Common use of L.T.D. Benefit Payments Clause in Contracts

L.T.D. Benefit Payments. The LTD Plan shall pay to an eligible employee fifty percent (50%) of the employee's base rate of pay in effect at the onset of disability through illness, injury or other medical condition as defined in the Plan, except that the first thirty (30) calendar days of disability shall be covered by available sick leave credits as referred to in Clause 23.03 of this Article.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

L.T.D. Benefit Payments. The LTD Plan shall pay to an eligible employee fifty Employee sixty percent (5060%) of the employeeEmployee's base rate of pay basic earnings in effect at the onset of disability through illness, injury or other medical condition as defined in the Plan, except that the first thirty one hundred and twenty (30120) calendar days of disability shall be covered by available sick leave credits as referred to in Clause 23.03 Article 24.03 a) of this Article.

Appears in 1 contract

Samples: Office and Professional Employees

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.