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49. LONG-TERM DISABILITY <br />A Long -Term Disability Plan is provided to eligible employees who regularly work at least <br />30 hours per week. Schedule amount: 60% of Monthly Earnings subject to a maximum <br />amount of $5,000.00 per month. Employees must be employed for two (2) months to <br />qualify for coverage. Employees should consult the Summary Plan Description for details <br />regarding coverage and eligibility. A copy of this description will be provided to <br />employees and is available upon request. <br />50. LIFE INSURANCE <br />Life insurance is provided to each employee at a rate of Two and One Half times (2'/2) the <br />employee's annual salary, to a maximum of $85,000.00. Employees should consult the <br />Summary Plan Description for details regarding coverage and eligibility. A copy of this <br />description will be provided to employees and is available upon request. <br />51. SHORT TERM DISABILITY INSURANCE <br />A Short -Term Disability Plan is provided to eligible employees who regularly work at <br />least 30 hours per week. Scheduled benefit amount: 60% of weekly earnings subject to a <br />maximum amount of $1,000.00 per week. Employees may qualify for this benefit after a <br />fourteen day elimination period with a maximum coverage amount up to eleven weeks. <br />Employees should consult the Summary Plan Description ("SPD") for details regarding <br />coverage and eligibility. A copy of this SPD will be provided to employees and is <br />available upon request. <br />52. VISION INSURANCE <br />Eligible employees who regularly work at least 30 hours per week are eligible to enroll in <br />the Utilities' vison insurance plan. The monthly premium for vision coverage is the <br />responsibility of the employee. Employees should consult the Summary Plan Description <br />for details regarding coverage and eligibility. A copy of this description will be provided <br />to employees and is available upon request. <br />53. HOME COMPUTER LOAN POLICY <br />In an effort to encourage all employees to develop and improve their computer skills, <br />employees may purchase a home computer per the following guidelines. <br />1. The purchased computer and software shall be new, not reconditioned, not used. <br />2. The purchased computer shall be used in the employee's home. <br />3. Employee must provide a receipt reflecting the purchase of this computer. <br />4. The Utilities will provide an interest -free loan for the purchase of this computer up <br />to $1,200.00, for a term not to exceed 12 months. <br />54 <br />July 2024 <br />2313900 <br />119 <br />