LONG-TERM DISABILITY PLAN (LTD. 18.01 Employees shall pay the full premium of the present Long-Term Disability Plan, the benefit level to be 60% of monthly base salary in effect as of the date of disability reduced by:
(i) any form of salary continuation from the employer or benefit from an employer sponsored retirement or pension plan;
(ii) any basic disability benefits payable from government sponsored income security programs (e.g. C/QPP, W.S.I., E.I., or similar programs); but this amount shall not be reduced by amounts payable under:
(i) any privately sponsored group disability insurance plan;
(ii) any increase in benefit arising from the C/QPP as a result of an adjustment in the Consumer Price Index.
LONG-TERM DISABILITY PLAN (LTD. 18.01 Employees shall pay the full premium of the present Long-Term Disability Plan, the benefit level to be 60% of basic monthly earnings reduced by:
(i) any form of salary continuation from the employer or benefit from an employer sponsored retirement or pension plan;
(ii) any basic disability benefits payable from government sponsored income security programs (e.g. C/QPP, W.C., U.I., or similar programs); but this amount shall not be reduced by amounts payable under:
(i) any privately sponsored group disability insurance plan;
(ii) any increase in benefit arising from the C/QPP as a result of an adjustment in the Consumer Price Index.
LONG-TERM DISABILITY PLAN (LTD. The Board shall enroll all certified employees in the Long-Term Disability Program (LTD) as determined by the North Central Xxxxx Community School Corporation. The Board further agrees to pay the premium cost for such LTD coverage. The LTD Plan is currently underwritten by the underwriter chosen by the WVWCI School Trust with an October 1 annual renewal date. Plan provides 66 2/3% of salary with a 90-day elimination period.
LONG-TERM DISABILITY PLAN (LTD. Effective February 1, 2001, the Employer will provide an LTD Plan based on seventy (70%) percent of earnings to a maximum of $1500.00 per month. The principal terms of this LTD plan are set out below. All other terms of the Group Insurance Plan in effect prior to this Agreement shall remain in effect and unchanged. Benefits will commence on the latter of: □ the 183rd day of continuous/consecutive disability (the “elimination period”); or □ the day following the end of a period during which the employee is receiving Weekly Indemnity Benefits; □ Disabled employees will be eligible for benefits for a two-year period, from the end of the elimination period, if the employee is unable to perform his or her usual and customary duties as an employee of the Company. Thereafter, benefits will continue, to a maximum of five (5) years from the end of the elimination period, only if the employee is unable to perform the duties of any occupation.
LONG-TERM DISABILITY PLAN (LTD. Employees shall pay the full premium of the present Long-Term Disability Plan, the benefit level to be 60% of basic monthly earnings reduced by:
LONG-TERM DISABILITY PLAN (LTD a) The employee shall pay one hundred percent (100%) of the premium for the existing Long Term Disability Plan, which shall provide coverage for sixty-five percent (65%) of an employee’s annual salary. The coverage shall commence six (6) months after the initial date of disability, shall provide benefit for two (2) years “own occupation” disability, and coverage until age sixty-five (65) in the event of total disability.
b) In the case of absence for illness or disability, the employee may choose to continue to pay her contributions, for the duration of her illness or disability, for up to one (1) year from the date of leaving work.
c) The Employer will provide each employee with a monthly credit equivalent to fifty percent (50%) of the standard premium for LTD. The standard premium rate is based on coverage for “own occupation” for a one (1) year period versus the two (2) years listed in 25.03 (a).
d) The employee shall retain their earned seniority but will not accumulate sick leave, nor vacation credits.
LONG-TERM DISABILITY PLAN (LTD. (a) An LTD Plan shall take effect beginning the 18th week of consecutive disability absence (following expiry of the weekly indemnity).
(b) The Plan shall provide sixty-six and two-thirds percent (66 2/3%) of wages based on the regularly scheduled normal hours in the employee's posted position at the time of the disability claim, for a disability absence from the employee's own occupation for a period of twelve (12) months from the date of commencement of the benefit.
(c) The Employer will pay one hundred percent (100%) of the premium.
(d) In order to provide employees with a tax-free benefit once entitled to it, the Employer-paid premium will be shown on the employee's T-4 slip as "taxable income."
LONG-TERM DISABILITY PLAN (LTD. (a) Cost of the premiums to be paid 100% by the employee.
(b) All employees hired by the employer, after June 1, 1987 as E.S.S.A.
LONG-TERM DISABILITY PLAN (LTD. (a) This article (23.03) applies to full-time employees.
(b) The Employer will pay one hundred percent (100%) of the LTD Plan premiums.
(c) LTD claims will be adjudicated by the insurance carrier.
(d) In the event that a delay in processing a claim occurs, the Employer will provide seventy percent (70%) of wage loss after twenty-six (26) weeks until the claim is decided. If a claim is denied by the benefits carrier, the Employer will discontinue paying the seventy percent (70%) of wage loss. L.T.D. benefits shall provide seventy percent (70%) of wage loss.
LONG-TERM DISABILITY PLAN (LTD. Effective June 1, 2000 the Employer will provide a long term disability plan which shall be the plan provided in the Health Facilities Sector. The plan will cover regular employees who have completed their probationary period and will provide such employees who qualify with salary continuation until the age of sixty-five (65) in the event of a qualifying disability. Enrollment in the plan will be voluntary on a bargaining unit by bargaining unit basis. It is understood that a bargaining unit can opt in at a later time. Those opting out will have no LTD plan unless such units already have a plan. The cost of premiums will be cost-shared between the Employer and the Employee with the Employer's contribution limited to one
(1) percent of the employee's basic earnings. For employees at Garden Gate Residence effective October 1, 2002, and for employees at Xxxxx Xxxxxxxx House, effective April 1, 2003, the full cost of premiums will be assumed by the Employer and membership in the plan will be mandatory. This may occur at an earlier date if the experience of the Health Benefits Trust is that demonstrable savings are identified during the term of the collective agreement and/or projected demonstrable savings are identified during the term of the agreement. Any such savings will in the first instance be applied to the reduction or elimination of the employee's contribution for LTD coverage prior to October 1, 2002 for employees at Garden Gate Residence, and for employees at Xxxxx Xxxxxxxx House, April 1, 2003. The sole responsibility of the Employer following implementation of this plan is payment of its share of premiums. Benefit entitlement will be determined solely by the plan administrator.
