Common use of Long Term Disability Income Plan Clause in Contracts

Long Term Disability Income Plan. (a) The Company will provide Bargaining Unit employees with the long-term disability insurance at company cost. (b) Coverage amount is equal to sixty-six and two-thirds (66-2/3) percent of the individual’s pre- disability monthly base wage up to age sixty-five (65) in accordance with the terms of the long term disability policy. (c) The “own occupation” disability period is twenty-four (24) months. (d) Maximum benefit amount is $5,000/month.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Long Term Disability Income Plan. (a) The Company will provide Bargaining Unit employees with the long-term disability insurance at company cost. (b) Coverage amount is equal to sixty-six and two-thirds (66-2/3) percent of the individual’s 's pre- disability monthly base wage up to age sixty-five (65) in accordance with the terms of the long term disability policy. (c) The “own occupation” disability period is twenty-four (24) months. (d) Maximum benefit amount is $5,000/month.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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