Common use of SHORT TERM INCOME PROTECTION PLAN Clause in Contracts

SHORT TERM INCOME PROTECTION PLAN. (3) (i) Short term coverage will apply to disabilities lasting up to twenty-six (26) weeks and pay will be continued in accordance with the following (a) Employees shall be entitled to Short Term coverage as follows: From date of eligibility until completion of one year of service – 26 weeks at 66 2/3% pay. (b) All employees, who have completed at least one full year of service, shall accrue entitlement to short-term income protection at 100% of pay, in increments of working weeks, at the rate of one week of 100% benefit for each 12 month absence-free period. Completion of the 12 month periods will be measured on the basis of a rolling calendar beginning initially on the date of ratification (for all employees with at least one (1) year of service as of that date) and continuing subsequently from the date of return to work from each and every successive absence. For new employees, the rolling calendar will begin initially upon their completion of one (1) year of service from date of eligibility. (c) Employees hired before November 1, 1997 shall have previously accrued 100% entitlements frozen as existing on November 1. 1997. (d) Absences extending for a time frame beyond that for which accrued 100% weeks are available, are covered at 66 2/3% of pay. (e) An employee who is not present at work on becoming eligible, will commence coverage following his/her return to work. Where available, sick leave credits may be used to extend the payment of 100% weeks.