Common use of LTD Plan Clause in Contracts

LTD Plan. The Company will provide at no cost to Employees a long term disability plan which will take effect when an Employee has exhausted his coverage under the weekly indemnity insurance plan. A copy of the master policy will be made available to the Union. Benefits are paid from the point at which weekly indemnity benefits cease, should the same non-occupational accident or illness continue. Monthly benefit level will be 60% of the regular hourly rate at the date when indemnity payments commenced, calculated as follows: • hourly rate x 2080 divided by 12 to a maximum of $2,400 Employees eligible for disability payments from government programs, which may reduce the level of L.T.D. coverage, must apply for these benefits.

LTD Plan. The Company will provide at no cost to Employees a long term disability plan which will take effect when an Employee has exhausted his coverage under the weekly indemnity insurance plan. A copy of the master policy will be made available to the Union. Benefits are paid from the point at which weekly indemnity benefits cease, should the same non-occupational accident or illness continue. Monthly benefit level will be 60% of the regular hourly rate at the date when indemnity payments commenced, calculated as follows: • hourly rate x 2080 divided by 12 to a maximum of $2,400 2,550 (year 2 - $2,600, year 3 - $2,650) Employees eligible for disability payments from government programs, which may reduce the level of L.T.D. coverage, must apply for these benefits.

LTD Plan. The Company will provide at no cost to Employees a long term disability plan which will take effect when an Employee has exhausted his coverage under the weekly indemnity insurance plan. A copy of the master policy will be made available to the Union. Benefits are paid from the point at which weekly indemnity benefits cease, should the same non-occupational accident or illness continue. Monthly benefit level will be 60% of the regular hourly rate at the date when indemnity payments commenced, calculated as follows: •  hourly rate x 2080 divided by 12 to a maximum of $2,400 2,650 Employees eligible for disability payments from government programs, which may reduce the level of L.T.D. coverage, must apply for these benefits.

LTD Plan. The Company will provide at no cost to Employees a long term disability plan which will take effect when an Employee has exhausted his coverage under the weekly indemnity insurance plan. A copy of the master policy will be made available to the Union. Benefits are paid from the point at which weekly indemnity benefits cease, should the same non-occupational accident or illness continue. Monthly benefit level will be 60% of the regular hourly rate at the date when indemnity payments commenced, calculated as follows: • hourly rate x 2080 divided by 12 to a maximum of $2,400 2,500 Employees eligible for disability payments from government programs, which may reduce the level of L.T.D. coverage, must apply for these benefits.

LTD Plan. The Company will provide at no cost to Employees a long term disability plan which will take effect when an Employee has exhausted his coverage under the weekly indemnity insurance plan. A copy of the master policy will be made available to the Union. Benefits are paid from the point at which weekly indemnity benefits cease, should the same non-non- occupational accident or illness continue. Monthly benefit level will be 60% of the regular hourly rate at the date when indemnity payments commenced, calculated as follows: • hourly rate x 2080 divided by 12 to a maximum of $2,400 2,500) Employees eligible for disability payments from government programs, which may reduce the level of L.T.D. coverage, must apply for these benefits.

LTD Plan. The Company will provide at no cost to Employees a long term disability plan which will take effect when an Employee has exhausted his coverage under the weekly indemnity insurance plan. A copy of the master policy will be made available to the Union. Benefits are paid from the point at which weekly indemnity benefits cease, should the same non-occupational accident or illness continue. Monthly benefit level will be 60% of the regular hourly rate at the date when indemnity payments commenced, calculated as follows: •  hourly rate x 2080 divided by 12 to a maximum of $2,400 2,550.00 (yr 2 - $2,600.00, yr3 - $2,650.00) Employees eligible for disability payments from government programs, which may reduce the level of L.T.D. coverage, must apply for these benefits.