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[64] > Image [64] of Minutes of the University of Kentucky Board of Trustees, 1967-09-sep19.

Part of Minutes of the University of Kentucky Board of Trustees

Exhibit #2 uIflVERSITY 0?F CL KENTUC.-Cfy Supplemental Benefits to TIAA Long Term Total Disability Plan 1. When an insured individual suffers an injury or illness resulting in a Total. Disability cond.ition as dofined, the University shall pay the ev.ployee's basic regular full monthly salary for the initial six (6) moonth period of the disability. a) This benefit ocriod w ill not be charged against any accumulated shor t-term Sick Leava Days that the Individual may have acquired under that program. 2. Upon completion of the initial six (6) month waiting period under the insured plan, the University will supplement the benefits paid by the insured plan by an amount that will produce a benefit equal to the employee's basic regular full monthly pay for a maximum period of one (1) year. 3. During the twelve (12) months of Total Disability following the initial twelve (12) month period under the insured plan, the University will supplement the benefits paid by the insured plan by an amount that will oroduce a benefit equal to 90% of the employee's basic regular full monthly pay. 4. During the twelve (12) months of Total Disability following the second twelve (12) month period under the insured plan, the University will supplement the benefits paid by tihe insured plan by an amount that will produce a benefit equal to SO% oft:o the employee's basic regular full monthly pay. 5. Upon completion of these Supplemental Benefit Periods (a total of three (3) years under the insured portion of the plan), ti.r-a-a-ter the employee's only total disability benefit will be as determined by the formula outlined in the insured plan.