Common use of Long Term Disability Benefit Clause in Contracts

Long Term Disability Benefit. A-11.01 The Long Term Disability Plan will pay 66.7% of monthly earnings to a maximum of two ($2000.00) thousand dollars per month. There is a one hundred and nineteen (119) day qualifying period. The LTD benefit is payable to age 65 or retirement, whichever is earlier. A-11.02 The long term disability benefit is non-taxable as the employee pays the entire premium cost for the benefit.

Long Term Disability Benefit. A-11.01 The Long Term Disability Plan will pay 66.7% of monthly earnings to a maximum of two ($2000.00) thousand dollars per month. There is a one hundred and nineteen (119) day qualifying period. The LTD benefit is payable to age 65 or retirement, whichever is earlier. A-11.02 The long term disability benefit is non-taxable as the employee pays the entire premium cost for the benefit.. APPENDIX "B" WAGES AND CLASSIFICATIONS

Long Term Disability Benefit. A-11.01 The Long Term Disability Plan will pay 66.7% of monthly earnings to a maximum of two ($2000.00) thousand dollars per month. There is a one hundred and nineteen (119) day qualifying period. The LTD benefit is payable to age 65 or retirement, whichever is earlier. A-11.02 The long term disability benefit is non-taxable as the employee pays the entire premium cost for the benefit.. APPENDIX "B"