Common use of Benefits While on LTD Clause in Contracts

Benefits While on LTD. The Employer will set aside $4,000 for the purpose of benefits coverage for employees on LTD. The Union will receive a statement twice per year and shall meet within ten (10) days of receiving the statement in a Labour Management Committee with the Employer to review and discuss usage of these funds. The Labour Management Committee will be responsible for developing a protocol for use of these moneys. All employees who are currently on Long-Term Disability will have access to these funds.

Benefits While on LTD. The Employer will set aside $4,000 for the purpose of benefits coverage for employees Employees on LTD. The Union will receive a statement twice per year and shall meet within ten (10) days of receiving the statement in a Labour Management Committee with the Employer to review and discuss usage of these funds. The Labour Management Committee will be responsible for developing a protocol for use of these moneys. All employees Employees who are currently on Long-Term Disability will have access to these funds.