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.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement