Common use of Long Term Disability Insurance Clause in Contracts

Long Term Disability Insurance. The Board will provide each full-time teacher a long-term disability policy to pay sixty-six and two-thirds percent (66 2/3%) of salary or seven thousand dollars ($7,000.00) per month, whichever is less. The cost for this coverage will be one dollar ($1.00) per year per policy per member.

Appears in 6 contracts

Samples: go.boarddocs.com, go.boarddocs.com, resources.finalsite.net

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Long Term Disability Insurance. The Board will provide each full-time teacher a long-shall make available long term disability policy insurance coverage for each teacher. Such coverage shall include but not be limited to pay sixty-six and two-thirds percent (66 2/3%) percent of salary or seven thousand dollars the teacher’s current base contract salary. Such insurance payments shall begin after ninety ($7,000.0090) per month, whichever is lessconsecutive calendar days of disability. The Board shall pay the total cost of the premium less twenty-four (24) cents for this coverage will be one dollar ($1.00) per year per policy per membertracking purposes.

Appears in 6 contracts

Samples: gateway.ifionline.org, go.boarddocs.com, Agreement

Long Term Disability Insurance. The Board will provide each full-time teacher a long-term disability policy to pay sixty-six and two-two- thirds percent (66 2/3%) of salary or seven thousand dollars ($7,000.00) per month, whichever is less. The cost for this coverage will be one dollar ($1.00) per year per policy per member.

Appears in 2 contracts

Samples: in02206768.schoolwires.net, in02206768.schoolwires.net

Long Term Disability Insurance. The Board will provide each full-time teacher a long-term disability policy agrees to pay sixty-six and two-thirds percent (66 2/3%) up to $50.00 per year, not to exceed the cost of salary or seven thousand dollars ($7,000.00) per month, whichever is lessthe applicable premium for each teacher enrolled in the School Corporation’s group LTD plan. The cost for this coverage will premium rate and waiting period shall be one dollar ($1.00) per year per policy per memberdetermined by the MASE Insurance Trust, upon receiving input from the Board and Association.

Appears in 2 contracts

Samples: Central School Corporation, Central School Corporation

Long Term Disability Insurance. The Board will provide each full-time teacher a long-shall make available long term disability policy insurance coverage for each teacher. Such coverage shall include but not be limited to pay sixty-six and two-thirds percent (66 2/3%) percent of salary or seven thousand dollars the teacher's current base contract salary. Such insurance payments shall begin after ninety ($7,000.0090) per month, whichever is lessconsecutive calendar days of disability. The Board shall pay the total cost of the premium less twenty-four (24) cents for this coverage will be one dollar ($1.00) per year per policy per membertracking purposes.

Appears in 2 contracts

Samples: resources.finalsite.net, Agreement

Long Term Disability Insurance. The Board will provide each full-time teacher a long-shall make available long term disability policy insurance coverage for each teacher. Such coverage shall include but not be limited to pay sixty-six and two-thirds percent (66 2/3%) percent of salary or seven thousand dollars the teacher’s current base contract salary. Such insurance payments shall begin after ninety ($7,000.0090) per month, whichever is lessconsecutive calendar days of disability. The Board shall pay the total cost of the premium less twenty-four (24) cents for this coverage will be one dollar ($1.00) per year per policy per membertracking purposes.

Appears in 1 contract

Samples: Agreement

Long Term Disability Insurance. The Board will provide each full-time teacher a long-shall make available long term disability policy insurance coverage for each teacher. Such coverage shall include but not be limited to pay sixty-six and two-two- thirds percent (66 2/3%) percent of salary or seven thousand dollars the teacher’s current base contract salary. Such insurance payments shall begin after ninety ($7,000.0090) per month, whichever is lessconsecutive calendar days of disability. The Board shall pay the total cost of the premium less twenty-four (24) cents for this coverage will be one dollar ($1.00) per year per policy per membertracking purposes.

Appears in 1 contract

Samples: gateway.ifionline.org

Long Term Disability Insurance. The Board will provide each full-time teacher a long-term disability policy to shall pay sixty-six and two-thirds percent (66 2/3%) of salary or seven thousand dollars ($7,000.00) per monththe full premium, whichever is less. The cost for this coverage will be less one dollar ($1.00) per year per policy per memberpaid by the participating teacher, for long term disability insurance for each teacher. The long term disability insurance shall provide for a minimum benefit of two-thirds (2/3) salary to age seventy (70). The long term disability insurance shall have a one hundred eighty (180) calendar day elimination period.

Appears in 1 contract

Samples: Tentative Agreement

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Long Term Disability Insurance. The Board will shall provide for each full-time qualifying teacher a group long-term disability policy to pay sixty-six and two-thirds percent (66 2/3%) plan. The Board shall make a maximum payment of salary or seven thousand one hundred fifty dollars ($7,000.00150.00) per monthteacher, whichever is less. The cost for this coverage will be with the teacher paying not less than one dollar ($1.00) per year per policy per memberyear.* * The sole authority for the selection of the insurance carriers shall be with the Board. Any insurance benefit provided by the Board shall be subject to the rules and regulations of the underwriters, carrier or group consortium.

Appears in 1 contract

Samples: wwayne.k12.in.us

Long Term Disability Insurance. The Board will provide each fullprovide, without cost to the teachers, Long-time teacher a long-term disability policy to pay Term Disability Insurance. Benefits shall be paid at sixty-six and two-thirds percent (66 66-2/3%) of salary or seven to a monthly maximum of five thousand dollars ($7,000.005,000) per month, whichever is less. The cost for this coverage will be one dollar and shall begin after the expiration of ninety ($1.0090) per year per policy per membercalendar days or after the modified fill requirements of the contract are met.

Appears in 1 contract

Samples: Master Agreement

Long Term Disability Insurance. The Board will provide each full-time teacher pay all but One Dollar ($1.00) (which shall be paid by the teacher) for a long-term disability policy to pay Long Term Disability Insurance Policy with a sixty-six and two-thirds percent (66 2/3%) % of salary or seven thousand dollars ($7,000.00) per monthafter a 90 day period of disability. Effective date of such insurance shall be January 1 of each year for teachers not employed in the School Corporation the preceding year. If employed the preceding year, whichever is less. The cost for this coverage will shall be one dollar ($1.00) per year per policy per membercontinuous.

Appears in 1 contract

Samples: Collective Bargaining Contract

Long Term Disability Insurance. The Board will provide each full-time teacher a long-term disability policy hereby agrees to pay sixty-six and two-thirds percent (66 2/3%) of salary or seven thousand dollars ($7,000.00) per month, whichever is less. The cost for this coverage will be all but one dollar ($1.00) per year per policy per memberof the premium cost of a Long Term Disability Plan from a mutually agreeable company for each teacher. Such insurance would provide for a minimum benefit of two-thirds (2/3) salary to age seventy-one (71). Such insurance shall go into effect on the ninety-first (91st) day of the teacher's illness or injury.

Appears in 1 contract

Samples: Master Contract

Long Term Disability Insurance. The Board will provide each fullprovide, without cost to the teachers, Long-time teacher a long-term disability policy to pay Term Disability Insurance. Benefits shall be paid at sixty-six and two-thirds percent (66 66-2/3%) of salary or seven to a monthly maximum of five thousand dollars ($7,000.005,000) per month, whichever is less. The cost for this coverage will be one dollar ($1.00) per year per policy per member.and shall begin after the expiration of ninety

Appears in 1 contract

Samples: www.mackinac.org

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