Common use of Waiting Period and Benefits Clause in Contracts

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty (120) days, the employee shall receive a benefit equal to sixty – sixty-six point seven (66.7%)of the first $2250.00 of your basic monthly earnings, up to a maximum of two thousand five hundred dollars ($2,500.00) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his hourly pay rate as at the date of disability. The long term disability benefit payment shall be made so long as an employee remains totally disabled and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his continuous total disability.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty nineteen (120119) days, the employee shall receive a benefit equal to sixty – sixty-six point sixty seven percent (66.7%)of the first $2250.00 66.67%) of your basic monthly earnings, up to a maximum of two four thousand five hundred dollars ($2,500.004,500.00) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his hourly pay rate as at the date of disability. The long term disability benefit payment shall be made so long as an employee remains totally disabled for up to five (5) years and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his continuous total disability.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty five (1205) daysmonths, the employee shall receive a benefit equal to sixty – sixtytwo-six point seven thirds (66.7%)of the first $2250.00 2/3) of your basic monthly earnings, up to a maximum of two three thousand five hundred dollars ($2,500.003,500) per month, in accordance with the Plan which shall be filed with the Union. Effective November 30, 2010, the benefit amount received shall be increased annually by the same increase in the wage rate (received by regular employees). For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his their hourly pay rate as at the date of disability. The long long-term disability benefit payment shall be made so long as an employee remains totally disabled and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his their continuous total disability.

Appears in 2 contracts

Samples: www.bcnu.org, Collective Agreement

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty the later of six (1206) daysmonths, or exhaustion of the employee's sick leave bank, the employee shall receive a benefit equal to sixty – sixty-six point seven percent (66.7%)of the first $2250.00 60%) of your basic monthly earnings, up to a maximum of two thousand five fifteen hundred dollars ($2,500.001500.00) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s 's average monthly hours of work at their regular rate of pay for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by herhis/his her hourly pay rate as at the date of disability. The long term disability benefit payment shall be made for a maximum period of twenty-four (24) months so long as an employee remains totally disabled and shall cease on the date of the employee reaches age sixty-five (65), recovers, recovers or dies, or has received benefit payments for twenty-four (24) months, whichever occurs comes first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of herhis/his her continuous total disability.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty five (1205) daysmonths, the employee shall receive a benefit equal to sixty – sixtytwo-six point seven thirds (66.7%)of the first $2250.00 2/3) of your basic monthly earnings, up to a maximum of two three thousand five hundred dollars ($2,500.003,500) per month, in accordance with the Plan which shall be filed with the Union. Effective November 30, 2010, the benefit amount received shall be increased annually by the same increase in the wage rate (received by regular employees). For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his hourly pay rate as at the date of disability. The long long-term disability benefit payment shall be made so long as an employee remains totally disabled and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his continuous total disability.

Appears in 2 contracts

Samples: Collective Agreement, www.bcnu.org

Waiting Period and Benefits. In the event an employee, while enrolled enroled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty six (1206) daysmonths, the employee shall receive a benefit equal to sixty – sixtytwo-six point seven thirds (66.7%)of the first $2250.00 2/3) of your basic monthly earnings, up to a maximum of two thousand five fifteen hundred dollars ($2,500.001,500.00) per month, in accordance with the Plan which shall be filed with the Union. The fifteen hundred dollars ($1,500.00) shall be increased to two thousand dollars ($2,000.00) for disabilities which occur following the date of ratification (August 6, 1992). For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s 's average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by herhis/his her hourly pay rate as at the date of disability. The long term disability benefit payment shall be made so long as an employee remains totally disabled and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of herhis/his her continuous total disability.

Appears in 1 contract

Samples: Collective Agreement

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty (120) days, the employee shall receive a benefit equal to sixty – sixty-six point seven (66.7%)of 66.7%) of the first $2250.00 of your basic monthly earnings, up to a maximum of two thousand five hundred dollars ($2,500.00) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his their hourly pay rate as at the date of disability. The long term disability benefit payment shall be made so long as an employee remains totally disabled and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his their continuous total disability.

Appears in 1 contract

Samples: Collective Agreement

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Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty the later of six (1206) daysmonths, or exhaustion of the employee’s sick leave bank, the employee shall receive a benefit equal to sixty – sixty-six point seven percent (66.7%)of the first $2250.00 60%) of your basic monthly earnings, up to a maximum of two thousand five fifteen hundred dollars ($2,500.00) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work at their regular rate of pay for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by herhis/his her hourly pay rate as at the date of disability. The long term disability benefit payment shall be made for a maximum period of twenty-four (24) months so long as an employee remains totally disabled and shall cease on the date of the employee reaches reached age sixty-sixty- five (65), recovers, recovers or dies, or has received benefit payments for twenty-four (24) months, whichever occurs comes first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of herhis/his her continuous total disability.

Appears in 1 contract

Samples: Collective Agreement

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty (120) 119 days, the employee shall receive a benefit equal to sixty – sixty-six point six-point-sixty- seven percent (66.7%)of the first $2250.00 66.67%) of your basic monthly earnings, up to a maximum of two thousand five four-thousand-five-hundred dollars ($2,500.004,500) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his their hourly pay rate as at the date of disability. The long long-term disability benefit payment shall be made so long as an employee remains totally disabled for up to five years and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his their continuous total disability.

Appears in 1 contract

Samples: Collective Agreement

Waiting Period and Benefits. In the event an employee, while enrolled in this Plan, becomes totally disabled as a result of an accident or an illness then, after the employee has been totally disabled for one hundred and twenty (120) 119 days, the employee shall receive a benefit equal to sixty – sixty-six point sixty seven percent (66.7%)of the first $2250.00 66.67%) of your basic monthly earnings, up to a maximum of two four thousand five hundred dollars ($2,500.004,500.00) per month, in accordance with the Plan which shall be filed with the Union. For the purposes of the above, earnings shall mean basic monthly earnings as at the date of disability. Basic monthly earnings for regular part-time employees shall be calculated on the basis of the employee’s average monthly hours of work for the twelve (12) month period or such shorter period that the employee has been employed, prior to the date of disability, multiplied by her/his hourly pay rate as at the date of disability. The long term disability benefit payment shall be made so long as an employee remains totally disabled for up to five years and shall cease on the date of the employee reaches age sixty-five (65), recovers, or dies, whichever occurs first, or as of the date of failure to provide requested written proof, satisfactory to the Company, of her/his continuous total disability.

Appears in 1 contract

Samples: Collective Agreement

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