Quarter of Coverage definition

Quarter of Coverage means a quarter in which:
Quarter of Coverage or “QC” is the basic unit of Social Security coverage used in determining a worker’s insured status. SSA will credit an individual with QCs based on his/her earnings covered under Social Security;
Quarter of Coverage means a quarter in which the individual has been paid $50 or more in wages in employment subject to this division or a quarter beginning after December 31, 1980, in which the individual has been credited with more than $100 of self-employment income, except that:

Examples of Quarter of Coverage in a sentence

  • The period of disability is not taken into consideration (see§ 404.320(a)).Appendix to Subpart B of Part 404— Quarter of Coverage Amounts for Calendar Years After 1978This appendix shows the amount deter- mined by the Commissioner that is needed for a quarter of coverage for each year after 1978 as explained in § 404.143.

  • The earnings needed to earn one Social Security Credit for a Quarter of Coverage is $1,160 (2013).

  • Agency personnel shall have the right to enter onto the property at any reasonable time to conduct field testing to verify the required level of radio coverage.

  • Any consultant submittals that do not meet the minimum requirements of the RFP shall not be eligible to continue to participate in the RFP process and shall receive a disqualification letter from the Deputy Village Manager or his/her designee.

  • Social Security Administration, Quarter of Coverage [2017] (table showing amount of earnings needed to earn quarters of coverage in previous years).

  • There were good links between the Department and a number of external agencies and these links resulted in good support for prisoners studying in the Department.

  • Quarter of Coverage AmountGeneralThe earnings required for a quarter of coverage in 2022 is $1,510.

  • See Amount of Earnings Needed to Earn One Quarter of Coverage, SOC.

  • Quarter of Coverage $1,260 $1,300 Social Security Disability Thresholds: Non-Blind Substantial Gainful Activity $1,130/mo.

  • Quarter of Coverage AmountGeneralThe earnings required for a quarter of coverage in 2021 is $1,470.


More Definitions of Quarter of Coverage

Quarter of Coverage. ’ means a period in which an
Quarter of Coverage. (QC) is the basic unit of social security coverage used in determining a worker's insured status. SSA will credit an individual with QCs based on his/her earnings or self-employed net profit covered under social security. Certain States require that an Applicant who is a Lawful Permanent Resident have 40 QCs or more in order to be eligible for Medicaid in that State. Those QCs can be earned by the Applicant themselves, a spouse or former spouse of the Applicant, if earned when married to the Applicant, or a parent of the Applicant, if earned while the Applicant was under age 18.
Quarter of Coverage means a quarter in which an employee contributor has been paid remuneration of not less than three hundred dollars ($300) subject to this chapter and payment has been reported under section 745.
Quarter of Coverage means a calendar quarter in which the individual has been paid not less than fifty dollars in wages. When the number of quarters specified in subdivision a is an odd number, for purposes of such subdivision such number must be reduced by one. In any case when an individual has been paid in a calendar year four thousand two hundred dollars or more in wages, each quarter of such year following the individual's first quarter of coverage must be deemed a quarter of coverage, excepting any quarter in such year in which such individual dies or becomes entitled to a primary insurance benefit and any quarter succeeding such quarter in which the individual died or becomes so entitled.
Quarter of Coverage means a calendar quarter during which payment of contributions is made based on wages for employment or self-employment determined under the applicable laws of the contracting country that is a party to this Agreement in which the quarters were earned;

Related to Quarter of Coverage

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Period of Cover means the duration of Your cover as stated in Your Policy Documents.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Outline of coverage means a summary that explains an accident and health insurance policy.

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Insurance Report means an insurance report in respect of the Insurances confirming that such Insurances are placed with such insurers, insurance companies and/or clubs in such amounts, against such risks and in such form as acceptable to the Agent (acting on the instructions from the Finance Parties) and comply with the requirements under Clause 26.3 (Insurance) and the GIEK Guarantee prepared by Bank Assure Insurance Services Inc., or such other reputable insurance advisor approved by the Agent, and dated on or about the date of this Agreement and addressed to, and capable of being relied upon by, the Finance Parties.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Asset Coverage means “asset coverage” of a class of senior security which is a stock, as defined for purposes of Section 18(h) of the 1940 Act as in effect on the date hereof, determined on the basis of values calculated as of a time within 48 hours (only including Business Days) next preceding the time of such determination.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • insurance period means a contribution period or an equivalent period;

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Levels of cover means cover is available for either hospital treatment, general treatment or combined hospital and general treatment.

  • Type of insurance means coverage afforded under the particular policy that is being placed.

  • Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $10,348,874. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.

  • Loss Payable Clauses means the provisions regulating the manner of payment of sums receivable under the Insurances which are to be incorporated in the relevant insurance document, such Loss Payable Clauses to be in the forms set out in paragraph 4 of this Schedule, or such other form as the Bank may from time to time agree in writing;

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Insurance Fee Rate With respect to each Mortgage Loan insured by an Insurance Policy paid for by the lender, the per annum rate specified in the Mortgage Loan Schedule.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Asset Coverage Cure Date means, with respect to the failure by the Fund to maintain Asset Coverage as of the close of business on a Business Day (as required by Section 2.4(a)), the date that is thirty (30) calendar days following such Business Day.