Common use of SICKNESS BENEFIT Clause in Contracts

SICKNESS BENEFIT. In the event of absence due to illness, the Company will pay sick pay to the Employee in accordance with the Swedish Sick Pay Act (Sw. lagen (1991:1047) om sjuklön) and in addition the following will apply: Additional Sick Pay: Income Bracket: 0-8 PBA ≥ 8 PBA Sick days 15 to 90: 10% 90% PBA: Price Base Amount (2022: 48,300 SEK) On successful completion of a medical examination the Employee’s Long Term Disability benefits will be 50% of his base salary that includes relief paid from your social security. Should the Employee’s medical examination not be successful he will revert to his current Long Term Disability plan, as stated below: Long Term Disability: Income Bracket: 0-8 PBA 8 PBA - 20 IBA 20 IBA - 30 IBA Sick days 91 to 360 10% 65% 32.50% Sick day 361 onwards: 0% 65% 32.50% If activity or sickness compensation 15% 65% 32.50% PBA: Price Base Amount (2022: 48,300 SEK) IBA: Income Base Amount (2022: 71,000 SEK