Long Term Disability Benefits Sample Clauses

Long Term Disability Benefits. A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. In order to go on LTD, the person must: (a) Be off work for seventeen (17) consecutive weeks with the same or unrelated illness or injury. (b) Be off work for a total of seventeen (17) weeks with the same illness or injury providing that the return to work was less than twenty (20) consecutive days.
AutoNDA by SimpleDocs
Long Term Disability Benefits. The District shall provide each eligible employee with long-term disability insurance as follows: 18.5.1 The insurance shall provide a disability payment equal to 66-2/3% of the employee's "basic monthly earnings" on the date he or she was disabled to a maximum payment of $6,000 per month. "Basic monthly earnings" means 1/12th of the employee's annual contract salary. 18.5.2 The disability payment under the long-term disability shall begin after all accumulated sick leave and extended sick leave under Article 10 has been used. 18.5.3 For employees with five (5) years or more of STRS service and two (2) or more eligible children on the date of disability, disability payment shall be paid for one year from the date of disability for both accident and illness provided that the employee is sixty-nine (69) years of age or younger on the date of disability. If the period of disability extends beyond one year, the employee shall receive disability allowance payment from STRS. 18.5.4 For all employees not included under Section 18.5.3, the disability payments shall be payable for ten (10) years from the date of disability for both accident and illness provided that the employee is fifty-five (55) years of age or younger on the date of disability. If the employee is older than fifty-five (55) years on the date of disability, the maximum disability payment period shall be the same as that provided in the maximum disability payment schedule set forth in the District's income protection insurance plan. 18.5.5 An employee who has separated from the District due to medical reasons and is receiving long-term disability payments under Section 18.5 shall be eligible to receive health benefits under 18.2.1 for a period of three (3) years provided that the employee has been employed by the District for at least five (5) years prior to the employee’s separation date.
Long Term Disability Benefits. Executive will be eligible to receive long term disability coverage paid by the Company in accordance with the terms of the Company’s policies.
Long Term Disability Benefits. F-3.01 Subject to the rules and regulations of the Plan, the Co-operative will provide eligible employees with a Long Term Disability Plan carried with the Co- operators Life Insurance Company. Premiums will be shared equally by the Co- operative and the employees. Benefits will take effect after a ninety (90) calendar day waiting period. Coverage shall be up to sixty (60) years of age and will be sixty-seven (67%) percent of the employee's weekly wage plus a contribution to pension equivalent to the contribution rate at the time of disability and provided for under F-5.01. F-3.02 Long Term Disability benefits provided by the Co-operative and required because of a medical condition directly attributable to pregnancy, will be granted to employees under the same conditions as other Long Term Disability benefits are granted, as determined by the Co-operators Life Insurance Company.
Long Term Disability Benefits. The City shall pay one hundred percent (100%) of the premium costs of the Dental Plan, Extended Health Benefits and Group Life Insurance.
Long Term Disability Benefits a. Full-time covered employees shall be provided with long term disability insurance coverage for all full-time covered employees, the cost of which shall be fully paid by the CCSNH. It is agreed by the parties that the CCSNH shall have the sole right to select the provider for long term disability benefit coverage. The long term disability benefits shall be as follows: Benefit Schedule: 60% of monthly earnings Maximum Monthly Benefit: $6,000.00 Waiting Period: 180 calendar days (6 months)
Long Term Disability Benefits. 50.3.1 ANAHEIM agrees to pay for long term disability insurance during the term of this MOU. 50.3.2 An employee shall not be eligible to receive long term disability benefits until completed one (1) year of service.
AutoNDA by SimpleDocs
Long Term Disability Benefits. To be eligible for long-term disability (LTD) benefits, employees must work 30 or more regularly scheduled hours per week. All eligible employees are required to participate in the long-term disability (LTD) program. Long-term disability (LTD) premiums will be paid by the employee.
Long Term Disability Benefits. LTD benefits will commence after 180 days of disability and will continue for five (5) years from date of disability, Public School Employees Retirement Act or until age sixty-five (65), whichever comes first. This coverage shall be for sixty-six and two-thirds percent (66 2/3%) fully integrated basis of monthly salary with a ceiling of $1,500 per month.
Long Term Disability Benefits. The Employer shall establish a Long Term Disability Plan. a) All employees shall be required to participate in the Long Term Disability Plan subject to meeting the eligibility and/or qualifying criteria under the applicable terms of the Long Term Disability Plan. b) The applicable premium costs associated with the Long Term Disability Plan shall be determined by the Insurance Carrier from time to time. c) Employees shall pay one hundred percent (100%) of the premiums associated with the Long Term Disability Plan through monthly payroll deductions made by the Employer, who shall remit those premiums to the Insurance Carrier. d) Entitlement for long term disability benefits shall be governed exclusively by the terms of the Long Term Disability Plan and shall be determined exclusively by the Insurance Carrier. e) The responsibility of the Employer in respect to the Long Term Disability Plan shall be limited solely to deducting and remitting the premiums to the Insurance Carrier. f) The Employer shall have the right to change Insurance Carriers provided that, in the aggregate, equivalent or better coverage is maintained. If the Insurance Carrier is changed, the Employer shall provide to the Faculty Association proof of coverage upon request. g) Entitlement issues are not subject to the grievance and arbitration provisions of the Collective Agreement and are to be dealt with exclusively by the employee and the Insurance Carrier. h) An outline of the provisions is attached in Appendix “B.”
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!