Long Term Disability Policy. An employee shall have the option to fund a PORAC Long-Term Disability policy with after-tax income. In lieu of the City sponsored LTD plan, the City will pay an annual $100 lump sum payment minus applicable taxes to each employee. This lump sum payment will be made in the first pay period in December of each year of this MOU.
Appears in 4 contracts
Samples: storage.googleapis.com, storage.googleapis.com, storage.googleapis.com
