Common use of Payment of Disability Leave Benefits Clause in Contracts

Payment of Disability Leave Benefits. Disability leave benefits will be paid at seventy percent (70%) of the employee’s base rate of pay for the first six (6) months and fifty percent (50%) for the next twelve (12) months up to a lifetime maximum of thirty-six (36) months. For the purpose of determining disability leave benefits, an employee’s base rate of pay shall be determined as of the date the employee becomes disabled. Disability leave benefits are payable bi-weekly based on a pay period of 14 days. Disability leave benefits for any partial pay period remaining at the expiration of any period of disability accrue on an hourly basis, at a rate of eight (8) hours for each work day, and are payable at the expiration of the period of disability.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Payment of Disability Leave Benefits. Disability leave benefits will be paid at seventy percent (70%) of the employee’s base rate of pay for the first (1st) six (6) months and fifty percent (50%) for the next twelve (12) months up to a lifetime maximum of thirty-six (36) months. For the purpose of determining disability leave benefits, an employee’s base rate of pay shall be determined as of the date the employee becomes disabled. Disability leave benefits are payable bi-weekly based on a pay period of 14 fourteen (14) days. Disability leave benefits for any partial pay period remaining at the expiration of any period of disability accrue on an hourly basis, at a rate of eight (8) hours for each work dayworkday, and are payable at the expiration of the period of disability.

Appears in 1 contract

Samples: Bargaining Agreement

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