Common use of TAXABILITY OF BENEFITS Clause in Contracts

TAXABILITY OF BENEFITS. Because the premiums are paid by the Corporation/Region, all benefit payments from the Plan during a period of disability are considered as taxable income.

Appears in 8 contracts

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

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TAXABILITY OF BENEFITS. Because the premiums are paid by the Corporation/RegionEmployer, all benefit payments from the Plan plan during a period of disability are considered as taxable income.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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