Weekly Disability Benefits Sample Clauses

Weekly Disability Benefits. The Employer agrees to provide a Weekly Disability Benefit Plan as follows: The Employer agrees to make the necessary premium contributions to an insurance carrier to provide Weekly Disability Benefits as set out below for seniority employees subject to the provisions and maximums of insured services described in the Master Policy: - 1st day of disability due to injury - 1st day of hospitalization (out-patient care excluded) - out-patient coverage will be provided subject to the normal insurance company exclusions - 8th day of disability due to sickness - maximum period of coverage, 17 weeks - taxable benefit - weekly benefits to seventy percent (70%) of Employee's regular salary Disputes, if any, will be between the claimant and the insurance company. The Employer shall assist the Employee in the presentation of her dispute to the insurance company. The Employer cannot be held liable should the insurance company disallow or suspend a claim, or if the claimant fails to provide the required documentation, medical or otherwise, to support her claim. The Employer assumes no responsibility for any cost incurred by the claimant in obtaining the required documentation, medical or otherwise. In the event the Employer seeks and receives a U.I.C. rebate as a result of providing this benefit any applicable Employee share of the U.I.C. rebate received by the Employer will be used on half of the Employees to provide insurance coverage
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Weekly Disability Benefits. 28.1 An associate who has satisfactorily completed their probationary period and who is granted a leave of absence due to sickness or accident shall be eligible to receive sixty- six and two-thirds percent (66 2/3%) of their weekly base earnings per week for a period of twenty-six (26) weeks up to a $1000 maximum per week. 28.2 This benefit will be payable as of the first (1st) day of the associate's leave if the leave is due to a non-work related accident, and the benefit will be payable beginning as of eight (8) calendar days after the start of the leave if it is due to sickness. 28.3 Associates on medical leave of absences shall be eligible to receive weekly disability benefits for Company observed holidays which are celebrated during the sixth (6th) and successive workdays of their medical leave of absence, provided acceptable medical evidence is submitted to the Company. 28.4 The Company offers voluntary associate paid Long Term Disability Insurance at rates established by the corporation each year, with a benefit of sixty percent (60%) of monthly salary.
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Weekly Disability Benefits. If you are out of work due to a work-related disability, you should:
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Weekly Disability Benefits. (Active Employees Only)
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Weekly Disability Benefits. 28.1 An associate who has satisfactorily completed his probationary period and who is granted a leave of absence due to sickness or accident shall be eligible to receive sixty percent (60%) of his weekly base earnings per week for a period of twenty-six (26) weeks up to a maximum as follows: Year 1 - $450 Year 2 - $475 Year 3 - $500 28.2 This benefit will be payable as of the first (1st) day of the associate's leave if the leave is due to a non-work related accident, and the benefit will be payable beginning as of eight (8) calendar days after the start of the leave if it is due to sickness. 28.3 Associates on medical leave of absences shall be eligible to receive weekly disability benefits for Company observed holidays which are celebrated during the sixth (6th) and successive workdays of their medical leave of absence, provided acceptable medical evidence is submitted to the Company. The Company offers voluntary associate paid Long Term Disability Insurance at rates established by the corporation each year, with a benefit of sixty percent (60%) of monthly salary. For 2017, the cost will be $0.305 per $100 of monthly salary.
Sample 1
Weekly Disability Benefits. The Weekly Disability Benefits as set out below for employees is subject to the provisions and maximums of insured services described in the Master Policy: 1st day of disability due to injury day of hospitalization 8th day of disability due to sickness maximum period of coverage, weeks weekly benefits to sixty-six and two-thirds percent (66 of regular wages up to the maximum per week Outpatient coverage will be provided subject to normal insurance company exclusions, for the remaining term of this Agreement. The employee shall obtain his weekly indemnity claim form from the Company. The Company will complete the policyholder’s statement as required. The employee shall present the weekly indemnity claim form to his doctor for comple- tion and shall bear full responsibility for submitting the claim form to the insurance company. Payments will be issued directly to the employee.
Sample 1
Weekly Disability Benefits. The Company agrees to provide a Weekly Disability Benefit Plan as follows: The Company agrees to make the necessary premium contributions to an insurance carrier to provide Weekly Disability Benefits as set out below for seniority employees subject to the provisions and maximums of insured services described in the Master Policy: - 1st day of disability due to injury - 1st day of hospitalization (out patient care excluded) - out patient coverage will be provided subject to the normal insurance company exclusions - 8th day of disability due to sickness - maximum period of coverage, 17 weeks - taxable benefit - weekly benefits to seventy percent (70%) of Employee's regular salary Disputes, if any, will be between the claimant and the insurance company. The Company shall assist the Employee in the presentation of her dispute to the insurance company. The Company cannot be held liable should the insurance company disallow or suspend a claim, or if the claimant fails to provide the required documentation, medical or otherwise, to support her claim. The Company assumes no responsibility for any cost incurred by the claimant in obtaining the required documentation, medical or otherwise. In the event the Company seeks and receives a U.I.C. rebate as a result of providing this benefit any applicable Employee share of the U.I.C. rebate received by the Company will be used on half of the Employees to provide insurance coverage
Sample 1
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Related to Weekly Disability Benefits

  • Long Term Disability Benefit In the event an employee, while covered under this Plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Sections 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows: (a) while the employee has a time bank balance to be used on a day-for-day basis, full monthly earnings will continue until the time bank is exhausted, and Section 2.6 will not apply; (b) effective March 1, 2001, when an employee has no time bank, or after it is exhausted, the employee shall receive a monthly benefit equal to the sum of: (1) seventy-five percent (75%) of monthly earnings; (2) annual cost-of-living adjustment of the benefit equal to the consumer price index to a maximum of two percent (2%); (3) for the purpose of the above, earnings shall mean basic monthly earnings of the employee's classification. The date of disability for determining the commencement of the first two (2) years of disability shall be the day following the last month of the Short Term Plan period, or an equivalent seven (7) month period. (c) The Long Term Disability benefit payment will be made as long as an employee remains totally disabled in accordance with Section 2.3, and will cease on the date the employee recovers, or at the end of the month in which the employee reaches age sixty-five (65), or resigns or dies, whichever occurs first. (d) An employee in receipt of long term disability benefits will be considered an employee for purposes of pension and will continue to be covered by group life, extended health, dental and medical plans. Employees will not be covered by any other portion of a collective agreement but will retain the right of access to rehabilitative employment as per Article 12.1 and will retain seniority rights should they return to employment within six (6) months following cessation of benefits. (e) When an employee is in receipt of the benefit described in (b) above, contributions required for benefit plans in (d) above and contributions for pension plan will be waived by the Employer. (f) An employee engaged in rehabilitative employment with the Employer and who is receiving partial Long Term Disability benefit payments will have contributions required for benefit plans in (d) above and contributions for pension waived by the Employer, except that pension contributions shall be deducted from any salary received from the Employer to cover the period of rehabilitative employment.

  • Disability Benefits Technology Errors and Omissions Not less than $1,000,000 each claim Not less than $2,000,000 in aggregate At the time of the first transaction with an Authorized User and updated in accordance with Contract Crime Insurance Not less than $50,000 Commercial General Liability Not less than $5,000,000 each occurrence Updated in accordance with Contract General Aggregate $2,000,000 Products – Completed Operations Aggregate $2,000,000 Personal and Advertising Injury $1,000,000 Business Automobile Liability Insurance Not less than $5,000,000 each occurrence

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. In order to go on LTD, the person must: (a) Be off work for seventeen (17) consecutive weeks with the same or unrelated illness or injury. (b) Be off work for a total of seventeen (17) weeks with the same illness or injury providing that the return to work was less than twenty (20) consecutive days.

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Short Term Disability Benefits The Board shall provide short-term disability benefits as set forth in the short term disability summary plan description. 1. Rate of Benefits and Waiting Period Short term disability benefits for disabilities resulting from non-occupational illness or injury, shall be paid at the rate of 70% of the employee’s regular rate subject to all applicable deductions. Following the exhaustion of temporary leave, there is a five (5) day waiting period before short term disability benefits begin. The five (5) day waiting period will be waived for absences greater than thirty (30) consecutive calendar days and short term disability payments shall be paid retroactively. (See also Temporary Leave.)

  • By Disability If Executive becomes eligible for the Company’s long term disability benefits or if, in the sole opinion of the Company, Executive is unable to carry out the responsibilities and functions of the position held by Executive by reason of any physical or mental impairment for more than ninety consecutive days or more than one hundred and twenty days in any twelve-month period, then, to the extent permitted by law, the Company may terminate Executive’s employment. The Company shall pay to Executive all compensation to which Executive is entitled up through the date of termination, and thereafter all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect Executive’s rights under any disability plan in which Executive is a participant.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

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