Covered Earnings definition

Covered Earnings means a Member's Compensation in the 12 months immediately preceding the onset of the Member's Disability.

Covered Earnings means a Member’s Compensation in the 12 months immediately preceding the onset of the Member’s Disability.

Covered Earnings means a Participant’s Base Salary multiplied by his or her Months of Participation during a Plan Year.

Examples of Covered Earnings in a sentence

• Covered Earnings are determined initially on the date an Employee applies for coverage.

• If, for any month during this period, the sum of your Disability Benefit, your current earnings and any additional Other Income Benefits exceed 100% of your Indexed Covered Earnings, your Disability Benefit will be reduced by the excess amount.

• Any increase in your Covered Earnings will not be effective during a period of continuous Disability.

• If the sum of your Disability Benefit, your current earnings and any additional Other Income Benefits exceed 80% of your monthly Indexed Covered Earnings, your Disability Benefit will be reduced by the excess amount.

• Any increase in an Employee's Covered Earnings will not be effective during a period of continuous Disability.

More Definitions of Covered Earnings

Covered Earnings means a Participant’s Base Salary multiplied by his or her Days of Participation during a Program Year.

Covered Earnings means the total annual compensation paid to an Employee for Service with the Employer and shall include basic salary, basic wages, overtime, shift differentials, commissions and bonuses.

Covered Earnings means the worker’s or self-employed worker’s gross earnings during any calendar quarter subject to the maximum taxable amount determined under the applicable laws of each contracting country that is a party to this Agreement and earned in that contracting country;

Covered Earnings means your basic weekly salary received from the employer on the day just before the date of Disability. Covered Earnings do not include commissions, overtime pay, bonuses, benefits, the employer’s contributions toward benefits, or any other special compensation.

Covered Earnings means the worker’s or self-employed worker’s gross earnings during any quarter prior to March 6, 2017 and thereafter for new retirees ten thousand dollars (US$10,000), and is that amount of earnings upon which the worker, the worker’s employer and the self-employed worker makes contributions to the Administration pursuant to Sections 129 and 130 of this Chapter prior to March 6, 2017 and thereafter for new retires of then thousand (US$10,000).

Covered Earnings means the Insured’s basic weekly salary received from you on first of the month just before the date of Disability. Covered Earnings do not include overtime pay, bonuses, benefits, your contributions toward benefits, or any other special compensation. However, Covered Earnings will include commissions received from you averaged over the lesser of:

Covered Earnings means the worker’s or self-employed worker’s gross earnings during any quarter subject to a maximum of five thousand dollars (US $5,000) and is that amount of earnings upon which the worker, the worker’s employer and the