Long Term Disability - up to age 65. 66.7% of earnings of the first $2,600.00 and 50% of the balance of your monthly earnings to a maximum of $ 4, 000.00. LTD coverage is to be structured to immediately follow the STD coverage, i.e. (30th week). Participation is mandatory and the employee will be responsibility for 100% of the premiums. Benefit payments from the insurer will be on a non-taxable basis.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Long Term Disability - up to age 65. 66.7% of earnings of the first $2,600.00 and 50% of the balance of your monthly earnings to a maximum of $ $4, 000.00. LTD coverage is to be structured to immediately follow the STD coverage, i.e. (30th week). Participation is mandatory and the employee will be responsibility for 100% of the premiums. Benefit payments from the insurer will be on a non-taxable basis.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Long Term Disability - up to age 65. 66.7% of earnings of the first $2,600.00 and 50% of the balance of your monthly earnings to a maximum of $ $4, 000.00. - LTD coverage is to be structured to immediately follow the STD coverage, i.e. (30th week). Participation - participation is mandatory and the employee will be responsibility for 100% of the premiums. Benefit payments from It is understood the insurer will be premium payment is a taxable benefit payable by the employee. The LTD coverage during an illness is on a non-non- taxable basis.
Appears in 1 contract
Samples: Collective Agreement
Long Term Disability - up to age 65. 66.7% of earnings of the first $2,600.00 and 50% of the balance of your monthly earnings to a maximum of $ 4, 000.00$4,000.00. - LTD coverage is to be structured to immediately follow the STD coverage, i.e. (30th week). Participation - participation is mandatory and the employee will be responsibility responsible for 100% of the premiums. Benefit payments from the insurer will be on a non-taxable basis.
Appears in 1 contract
Samples: Collective Agreement
Long Term Disability - up to age 65. 66.7% of earnings of the first $2,600.00 and 50% of the balance of your monthly earnings to a maximum of $ $4, 000.00. - LTD coverage is to be structured to immediately follow the STD coverage, i.e. (30th week). Participation - participation is mandatory and the employee will be responsibility responsible for 100% of the premiums. Benefit payments from the insurer will be on a non-taxable basis.
Appears in 1 contract
Samples: Collective Agreement
Long Term Disability - up to age 65. 66.7% of earnings of the first $2,600.00 and 50% of the balance of your monthly earnings to a maximum of $ $4, 000.00. LTD coverage is to be structured to immediately follow the STD coverage, i.e. (30th week). Participation is mandatory and the employee will be responsibility for 100% of the premiums. Benefit payments from It is understood the insurer will be premium payment is a taxable benefit payable by the employee. The LTD coverage during an illness is on a non-taxable basis.
Appears in 1 contract
Samples: Collective Agreement