Long Term Disability (LTD) Plan. The Corporation will provide an insured Long Term Disability plan for eligible full-time employees, and for new full-time employees on the first day of the month following completion of the probationary period, that will provide seventy five (75%) of normal straight time pay, taxable, from the 76th working day of absence due to illness or non-work related injury, inclusive of Workplace Safety and Insurance and Canada Pension Plan benefits (exclusive of dependent benefits). Long Term disability will be available, and/or coverage will be provided, until the sooner of:
Long Term Disability (LTD) Plan. A. Effective August 28, 1995 the BOARD shall make payment of insurance premiums for each administrator to provide a Long Term Disability (LTD) policy which at a minimum shall provide:
Long Term Disability (LTD) Plan. 2.13.1 The full premium cost of the plan shall be paid by the employee. The City w ill pay to each employee a monthly cash sum equivalent to the monthly premium.
2.13.2 Any LTD claimant of xx xxxx-four (24) months or more w ho is eligible for paid insurance benefit s, as outlined in (8)2.10, and a City pension of at least sixt y percent (60% ) that is not actuarially reduced, ceases to be eligible for LTD benefits.
Long Term Disability (LTD) Plan. The City will provide a long-term disability policy for all full-time employees covered by this agreement, issued by a company of the City’s sole and unrestricted choice. Such policy shall provide for payment of 70% of the employee’s base salary for a non-duty related injury or illness and in accordance with the provisions provided for in the LTD policy. Payment will be made following a sixty (60) calendar day benefit waiting period that begins on the first day of the disability. Employees are required to use their own sick time or any other paid time provision they have available to satisfy the sixty (60) calendar day benefit waiting period. Current employees will receive the LTD benefit effective, February 1, 2020. New hires will receive the LTD benefit within 90-days from date of hire and in conjunction with the effective date of their healthcare benefits. Plan Hi-lights: • Benefit: 70% of base wage • Benefit waiting period: 60 calendar days • Maximum monthly benefit: $6,000 • Own Occupation Period: The first 24 months LTD benefits are paid • Any Occupation Period: From the end of the Own Occupation period to age 65 See Long Term Disability (LTD) Policy for additional information.
Long Term Disability (LTD) Plan. 30.01 The Employer will provide and maintain a Long Term Disability ( LTD) Plan through a policy in the name of the Employer, with a private Insurance Company, to insure all applicable eligible Employees covered by this Agreement.
30.02 The Employer shall pay the total cost of providing LTD premiums to all eligible Employees covered under the Plan, subject to Clause 27.01 (e).
30.03 The eligibility of an Employee to participate in the LTD Plan is subject to Article 2, Application and all eligible Employees shall be covered, in accordance with the provision of the Insurance Policy.
30.04 An eligible Employee who becomes ill or disabled and who, as a result of such illness or disability, is absent from work for a period of eighty-five (85) consecutive work days or seventeen (17) consecutive weeks, whichever is the shorter period, may apply for long term disability income benefits as provided under the LTD Plan. The final ruling as to whether or not the claimant's disability is of a nature which is eligible for benefits within the interpretation of the provisions of the Insurance Policy shall be made by the Insurance Company's claims' adjudicator.
30.05 The maintenance of the LTD Policy and the maintenance of the LTD benefits applicable to eligible Employees covered by this Agreement shall not be altered except through mutual agreement of the parties to this Agreement.
30.06 When an Employee is placed on the LTD Plan and is receiving benefits and subsequently is denied further LTD benefits, and is not able to return to work to perform all the regular duties of their classification or refuses to work in another job which they are capable of performing, that Employee will be deemed to have resigned effective the date LTD benefits under the Plan are terminated by the Insurance Company or effective the date of the Employee's refusal to accept work.
Long Term Disability (LTD) Plan. The Corporation will provide an insured Long Term Disability (LTD) Plan for employees, and for new employees on the first day of the month following completion of the probationary period, that will provide seventy-five percent (75%) of normal straight time pay, taxable, from the 76th working day of absence due to illness or non- work related injury, inclusive of any Workplace Safety and Insurance and Canada Pension Plan benefits (exclusive of dependent benefits) until the sooner of recovery or retirement. Employees in receipt of Long Term Disability (LTD) benefits, exclusive of Animal Control Employees, shall receive an increase to those benefits of either (1) the average percentage increase negotiated by the Union for its members, or (2) the annual all Canada (C.P.I.) increase whichever is lesser, up to a five percent (5%) annual maximum increase. The insured sick leave plan adjudicator will require appropriate medical documentation from a qualified medical practitioner to process an LTD claim.
Long Term Disability (LTD) Plan a) The Board shall administer the Long Term Disability plan as purchased by the teachers.
b) As a condition of employment, all newly hired teachers will participate in the Long Term Disability plan. At the time that the three existing plans are amalgamated into one, all teachers in the bargaining unit that were members of the LTD plan will remain and only teachers who have not previously participated in the LTD plan will have a choice of participation.
c) The teachers agree to pay 100% of the LTD plan premium.
Long Term Disability (LTD) Plan. Effective the first open enrollment following January 1, 2016, full-time and part-time benefited employees will be covered by a Long Term Disability plan that provides a 60% benefit to maximum of $5000 per month after one hundred eighty (180) continuous days of disability for up to five (5) years. The cost of the basic LTD Plan will be paid by the Medical Center. Subject to underwriting requirements established by the carrier, eligible employees may also elect and pay for a supplemental plan that provides 60% to a maximum of $10,000 per month payable until age 65 if disabled. The current employee-paid voluntary long term disability options are eliminated. open enrollment. The coverage is effective the first of the month following the carrier’s approval, if applicable. The terms for participating in and coverage by Medical Center’s insurance programs shall be governed by the Medical Center’s policies.
Long Term Disability (LTD) Plan. The Employer will continue to provide employees the Disability Income Plan provided through MEBP, with contribution costs being shared 50/50 between the Employer and the employees. Enrolment, coverage, contributions and benefits payable are subject to the limitations of the plan.
Long Term Disability (LTD) Plan. All permanent employees who are employed on the basis of fifteen (15) hours per week or more, upon the completion of three (3) months' service, shall be included in a Long Term Disability Plan, providing protection against total loss of earnings due to health reasons.