Examples of LTD Waiting Period in a sentence
The City shall provide Short-term (STD) and Long-term (LTD) disability insurance to all regular full time employees with the following provisions: Weekly Benefit 66.67% gross weekly wages Maximum Benefit $10,000/month Minimum Benefit $15 (STD) and $100 (LTD) Waiting Period 30 Calendar Days (STD) 180 Calendar Days (LTD) Employees shall not be required to exhaust accrued paid leaves prior to receiving benefits under the disability insurance program.
However, the LTD Plan makes clear that the 180 day LTD Waiting Period is co-extensive with the maximum 180 day STD period of benefits, and that the Claims Administrator must first determine disability in the context of an STD claim.
The LTD portion of the Plan provides the following definition of “disabled”:As a result of a Medical Condition, you are unable to perform with reasonable continuity the Material Duties of your Own Occupation (during the LTD Waiting Period and the initial 24 months of LTD Benefits) or Any Occupation (after the initial 24 months of LTD Benefits) and are unable to earn more than a specified percentage of your Predisability Earnings .
When Short Term Disability benefits have been exhausted and an employee is unable to return to work, the Company will provide a Long Term Disability (LTD) Waiting Period for up to 180 days following the employee’s original date of disability.
During the LTD Waiting Period, employees will receive accredited service, seniority and benefits provided to active employees.
During the LTD Waiting Period, employees will receive benefits provided to active employees, accredited service, and seniority.
Such LTD Waiting Period will only be provided when:the employee has been approved for disability beyond the length of Short Term Disability benefits available under this Article 8; and,the employee has applied for Long Term Disability Benefits provided under Article 7 of the MIFA #1 Agreement and/or the Supplemental LTD MOA.
The City shall provide disability insurance to all regular full time employees with the following provisions: Weekly Benefit 66.67% gross weekly wages Maximum Benefit $10,000/month Minimum Benefit $15 (STD) and $100 (LTD) Waiting Period 30 Calendar Days (STD) 180 Calendar Days (LTD) Employees shall not be required to exhaust accrued paid leaves prior to receiving benefits under the disability insurance program.
The City shall provide Short-term (STD) and Long-term (LTD) disability insurance to regular full-time employees with the following provisions: Weekly Benefit 66.67% gross weekly wages Maximum Benefit $10,000/month Minimum Benefit $15 (STD) and $100 (LTD) Waiting Period 30 Calendar Days (STD) 180 Calendar Days (LTD) Employees shall not be required to exhaust accrued paid leaves prior to receiving benefits under the disability insurance program.