Common use of LONG TERM DISABILITY INCOME Clause in Contracts

LONG TERM DISABILITY INCOME. The School Board will participate in the long-term disability insurance program. The Board will pay one-half of the annual premium for all full-time licensed teachers who participate in the program and are on the non- cafeteria benefit plan. Teachers on the cafeteria plan are responsible to pay for 100% of the premium. The income of the participant, who is forced from work for a long period of time due to reasons of health or accident, will be insured after the 65th missed day out of 130 consecutive work days, for two-thirds of the teacher's regular salary up to the policy limit, as long as the LTD claim is approved by the insurance carrier. If the teacher requests it, the School Board will pay one-third day salary to those participants who have accumulated more than 65 days of paid time off. One-third day will be subtracted from the total number of remaining paid time off days until all paid time off has been used in full, or the teacher requests such payment be discontinued.

Appears in 3 contracts

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

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LONG TERM DISABILITY INCOME. The School Board will participate in the long-term disability insurance program. The Board will pay one-half of the annual premium for all full-time licensed teachers who participate in the program and are on the non- non cafeteria benefit plan. Teachers on the cafeteria plan are responsible to pay for 100% of the premium. The income of the participant, who is forced from work for a long period of time due to reasons of health or accident, will be insured after the 65th missed day out of 130 consecutive work days, for two-thirds of the teacher's regular salary up to the policy limit, as long as the LTD claim is approved by the insurance carrier. If the teacher requests it, the School Board will pay one-third day salary to those participants who have accumulated more than 65 days of paid time off. One-third day will be subtracted from the total number of remaining paid time off days until all paid time off has been used in full, or the teacher requests such payment be discontinued.

Appears in 1 contract

Samples: Collective Bargaining Agreement

LONG TERM DISABILITY INCOME. The School Board will participate in the long-term disability insurance program. The Board will pay one-half of the annual premium for all full-time licensed teachers who participate in the program and are on the non- non-cafeteria benefit plan. Teachers on the cafeteria plan are responsible to pay for 100% of the premium. The income of the participant, who is forced from work for a long period of time due to reasons of health or accident, will be insured after the 65th missed working day out of 130 consecutive work days, for two-thirds of the teacher's regular salary up to the policy limit, as long as the LTD claim is approved by the insurance carrier. If the teacher requests it, the School Board will pay one-third day salary to those participants who have accumulated more than 65 days of paid time off. Oneoff the regular income with one-third day will be subtracted from the total number of remaining paid time off days until all paid time off has been used in full, or the teacher requests such payment be discontinued.

Appears in 1 contract

Samples: Collective Bargaining Agreement

LONG TERM DISABILITY INCOME. The School Board will participate in the long-term long‐term disability insurance program. The Board will pay one-half one‐half of the annual premium for all full-time full‐time licensed teachers who participate in the program and are on the non- non‐ cafeteria benefit plan. Teachers on the cafeteria plan are responsible to pay for 100% of the premium. The income of the participant, who is forced from work for a long period of time due to reasons of health or accident, will be insured after the 65th missed day out of 130 consecutive work days, for two-thirds two‐thirds of the teacher's regular salary up to the policy limit, as long as the LTD claim is approved by the insurance carrier. If the teacher requests it, the School Board will pay one-third one‐third day salary to those participants who have accumulated more than 65 days of paid time off. One-third One‐third day will be subtracted from the total number of remaining paid time off days until all paid time off has been used in full, or the teacher requests such payment be discontinued.

Appears in 1 contract

Samples: Memorandum of Agreement

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LONG TERM DISABILITY INCOME. The School Board will participate in the long-term disability insurance program. The Board will pay one-half of the annual premium for all full-time licensed teachers who participate in the program and are on the non- cafeteria benefit plan. Teachers on the cafeteria plan are responsible to pay for 100% of the premium. The income of the participant, who is forced from work for a long period of time due to reasons of health or accident, will be insured after the 65th missed day out of 130 consecutive work daysworkdays, for two-thirds of the teacher's regular salary up to the policy limit, as long as the LTD claim is approved by the insurance carrier. If the teacher requests it, the School Board will pay one-third day salary to those participants who have accumulated more than 65 days of paid time off. One-third day will be subtracted from the total number of remaining paid time off days until all paid time off has been used in full, or the teacher requests such payment be discontinued.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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