Common use of Long Term Disability (LTD) Plan Clause in Contracts

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:

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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