Guaranteed Income means Income that the Volunteer can prove or substantiate.

Guaranteed Income means Income that the Employee can prove or substantiate.

Guaranteed Income. Some contracts include "guaranteed income and work hours" or a “work‐income agreement" that provide a minimum guarantee for hours and base salary or a maintenance of previous earnings with the onset of new technology (See DOL (1949) analysis, p.48‐49; also see the technology transition plan section below). • Transition wages and benefits: Another type of clause sets up a schedule for pay changes associated to transfer to lower wage positions (See the Reassignment Pay Protection Plan in 2015 CWA‐BellSouth contract, p.111‐124; 2015 CWA‐ATT contract, p.69‐70).

Examples of Guaranteed Income in a sentence

If during the Access Period the payment of the Guaranteed Income Benefit reduces the Account Value to zero, the Access Period will end and the Lifetime Income Period, if any, will begin on the Valuation Date the Account Value equals zero.
Each subsequent Periodic Income Payment during the Lifetime Income Period, if any, will be equal to the Guaranteed Income Benefit.
During the Lifetime Income Period, if a Periodic Income Payment as determined above is less than the Guaranteed Income Benefit, the excess of the Guaranteed Income Benefit over the Periodic Income Payment will reduce the number of Annuity Units per Variable Subaccount payable in each subsequent Periodic Income Payment.
During the Access Period, this will result in an amount no less than the Guaranteed Income Benefit amount being paid from the Account Value, which may result in a lower Account Value than otherwise would be available in the absence of the Guaranteed Income Benefit Option.
The Guaranteed Income Benefit Option may be terminated by the Owner.

More Definitions of Guaranteed Income

Guaranteed Income means unconditional monetary payments issued monthly with the intention of ensuring the economic security of recipients.

Guaranteed Income means an amount which depends on the combination of chosen Premium Payment Term and Policy Term and shall commence as below:

Guaranteed Income means the Net Income advanced and guaranteed to Physician.

Guaranteed Income means 25% of the Sum Assured on Maturity in case the Schedule specified Income + Lumpsum as the Plan Option.

Guaranteed Income means a fixed income, calculated as a fixed percentage of the Sum Assured on Maturity (as per rates specified in Appendix-A to this Policy), payable during the Guarantee Period as per the frequency chosen by You, subject to provisions of Clause 1.2 of Part C;

Guaranteed Income means an amount which is equal to;

Guaranteed Income means the amount of unconditionally guaranteed third party revenue or income included in the Base Case and shown as payable by the Service Provider to the Authority;