LONG TERM DISABILITY PLAN SUMMARY Sample Clauses

LONG TERM DISABILITY PLAN SUMMARY. The Welfare Plan will include a Long Term Disability Plan effective September which will provide benefits of fifty percent (50%) of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at date of onset of disability with Long Term Disability Benefits, payablefor a maximum period of sixty (60) months, but not beyond the attainment of age sixty-five (65). Cost sharing of the Plan will be: Company Employee Any rebate is for the exclusive use of the Company.
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LONG TERM DISABILITY PLAN SUMMARY. Eligibility
LONG TERM DISABILITY PLAN SUMMARY. The Welfare Plan will include a Long Term Disability Plan effective September which will provide benefits of fifty percent (50%) of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at date of onset of disability with Long Term Disability Benefits, payable for a maximum period of sixty (60) months, but not beyond the attainment of age sixty-five (65). Cost sharing of the Plan will be: Company Employee Any rebate is for the exclusive use of the Company. employees who are working full-time for full pay. Minimum hours worked no less than to commence after thirty (30) worked days of service. Enrollment in the Plan to be compulsory. Must be actively at work full-time and for full pay on date the "Five-Year Plan" commences.
LONG TERM DISABILITY PLAN SUMMARY. The Welfare Plan will include a Long Term Disability Plan effective September 1, 1980, which will provide benefits of fifty percent (50%) of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at date of onset of disability with Long Term Disability Benefits, payable for a maximum period of sixty (60) months, but not beyond the attainment of age sixty-five (65). Cost sharing of the Plan will be: Company 70% Employee 30% Any Employment Insurance rebate is for the exclusive use of the Company.

Related to LONG TERM DISABILITY PLAN SUMMARY

  • Long Term Disability (income replacement during a qualifying disability equal to sixty-six and two-thirds percent (66 2/3%) of basic monthly earnings to the established maximum following a one hundred and twenty (120) working day elimination period);

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