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48. LONG-TERM DISABILITY <br />A Long-Term Disability Plan is provided to eligible employees who regularly work at <br />least 30 hours per week. Schedule amount: 662/3% of Monthly Earnings subject to a <br />maximum amount of $5,000.00 per month. Employees must be employed for two (2) <br />months to qualify for coverage. Employees should consult the Summary Plan <br />Description for details regarding coverage and eligibility. A copy of this description will <br />be provided to employees and is available upon request. <br />49. LIFE INSURANCE <br />Life insurance is provided to each employee at a rate of Two and One Half times (2Y2) 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 />50. EDUCATIONAL ASSISTANCE <br />The Utility will provide financial assistance to eligible employees for pre-approved <br />courses that are job related, lead to ajob-related degree, or are within areas beneficial to <br />the Utility in its discretion and pursuant to this policy. This policy also covers education <br />required by aUtility-approved apprenticeship training program. <br />1. All full-time Utility employees with at least three months of continuous <br />employment are potentially eligible for reimbursement under this policy. <br />2. The Utility may pay up to 100% reimbursement of the costs for tuition, <br />registration, fees, books and course required materials after successful completion <br />of apre-approved course. Courses must be at accredited colleges, universities, or <br />vocational schools or be short courses conducted by recognized professional <br />training organizations. <br />3. A course may be approved if: <br />a) It is directly related to the employee's work for the Utility. <br />b) It is required by a program of study leading to a degree that is directly related <br />to the employee's work for the Utility. <br />c) It will improve the employee's work for the Utility. <br />4. This policy will not cover recreational or personal interest courses. <br />5. Prior to registration, the employee must have full approval for the course from <br />Utilities' management designated as having approval authority for such matters. <br />32 <br />