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 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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Examples of Income Protection Plan in a sentence

  • 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.

  • 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.

  • 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.

  • 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.

  • An employee/member who leaves the Edmonton area while in receipt of Income Protection Plan benefits, Long Term Disability benefits, or Workers' Compensation benefits without obtaining prior approval from the City or the appropriate Plan Adjudicator shall not be entitled to receive such benefits for the whole of the period for which the employee is outside of the Edmonton area.

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 customized document that outlines the use and best management practices of the natural resources on a parcel of land.

  • 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.