Long Term Salary Continuance Plan Sample Clauses

Long Term Salary Continuance Plan. The foregoing Long-Term Salary Continuance Plan is provided subject to the prevailing contract conditions and limitations of the insurance policies in effect at the time of disability.
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Long Term Salary Continuance Plan. 1. The Long Term Salary Continuance Plan is provided subject to the prevailing contract conditions and limitations of the insurance policies in effect at the time of disability. 2. The County will assume the full cost of the premiums of the Long Term Salary Continuance Plan. 3. This Plan (Section B) will provide an income of sixty-six and two-thirds percent (66- 2/3%) of the then current salary or wages for the job classification and increment level in which the employee was at the time of commencement of illness or accident; integrated with the Canada Pension Plan disability benefits (seventy percent (70%) for those employees with over twenty (20) years' service). All benefits are subject to a maximum of $8,000 per month. 4. Benefits begin on the eighteenth (18th) week after disability commences, and are payable subject to terms and conditions of the insurance contract. 5. There will be no vacation credits, vacation pay or statutory holiday pay during the Long-Term disability portion of this plan. 6. Where provided under the terms of the insurance contract, all employee benefits remain in force. 7. An employee must not engage in any other occupation or employment for wage or profit without the specific permission of the employer and the insuring carrier. 8. An employee must be under the regular care and attention of a legally qualified physician or surgeon and the employer and the insuring carrier have the right to require any additional medical evidence; and have the right to request a medical examination by their designated physician or surgeon. LIST OF PROFESSIONAL RESPONSIBILITY ASSESSMENT COMMITTEE CHAIRPERSONS Xxxx Xxxxxxxxx 000 Xxxxxx Xx. XX#0 XXXXXXXX, XX X0X 0X0 Between: And: To recognize that some employees desire a more flexible working arrangement than is currently provided for in the Collective Agreement between the Corporation of the County of Huron Health Unit and the Ontario Nurses' Association and to recognize the Employer's desire to accommodate the same, the parties agree to continue job sharing. This Agreement will continue from year to year in accordance with the signed Agreement and terms and provisions of the Collective Agreement unless terminated by either party. There will be no more than three (3) job sharing arrangements at any one time. Where management decides to fill a vacant full-time position on a job sharing basis, both job sharing positions must be posted and selection based on the criteria set out in the Collective Agree...
Long Term Salary Continuance Plan. 1. The Long Term Salary Continuance Plan is provided subject to the prevailing contract conditions and limitations of the insurance policies in effect at the time of disability. 2. The County will assume the full cost of the premiums of the Long Term Salary Continuance Plan. Between: And: To recognize that some employees desire a more flexible working arrangement than is currently provided for in the Collective Agreement between the Corporation of the County of Huron Health Unit and the Ontario Nurses' Association and to recognize the Employer's desire to accommodate the same, the parties agree to continue job sharing. This Agreement will continue from year to year in accordance with the signed Agreement and terms and provisions of the Collective Agreement unless terminated by either party. There will be no more than three (3) job sharing arrangements at any one time. Where management decides to fill a vacant full-time position on a job sharing basis, both job sharing positions must be posted and selection based on the criteria set out in the Collective Agreement. An incumbent full-time employee wishing to share her position, may make a request in writing to her Director to do so without having her half of the position posted. However, the other half of the job shared position must be posted and the selection based on the criteria set out in the Collective Agreement. If one of the job sharers leaves the arrangement, when the position is filled, the remaining employee may elect to assume the position on a full time basis. If the remaining employee does not elect to do so, the vacant portion of the job shared position will be posted in accordance with the Collective Agreement. The Employer may terminate job sharing with sixty (60) days written notice to the employees involved and the Union. Upon receipt of such notice a meeting shall be held between the parties to discuss the termination. Both parties will make every effort to resolve any problem(s) before terminating job sharing. Such discontinuation shall not be unreasonable or arbitrary. The employees involved in job sharing will be entitled to all provisions of the Collective Agreement as provided for a Regular Full-time employee except as detailed below.
Long Term Salary Continuance Plan. 17. This Plan (Section B) will provide a regular full time employee an income of sixty-six and two-thirds percent (66 2/3%) of the then current salary or wages for the job classification and increment level in which the employee was at the time of Schedule “B” commencement of illness or accident; integrated with the Canada Pension Plan disability benefits (seventy percent (70%) for those employees with over 20years’ service). 18. Benefits begin on the nineteen (19th) week after disability commences, and are payable to age sixty-five (65) or recovery, whichever occurs first. 19. All vacation must be taken before age sixty-five (65), or as mutually agreed upon. 20. There will be no vacation credits, vacation pay or statutory holiday pay during the Long-Term disability portion of this plan. 21. Where provided under the terms of the insurance contract, all employee benefits remain in force, with the exception of those benefits outlined in Section 23. 22. No consideration will be given under this portion of the Plan for car allowance and the benefit shall automatically be terminated, based on Section A, Clause 10. 23. An employee must not engage in any other occupation or employment for wage or profit without the specific permission of the Employer and the insuring carrier. 24. An employee must be under the regular care and attention of a legally qualified physician or surgeon and the Employer and the insuring carrier have the right to require any additional medical evidence; and have the right to request a medical examination by their designated physician or surgeon. 25. The foregoing Long-Term Salary Continuance Plan is provided subject to the prevailing contract conditions and limitations of the insurance policies in effect at the time of disability. 26. The Employer will assume the full cost of the premiums of the Long-Term Salary Continuance Plan.
Long Term Salary Continuance Plan. This Plan (Section B) will provide an income of 66 2/3% of the then current salary or wages for the job classification and increment level in which the employee was at the time of commencement of illness or accident; integrated with the Canada Pension Plan disability benefits (70% for those employees with over 20 years service). Effective February 15, 2018, it is understood and agreed that the monthly maximum amount payable under this provision will be ($5000.00) per month.

Related to Long Term Salary Continuance Plan

  • Salary Continuance The Employer will continue the salary and benefits coverage of an Employee who is granted leave without pay in accordance with Article 13.01 and will bill the relevant Union for the Employee’s salary. If the leave extends beyond three calendar months, the Employer will, from that point, bill the relevant Union 1.2 times the Employee’s salary until the leave is concluded.

  • Salary Continuation If the Executive becomes totally disabled during the term of this Agreement, his full salary shall be continued for 360 days from the date of the disabling injury or onset of the disability illness.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Long-Term Compensation Including Stock Options, and Benefits, Deferred Compensation, and Expense Reimbursement.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Long-Term Incentive The Company shall provide Employee an opportunity to participate in the Company’s applicable long term incentive plan as it may or may not exist from time to time.

  • Benefit Continuation (a) For leaves taken pursuant to Clause 21.1, 21.2 and 21.3 the Employer shall maintain coverage for medical, extended health, dental, group life and long-term disability, and shall pay the Employer’s share of these premiums. (b) Notwithstanding Clause 21.4(a) above, should an employee be deemed to have resigned in accordance with Clause 21.5 the Employer will recover monies paid pursuant to this clause.

  • Long Term Disability Plan (i) The Employer and the Union shall participate in the Long Term Disability Plan provided under the joint GVLRA/CUPE LTD Trust, or its successor trust when applicable, pursuant to the Trust Agreement executed by Trustees representing the Union and the Greater Victoria Labour Relations Association on behalf of the Employer effective January 1, 1987, which Trust Agreement may be amended from time to time by the Trustees. (ii) All regular employees shall participate in this LTD Plan as a condition of continued employment. The required contributions for this coverage shall be as determined and amended from time to time by the Trustees and shall be shared equally by each employee through payroll deduction and the Employer (50% each), provided that in no event shall the total cost of such coverage exceed three percent (3%) of the total payroll for basic CUPE wages. Should the current benefits prove impossible to maintain for this three percent (3%) maximum in accordance with accepted actuarial accounting methods, the benefits shall be amended by the Trustees so that the three percent (3%) total cost is maintained. (iii) The terms and conditions of this LTD Plan shall be as determined and amended from time to time by the Trustees, but in no event shall these benefits provide for other than the following, provided such benefits can be maintained for the total cost of three percent (3%) of payroll. (a) A benefit level of seventy percent (70%) of the disabled employee's regular monthly earnings in effect on the date of disability, reduced by certain amounts received by and payable to the employee from other sources during the period of disability. (b) A definition of disability which permits an employee to become eligible for benefits when completely unable to engage in his/her normal occupation for the first twenty-four (24) months of disability; and thereafter, when he/she is unable to engage in any occupation or employment for which he/she is reasonably qualified or may reasonably become qualified. (c) A seventeen (17) week qualification period from the date of disability during which no benefit is payable under the Plan. (iv) All claims for LTD coverage shall be adjudicated and administered by a carrier selected for such purposes by the Trustees. The terms of the Trust Agreement and Plan Documents as applicable shall apply to all matters not specifically addressed in this Article. Should a conflict arise between this Article and any of the above documents, this Article shall always apply. (v) Notwithstanding anything in this Article, the Employer and the Union recognize that eligibility for and entitlement to long term disability benefits shall be as set out in the Plan document. (vi) An employee must make application for long term disability benefits while on an extended sick leave and prior to the completion of the qualification period and that if the employee is accepted for long term disability benefits that the employee shall commence long term disability upon completion of the qualification period.

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