Common use of LONG TERM DISABILITY PLAN SUMMARY Clause in Contracts

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.

Appears in 1 contract

Samples: Labour Agreement

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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, payablefor benefits payable for a maximum period of sixty (60) months, 60 months but not beyond the attainment of age sixty-five (65). Cost sharing of the Plan will be: Company 70% Employee 30% Any U.I.C. rebate is for the exclusive use of the Company.

Appears in 1 contract

Samples: Labour Agreement

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 thedisabled employee's ’s hourly straight time job rate at date of onset of disability with Long Term term Disability Benefits, payablefor benefits payable for a maximum period of sixty (60) months, months but not beyond the attainment of age sixty-five (65). Cost sharing of the Plan plan will be: Company Employee Any rebate is for the exclusive use of the Company.Eligibility

Appears in 1 contract

Samples: Labour Agreement

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, payablefor 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 U.I.C. rebate is for the exclusive use of the Company.

Appears in 1 contract

Samples: Labour Agreement

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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, payablefor 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.

Appears in 1 contract

Samples: Collective Agreement

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