Supplementary payments from the Sample Clauses

Supplementary payments from the third year onwards in case of an occupational disability of less than 35% and for beneficiaries under the WGA scheme If you are (partly) incapacitated for work you will be paid: 1 with an occupational disability of less than 35%, a gradually decreasing supplement in the third, fourth and fifth year of occupational disability up to, respectively, 75% (3rd year), 50% (4th year) and 25% (5th year) of the annual income, multiplied by your disability percentage; 2 with a degree of disability between 35% and 80% or if the disability is between 80% and 100% but not permanent, a supplement of up to 70% of the annual income in respect of the disability degree up to the maximum daily wage until you reach the age of entitlement to old­age pension (AOW). If your annual income is more than the SV wage, you will be eligible for a supplementary payment in proportion to your degree of disability of: – 80% of your annual income, to the extent that this exceeds the SV wage. The portion of the income that exceeds the job final salary of salary scale 15 of the Model Salary System of this CLA is not taken into consideration, on the understanding that further provisions can be set up for this by each employer. This supplementary payment is not affected by formal continuation or discontinuation of employment. You can claim the above supplements subject to the understanding that you can never be paid more that if you were fully fit for work. As soon as your disability comes to an end, you will no longer be eligible for supplementary payments. If on commencing employment you have deliberately furnished incorrect or incomplete information regarding your health – insofar as this is relevant to your carrying out the job you are not entitled to the supplementary payments referred to in this article.
Sample 1
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Supplementary payments from the third year onwards in case of an occupational disability of less than 35% and for beneficiaries under the WGA scheme If you are (partly) incapacitated for work you will be paid: 1 with an occupational disability of less than 35%, a gradually decreasing supplement in the third, fourth and fifth year of occupational disability up to, respectively, 75% (3rd year), 50% (4th year) and 25% (5th year) of the annual income, multiplied by your disability percentage; 2 with an occupational disability between 35% and 80% or 80% to 100% but not permanent, a supplement of up to 75% of the annual income in respect of the disability degree up to the maxi- mum daily wage during the wage related period. If you culpably use less than 50% of your remaining capacity you are not eligible for this supplement. If your annual income exceeds the maximum benefit entitlement threshold for WGA benefit and on the first day of your illness you have worked for your employer for at least five years, you are eligible for a supplementary payment in proportion to your occupational disability of: • 70% of the annual income, insofar as this exceeds the maximum WGA benefit entitlement threshold; • 80% of the annual income decreased by the amount of WGA benefit, if before 1 January 2017 you have reached the age of 57.5 years on the first day of your illness or you have 7.5 years or less left before reaching the age of entitlement to state retirement (AOW) pension on the first day of your illness. The portion of the income that exceeds the job final salary of salary scale 15 of the Model Salary System of this CLA is not taken into consideration, on the understanding that further provisions can be set up for this by each employer. This supplementary payment is not affected by formal continuation or discontinuation of employment. You can claim the above supplements subject to the understanding that you can never be paid more that if you were fully fit for work. As soon as the disability benefit expires you are no longer eligible for the supplementary payments.
Sample 1

Related to Supplementary payments from the

  • SUPPLEMENTARY PAYMENTS These Supplementary Payments are subject to the terms of the Principal Coverages and they do not increase the limit of liability stated for the principal coverages except: Claims and Defense Expense Coverage.

  • Payment of Supplementary Xxxx 10.7.1 SPD may raise a ("Supplementary Xxxx") for payment on account of:

  • SUPPLEMENTAL PAYMENTS Applicant shall make annual Supplemental Payments in an amount equal to, but not to exceed, the limit of the annual Supplemental Payment as set out Section 6.2 below, starting with the first complete or partial year of the Qualifying Time Period and accruing on January 1 of each year thereafter, and continuing through the third year following the end of the Tax Limitation Period.

  • SUPPLEMENTAL PAYMENT LIMITATION Notwithstanding the foregoing:

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • How Are Distributions from a Xxxxxxxxx Education Savings Account Taxed For Federal Income Tax Purposes? Amounts distributed are generally excludable from gross income if they do not exceed the beneficiary’s “qualified higher education expenses” for the year or are rolled over to another Xxxxxxxxx Education Savings Account according to the requirements of Section (4). “Qualified higher education expenses” generally include the cost of tuition, fees, books, supplies, and equipment for enrollment at (i) accredited post-secondary educational institutions offering credit toward a bachelor’s degree, an associate’s degree, a graduate-level or professional degree or another recognized post-secondary credential and (ii) certain vocational schools. In addition, room and board may be covered if the beneficiary is at least a “half-time” student. This amount may be reduced or eliminated by certain scholarships, qualified state tuition programs, HOPE, Lifetime Learning tax credits, proceeds of certain savings bonds, and other amounts paid on the beneficiary’s behalf as well as by any other deductions or credits taken for the same expenses. The definition of “qualified education expenses” includes expenses more frequently and directly related to elementary and secondary school education, including the purchase of computer technology or equipment or Internet access and related services. To the extent payments during the year exceed such amounts, they are partially taxable and partially non-taxable similar to payments received from an annuity. Any taxable portion of a distribution is generally subject to a 10% penalty tax in addition to income tax unless the distribution is (i) due to the death or disability of the beneficiary, (ii) made on account of a scholarship received by the beneficiary, or (iii) is made in a year in which the beneficiary elects the HOPE or Lifetime Learning credit and waives the exclusion from income of the Xxxxxxxxx Education Savings Account distribution. You may be allowed to take both the HOPE or Lifetime Learning credits while simultaneously taking distributions from Xxxxxxxxx Education Savings Accounts. However, you cannot claim a credit for the same educational expenses paid for through Xxxxxxxxx Education Savings Account distributions. To the extent a distribution is taxable, capital gains treatment does not apply to amounts distributed from the account. Similarly, the special five- and ten-year averaging rules for lump-sum distributions do not apply to distributions from a Xxxxxxxxx Education Savings Account. The taxable portion of any distribution is taxed as ordinary income. The IRS does not require withholding on distributions from Xxxxxxxxx Education Savings Accounts.

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Termination of use of supplementary card The basic cardmember is entitled at any time to terminate the use of any supplementary card, and the supplementary cardmember may terminate the use of his supplementary card, at any time in accordance with clause

  • Paying Electricity Charges pay for electricity and other utilities consumed in or relating to the Said Flat And Appurtenances.

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