Long-Term Disability (Employee Sample Clauses
The Long-Term Disability (Employee) clause defines the terms under which an employee is entitled to receive income replacement benefits if they become unable to work due to a qualifying disability that extends beyond a specified waiting period. Typically, this clause outlines eligibility requirements, the percentage of salary to be paid, the duration of benefits, and any exclusions or limitations, such as pre-existing conditions or coordination with other benefits. Its core practical function is to provide financial security for employees facing prolonged health issues, thereby protecting both the employee’s livelihood and the employer’s ability to manage workforce absences.
Long-Term Disability (Employee. Paid Plans)
a) All permanent Teachers shall participate in the long-term disability plan (LTD Plan) as a condition of employment, subject to the terms of the LTD plan.
b) The Board shall cooperate in the administration of the LTD Plan. It is understood that administration means that the Board will co-operate with the enrolment and deduction of premiums and provide available necessary data to the insurer, upon request. The Board will remit premiums collected to the carrier on behalf of the Teachers.
c) Where the plan administrator implements changes in the terms and conditions of the LTD Plan or the selection of an insurance carrier, the Board shall, for administrative purposes, be advised of changes at least thirty (30) days prior to the date the changes are to be implemented.
Long-Term Disability (Employee. Paid Plans)
a) All permanent Teachers, including Teachers who are on an approved leave of absence, are eligible and shall participate in the long-term disability plan (LTD Plan) as a condition of employment, subject to the terms of the LTD Plan.
b) The board shall cooperate in the administration of the LTD Plan. It is understood that administration means that the board will co-operate with the enrolment and deduction of premiums and provide available necessary data to the insurer, upon request. The board will remit premiums collected to the carrier on behalf of the Teachers.
c) Where the plan administrator implements changes in the terms and conditions of the LTD Plan or the selection of an insurance carrier, the board shall, for administrative purposes, be advised of changes at least thirty (30) days prior to the date the changes are to be implemented.
Long-Term Disability (Employee. Paid Plans)
Long-Term Disability (Employee. Effective June 1, 2004 the company will provide a long-term disability plan to all seniority employees that covers fifty percent (50%) of the employees base hourly pay rate for a standard scheduled week with a maximum benefit of $500/week. Payment commences following a twelve (12) month waiting period and is subject to the terms and conditions of the master contract.
Long-Term Disability (Employee. Paid Plans)
a) All permanent Teachers, including Teachers who are on an approved leave of absence, are eligible and shall participate in the long-term disability plan (LTD Plan) as a condition of employment, subject to the terms of the LTD plan.
b) The board shall cooperate in the administration of the LTD Plan. It is understood that administration means that the board will co-operate with the enrolment and deduction of premiums and provide available necessary data to the insurer, upon request. The board will remit premiums collected to the carrier on behalf of the Teachers.