Common use of MONTHLY BENEFIT Clause in Contracts

MONTHLY BENEFIT. Your monthly benefit is equal to 66 2/3% of your normal monthly earnings which are defined as your base rate times the regular hours per week and excludes overtime pay. This amount is reduced by an income payable to you as a result of your disability from any of the following sources:

Appears in 9 contracts

Samples: Collective Bargaining Agreement, Collective Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

MONTHLY BENEFIT. Your The Employee’s monthly benefit is equal to 66 2/3% of your his/her normal monthly earnings which are is defined as your the Employee’s base rate times the regular hours per week and excludes overtime pay. This amount is reduced by an income payable to you the Employee as a result of your his/her disability from any of the following sources:

Appears in 6 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

MONTHLY BENEFIT. Your monthly benefit is equal to sixty-six and two thirds percent (66 2/3% 2/3 %) of your normal monthly earnings which are defined as your base rate times Standard Rate multiplied by the regular hours per week and excludes overtime pay. For Employees on twelve (12) hour shifts, the monthly benefit is equal to sixty-six and two thirds percent (66 2/3 %) of your monthly earnings which are defined as your Standard Rate multiplied by forty (40) hours per week and excludes overtime pay. This amount is reduced by an any income payable to you as a result of your disability from any of the following sources:

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

MONTHLY BENEFIT. Your monthly benefit is equal to 66 2/370% of your normal monthly earnings which are defined as your base rate times the regular x 40 hours per week and excludes overtime pay. This amount is reduced by an income payable to you as a result of your disability from any of the following sources:

Appears in 1 contract

Samples: Collective Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.