Income Protection Plan definition

Income Protection Plan or "IPP," when ---------------------- immediately preceded by "HP," means the HP Income Protection Plan for short-term and long-term disabilities which is offered through the HP Employee Benefits Organization Trust (or, where an employee works in a state that offers a statutory state disability plan, then "Income Protection Plan" refers to the alternative voluntary state disability plan offered under the Income Protection Plan). When immediately preceded by "Agilent," "Income Protection Plan" or "IPP" means the Income Protection Plan to be established by Agilent pursuant to Section 2.2 and Article VI that corresponds to the HP IPP Plan.
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Income Protection Plan means the combination of the municipality’s sick leave gratuity plan for employees and the weekly indemnity income protection plan (short-term disability) and the long-term income protection plan (long-term disability) as provided for by the Employer’s contract with an insurance company. The Employer is responsible for the provision of the sick leave gratuity plan, and for the arranging of a contract to provide benefits; but the final
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Income Protection Plan or "IPP" means the Income Protection Plan to be established by Agilent pursuant to Section 2.2 and Article VI that corresponds to the HP IPP Plan.
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Examples of Income Protection Plan in a sentence

  • In such cases, if the employee is subsequently approved for benefits under the Long Term Income Protection Plan, the employee will be reimbursed for any premiums paid directly by the employee.

  • The benefits commence six (6) months from the date that disability began, which shall include the period of payment under the terms of the Short Term Income Protection Plan.

  • Such employees shall not be eligible to receive benefits from the Income Protection Plan or the Long Term Disability Plan until the period of approved leave has expired.

  • Where a totally disabled employee is not eligible for the Long Term Income Protection Plan, the employee’s Supplementary Health and Hospital Insurance coverage shall continue so long as the employee is receiving benefits under the Short Term Sickness Plan or is using accumulated credits, or beyond that point, if the employee chooses to pay the full premium for continued coverage.

  • A probationary employee who has completed ninety (90) calendar days of continuous civic employment since the last date the employee commenced employment as a probationary employee with the City, or a permanent employee, shall be a member of the Income Protection Plan.

  • An employee who is promoted to a managerial position is eligible for long-term disability coverage only through the Income Protection Plan.

  • However, an employee who is absent from work on the date that they would have been eligible to participate in the Income Protection Plan shall not be eligible to participate in the Plan until they have returned to work for the City for a period of at least ten (10) consecutive days of work.

  • The insurance policy known as the Income Protection Plan presently in force for City employees shall be maintained.

  • Provision is included under the Short Term Income Protection Plan to "top up" awards from the Workers' Compensation Board from an Employee's cumulative sick leave plan credits to 100% of earnings.

  • The Union shall co-operate with the City in preventing false, fraudulent and excessive claims for Income Protection Plan.

Related to Income Protection Plan

  • Source Protection Plan means a drinking water source protection plan prepared under the Clean Water Act, 2006;

  • fall protection plan means a documented plan, which includes and provides for -

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Conservation Plan means a document that outlines how a project site will be managed using best management practices to avoid potential negative environmental impacts.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • 401(k) Plan shall have the meaning set forth in Section 6.3(a).

  • Classification plan means the orderly arrangement of positions within an agency into separate and distinct job families so that each job family will contain those positions which involve similar or comparable skills, duties and responsibilities [74:840 1.3].

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • risk management plan ’ means a risk management plan submitted to the Ad- ministrator by an owner or operator of a stationary source under subparagraph (B)(iii).

  • traditional communities means communities recognised in terms of section 3 of the Eastern Cape Traditional Leadership and Governance Act, 2005 (Act No. 4 of 2005).

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Reclamation plan means the operator's written proposal, as required and approved by the department, for reclamation of the land that will be disturbed. The proposal must include, to the extent practical at the time of application for an operating permit:

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.

  • Health benefits plan means a benefits plan which pays or

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Fire Protection means all aspects of fire safety including but not limited to fire prevention, firefighting or Fire Suppression, pre-fire planning, fire investigation, public education and information, training or other staff development;

  • Rehabilitation Plan means a written plan designed to enable the Employee to return to work. The Rehabilitation Plan will consist of one or more of the following phases:

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Pay Plan means the scale of wages as contained in the attached Appendix “A” and the rules governing its application, as per Article 12.