Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.
Examples of Monthly Earnings in a sentence
For Total Disability resulting from Presumptive Disability, we will pay a Disability Benefit equal to the Basic Monthly Benefit regardless of your Monthly Earnings.
Loss Of Income means your Indexed Predisability Earnings minus your Monthly Earnings.
Examinations may include review of tax returns, financial statements, billing and expense information, bank statements, cancelled checks or other documents or records covering any period for which you claim to be Disabled, and any period needed to determine your prior Monthly Earnings.
More Definitions of Monthly Earnings
Monthly Earnings means your average gross monthly income as figured:
Monthly Earnings means all Earnings received by you in the particular month for which you are claiming benefits under this policy. Owner means the owner of this policy, as shown on the Policy Data page, unless later changed as allowed under the GENERAL PROVISIONS section. The Owner is shown as “Policyowner” on application forms attached to this policy. Physician means any licensed medical professional, other than you, the Owner, a member of your or the Owner’s household, or any person related to you or the Owner by blood or marriage, who is practicing and diagnosing within the scope of his or her medical or professional license.
Monthly Earnings means 1/12th of your annual teacher's contract salary in effect just prior to your date of disability. Annual salary is your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan, or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation, or income received from sources other than your Employer.
Monthly Earnings means your gross monthly income from services with your Employer which was last reported to GuideStone Financial Resources of the Southern Baptist Convention prior to the date of your disability. It may include your total income just before taxes and before any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 403(b) annuity, Section 125 plan, or qualified transportation plan. It may include income actually received from bonuses, overtime pay, housing allowance or any other extra compensation, or income received from sources as last reported to GuideStone Financial Resources of the Southern Baptist Convention.
Monthly Earnings means your average gross monthly income from your Employer for the lesser of the previous 12 month period just prior to your date of disability or the period of your employment with your Employer. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan, or flexible spending account. It does not include income received from commissions, bonuses, overtime pay, shift differential, any other extra compensation, or income received from sources other than your Employer.
Monthly Earnings means an employee’s gross monthly earnings in effect before a disability began and does not include commissions, bonuses, overtime, or other extra compensation paid by the College.