Common use of Long Term Disability Benefit Clause in Contracts

Long Term Disability Benefit. In the event a team member, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the team member has been totally disabled for seven months, including periods approved in Section 1.3(a) and (c), they shall be eligible to receive a monthly benefit as follows: (a) While the team member has a sick bank balance to be used on a day-for-day basis, full monthly earnings will continue until the sick bank is exhausted, and Section 2.6 will not apply. (b) When a team member has no sick bank, or after it is exhausted, the team member shall receive a monthly benefit equal to the sum of: (1) Effective upon ratification 68.3% of the first $2,200 of monthly earnings; and (2) 50% of the monthly earnings above $2,200. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Company. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the short-term plan period, or equivalent seven month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first two years of disability shall be the day following the last month of the short-term plan period, or an equivalent seven month period. (c) The long-term disability benefit payment will be made so long as a team member remains totally disabled in accordance with Section 2.3, and will cease on the date the team member recovers, or at the end of the month in which the team member reaches age 65, or resigns or dies, whichever occurs first. (d) A team member in receipt of long-term disability benefits will be considered a team member for purposes of superannuation and will continue to be covered by group life, extended health, dental and medical plans for a period of up to two years from the date the plan went into effect. (See MOU #7 for benefits beyond two years.) Team members will not be covered by any other portion of a collective agreement except for Clause 7.4(e) but will retain the right of access to the Joint Committee established there under and will retain seniority rights should they return to employment. (e) When a team member is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions for Superannuation will be waived by the Company. (f) A team member engaged in rehabilitative employment with the Company and who is receiving partial long-term disability benefit payments will have contributions required for benefit plans in (d) above and contributions for Superannuation waived by the Company, except that Superannuation contributions shall be deducted from any salary received from the Company to cover the period of rehabilitative employment.

Long Term Disability Benefit. In the event a team member, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the team member has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), they shall be eligible to receive a monthly benefit as follows: (a) While the team member has a sick bank balance to be used on a day-for-day basis, full monthly earnings will continue until the sick bank is exhausted, and Section 2.6 will not apply. (b) When a team member has no sick bank, or after it is exhausted, the team member shall receive a monthly benefit equal to the sum of: (1) Effective upon ratification sixty-eight and three-tenths percent (68.3% %) of the first twenty-two hundred dollars ($2,200 2,200) of monthly earnings; and (2) Fifty percent (50% %) of the monthly earnings above twenty-two hundred dollars ($2,200). For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Company. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the short-term plan Short Term Plan period, or equivalent seven (7) month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first two (2) years of disability shall be the day following the last month of the short-term plan Short Term Plan period, or an equivalent seven (7) month period. (c) The long-term disability Long Term Disability benefit payment will be made so long as a team member remains totally disabled in accordance with Section 2.3, and will cease on the date the team member recovers, or at the end of the month in which the team member reaches age 65, or resigns or dies, whichever occurs first. (d) A team member in receipt of long-term disability benefits will be considered a team member for purposes of superannuation and will continue to be covered by group life, extended health, dental and medical plans for a period of up to two (2) years from the date the plan went into effect. (See MOU #7 for benefits beyond two [2] years.) Team members will not be covered by any other portion of a collective agreement except for Clause 7.4(e) but will retain the right of access to the Joint Committee established there under and will retain seniority rights should they return to employment. (e) When a team member is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions for Superannuation will be waived by the Company. (f) A team member engaged in rehabilitative employment with the Company and who is receiving partial long-term disability benefit payments will have contributions required for benefit plans in (d) above and contributions for Superannuation waived by the Company, except that Superannuation contributions shall be deducted from any salary received from the Company to cover the period of rehabilitative employment.