Examples of Basic Weekly Earnings in a sentence

Amount of Insurance: 60.00% of Basic Weekly Earnings not to exceed a Maximum Weekly Benefit of $1,000.00 less Other Income Benefits and Other Income Earnings as outlined in Section 4.
The work incentive benefit will only be reduced, if the Weekly Benefit payable plus any earnings exceed 100% of the Covered Person's Basic Weekly Earnings.
Work Incentive Calculation The work incentive benefit will be an amount equal to the Covered Person's Basic Weekly Earnings multiplied by the benefit percentage shown in the Schedule of Benefits, without any reductions from earnings.
To qualify for the Successive Periods of Disability benefit, the Covered Person must experience more than a 20% loss of Basic Weekly Earnings.
To be eligible to receive Partial Disability benefits, the Covered Person may be employed in his Own Job or another job, must satisfy the Elimination Period, and must be earning between 20.00% and 80.00% of his Basic Weekly Earnings.
If the combined total is more, the Weekly Benefit will be reduced by the excess amount so that the Weekly Benefit plus the Covered Person's earnings does not exceed 100% of his Basic Weekly Earnings.

More Definitions of Basic Weekly Earnings

Basic Weekly Earnings means your weekly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, overtime pay, fringe benefit or extra compensation other than on target commissions. On target Commissions will be averaged over the lesser of (a) the 12 month period prior to the date Disability begins; or (b) the period of employment.

Basic Weekly Earnings means the employee’s biweekly rate of earnings from the company in effect immediately prior to the date disability or partial disability begins. However, such earnings will not include bonuses, commissions, overtime pay, and extra compensation. Benefits are issued according to the Employee’s normal, biweekly pay cycle.

Basic Weekly Earnings means the Employees budgeted weekly rate of earnings as reported by the Company in effect immediately prior to the date Disability or Partial Disability begins. Earnings includes deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 Plan, Health Savings Account, or Flexible Spending Account. If the Employee is paid on an hourly basis, Basic Weekly Earnings will be based on the Employees hourly rate of pay, but will not exceed 40 hours per week.

Basic Weekly Earnings means the Insured's rate of earnings from the Policyholder in effect immediately prior to the date a claim begins. It does not include bonuses, overtime pay and other extra compensation other than commissions. Commissions will be averaged over the 12 month period prior to the date a claim begins.

Basic Weekly Earnings means your weekly rate of earnings from the Sponsor in effect immediately prior to the date Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

Basic Weekly Earnings means your earnings for the normal work week established by the Board of Trustees of the Pressmen Welfare Fund for your job classification, exclusive of bonus and overtime pay. Changes in amounts of insurance due to a change in your classification shall be effective on the first of the month following the date of the classification change. However, if you are not actively at work on the date the amounts of insurance would otherwise increase, the effective date of any increase will be deferred until the day you return to work.

net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;
Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.