UNI pays employer share for duration of Phasing period. Employee may retain coverage but is responsible for full premium. Employee pays premium until age 70. Long Term Disability Coverage ends at retirement. Benefit based on full time budgeted salary level during Phasing period.
Coverage ends at retirement.
No further contributions from employee. No payout until full retirement. Vacation Payout Employee eligible to receive payout of all unused accrued vacation. No payout until full retirement. Employee eligible to receive payout of all unused accrued vacation.