Common use of Long Term Disability Plan Clause in Contracts

Long Term Disability Plan. The Employer has agreed to establish a L.T.D. Plan for full time employees and employees (except students) who work an average of thirty-two (32) or more hours per week for twelve (12) consecutive months (as set out in this section). The Plan will provide fifty percent (50%) of salary and will activate when either W.I. or W.C.B. benefits are exhausted. Those full time employees with three (3) years seniority who do not qualify for the "any occupation" designation shall be entitled to a Company paid retraining program, up to a maximum of $2,500.00 including appropriate testing for suitable employment alternatives.

Long Term Disability Plan. The Employer has agreed to establish a an L.T.D. Plan for full full-time employees and employees (except students) who work an average of thirty-two (32) or more hours per week for twelve (12) consecutive months (as set out in this section). The Plan will provide fifty percent (50%) of salary and will activate when either W.I. or W.C.B. benefits are exhausted. Those full time employees with three (3) years seniority who do not qualify for the "any occupation" designation shall be entitled to a Company paid retraining program, up to a maximum of $2,500.00 including appropriate testing for suitable employment alternatives.

Long Term Disability Plan. ‌ The Employer has agreed to establish a L.T.D. Plan for full time employees and employees (except students) who work an average of thirty-two (32) or more hours per week for twelve (12) consecutive months (as set out in this section). The Plan will provide fifty percent (50%) of salary and will activate when either W.I. or W.C.B. benefits are exhausted. Those full time employees with three (3) years seniority who do not qualify for the "any occupation" designation shall be entitled to a Company paid retraining program, up to a maximum of $2,500.00 including appropriate testing for suitable employment alternatives.

Long Term Disability Plan. The Employer has agreed to establish a L.T.D. Plan for full time employees and employees (except students) who work an average of thirty-two (32) or more hours per week for twelve (12I 2) consecutive months (as set out in this section). The Plan will provide fifty percent (50%) of salary and will activate when either W.I. or W.C.B. benefits are exhausted. Those full time employees with three (3) years seniority who do not qualify for the "“any occupation" ” designation shall be entitled to a Company paid retraining program, up to a maximum of $2,500.00 including appropriate testing for suitable employment alternatives.