The plan contains the following provisions:
|Waiting period (Elimination Period)||Later of 110 working days or expiration of sick leave|
|Benefit level||50% of gross salary|
|Monthly benefit maximum||Based on maximum annual salary of $150,000|
|Cost of living allowance (COLA)||Annual CPI increase to a maximum of 2% after 2 years|
|Canada Pension Plan offset||Primary (offsets claimant benefit only)|
|All source maximum||100% of net earnings|
|Termination||On the earliest of the following dates, less the length of the waiting period:
Additional services provided by CAREpath, FeelingBetterNow®, and Posaction Plus are part of the provincial LTD plan design for TBU members.
If you have any questions regarding the new provincial LTD plan design or the changes to your coverage, please contact your Executive Officer at OSSTF Toronto. (416)-393-8900.