Long Term Income Protection Plan. (a) Effective June 1, 2003, the Employer will pay one hundred percent (100%) of the premium for the Long Term Income Protection Plan.
(b) Effective June 1, 2003, and annually thereafter, the total monthly payment of LTIP under the Plan shall be increased by up to 2% based on the average annual increase in the Ontario Consumer Price Index (CPI) as published by Statistics Canada each January. The OPPA will have the opportunity to discuss disallowed claims with the Insurance Carrier through a Joint Insurance Benefits Review Committee.
Long Term Income Protection Plan. (a) The Employer will pay one hundred per cent (100%) of the premium for the Long Term Income Protection Plan. The benefits of this plan shall be sixty-six and two-thirds percent (66-2/3%) of gross annual salary.
(b) The Employer shall make contributions on behalf of the teacher to the Ontario Teachers Pension Plan for the period a teacher receives or has received benefits under this plan, so that such period shall count as pensionable service. Such contributions shall be based on the salary on which the benefit is calculated.
(c) An employee shall have his/her benefits coverage continued while he/she is receiving benefits under the Long Term Income Protection Plan.
Long Term Income Protection Plan. The Employer will pay one hundred per cent (100%) of the premium for the Long Term Income Protection Plan. The benefits of this plan shall be sixty-six and two-thirds percent (66-2/3%) of gross annual salary.
Long Term Income Protection Plan. Where a provision in this outline is in conflict with the Great-West Life Assurance master plan, the Great-West Life Assurance will apply and prevail. The Long Term Income Protection Plan provides income security should an employee become totally disabled prior to age 65 due to a sickness or injury which totally disables over a long period of time. The Plan provides coverage on and off the job. The monthly benefit is equal to seventy-five percent (75%) of normal monthly earnings, excluding overtime and other special compensations. This amount, in turn, is reduced by an income payable to the employee as a result of the disability from the following sources:
Long Term Income Protection Plan. The employer will pay one hundred per cent (100%) of the premium for the Long Term Income Protection Plan. The benefits of this plan shall be sixty-six and two-thirds per cent (66-2/3%) of gross annual salary. The employer shall make contributions on behalf of the teacher to the Ontario Teachers Pension Plan for the period a teacher receives or has received benefits under this plan, so that such period shall count as pensionable service. Such contributions shall be based on the salary on which the benefit is calculated. An employee shall have his/her benefits coverage continued while he/she is receiving benefits under the Long Term Income Protection Plan.
Long Term Income Protection Plan. (a) Effective January 1, 1992, the Employer will pay ninety percent (90%) of the premium for the Long Term Income Protection Plan and the employee will pay the remaining ten percent (10%).
(b) Effective January 1, 1986, the LTIP benefit under Schedule II, Section (E) will be increased for each employee who commenced to receive LTIP benefits:
(i) from and including January 1, 1975, to and including December 31, 1976, by one hundred and seventy-five dollars ($175.00) per month;
(ii) from and including January 1, 1977, to and including December 31, 1978, by one hundred and thirty-five dollars ($135.00) per month;
(iii) from and including January 1, 1979, to and including December 31, 1980, by one hundred and ten dollars ($110.00) per month;
(iv) from and including January 1, 1981, to and including December 31, 1982, seventy-five dollars ($75.00) per month;
(v) from and including January 1, 1983, to and including December 31, 1985, fifty dollars ($50.00) per month;
(vi) from and including January 1, 1986, to and including December 31, 1988, thirty dollars ($30.00) per month;
(vii) from and including January 1, 1989, to and including December 31, 1990, fifteen dollars ($15.00) per month; in respect of each month the employee continues to receive LTIP benefits under the plan. The OPPA will have the opportunity to discuss disallowed claims with the Insurance Carrier through a Joint Insurance Benefits Review Committee.
Long Term Income Protection Plan. The Employer will continue to pay ninety percent (90%) of the premium for the Long Term Income Protection Plan and the employee will pay the remaining ten percent (10%) in respect of each month the employee continues to receive LTIP benefits under the plan. The OPPA will have the opportunity to discuss disallowed claims with the Insurance Carrier through a Joint Insurance Benefits Review Committee.
Long Term Income Protection Plan. (i) It shall be a condition of employment that employees be enrolled in a long-term income protection plan. The Plan provides an income protection benefit equal to 66-2/3% of the Employee's wages at the time of benefit commencement. The premium cost will be paid 100% by the Employer. Employee benefits as provided in Article 24 shall be maintained at no cost to the employee, when the employee is in receipt of L.T.I.P. benefits.
(ii) An employee who has been in receipt of L.T.I.P and who is certified fit to return to duty shall be reinstated to the first available vacancy for which he/she is qualified in his/her own class or lower. In assigning an employee to a vacancy under this article, it is understood that the provisions of Article 10 "Staff Changes" will not apply. If no suitable vacancy exists, the employee will be placed on leave of absence without pay for a period not exceeding 30 days. If not assigned to a position by the end of the unpaid leave, the employee shall be laid off in accordance with the provisions of Article 9 "Layoffs & Recall", except that the employee will not be given 17 weeks paid notice.
(iii) Long Term Income Protection benefits commence after a qualifying period of six (6) months from the date the employee becomes totally disabled or after using 130 days sick leave credits, whichever is the later. However, the employee will have the option to defer the start of LTIP by electing to use any sick leave credits still outstanding as at that date.
Long Term Income Protection Plan. Effective January I, the Employer will pay ninety percent (90%) of the premium for the Long Term Income Protection Plan and the employee will pay the remaining ten percent Effective January the benefit under Schedule Section (E) will be increased for each employee who commenced to receive benefits:
Long Term Income Protection Plan. 40.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the Long Term Income Protection Plan.
40.2 The Long Term Income Protection benefit is sixty-six and two-thirds percent (66-2/3%) of the employee’s gross salary at the date of disability, including any retroactive salary adjustments to which the employee is entitled.
40.3 The Long Term Income Protection benefit to which an employee is entitled under Article 40.2 shall be reduced by the total of other disability or retirement benefits payable under any other plan toward which the Employer makes a contribution except for Workers’ Compensation benefits paid for an unrelated disability, and such benefits are payable until recovery, death or the end of the month in which the employee reaches age 65.
40.4 LTIP benefits commence after a qualification period of six (6) months from the date the employee becomes totally disabled, unless the employee elects to continue to use accumulated attendance credits on a day-to-day basis after the six (6) month period.
40.5 Total disability means the continuous inability as the result of illness, mental disorder or injury of the insured employee to perform the essential duties of her/his normal occupation during the qualification period and during the first twenty-four (24) months of the benefit period; and thereafter during the balance of the benefit period, the inability of the employee to perform the essential duties of any gainful occupation for which s/he is reasonably fitted by education, training or experience.
40.6 The Employer will continue to make pension contributions and premium payments for the Dental Plan and for the Supplementary Health and Hospital Plan on behalf of the employee, at no cost to the employee, while the employee receives or is qualified to receive LTIP benefits under the plan, unless the employee is supplementing a Workplace Safety & Insurance Board award.
40.7 A record of employment, if required, in order to claim Employment Insurance sickness and disability benefits will be granted to an employee and this document shall not be considered as termination of employment.
40.8 Long Term Income Protection coverage will terminate at the end of the calendar month in which an employee ceases to be a full-time regular employee. If the employee is totally disabled on the date her/his insurance terminates, s/he shall continue to be insured for that disability.
40.9 If an employee has been receiving benefits and her/his disabilit...
