Long-term Disability (LTD)

The Long-term Disability (LTD) benefit provides you with a percentage of your salary for the duration of your disability.

Long-term Disability coverage is mandatory. Two options are available:

· Option 1: an indemnity equivalent to 55% of the first $2,400 of your monthly salary, plus 40% of the following $2,100, plus 35% of the excess, rounded up to the next $1

· Option 2: an indemnity equivalent to 60% of the first $2,400 of your monthly salary, plus 48% of the following $2,100, plus 41% of the excess, rounded up to the next $1

The cost of this benefit is paid through payroll deductions.

Regardless of selected option, your indemnity is non-taxable and is indexed on January 1 of each year according to the consumer price index, up to 2% per year.

Salary : gross base salary excluding overtime pay, bonuses and other types of compensation.