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Basic Weekly Earnings definition

Basic Weekly Earnings means the Covered Person's 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, commissions, overtime pay and extra compensation.
Basic Weekly Earnings means the Employee's weekly 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.
Basic Weekly Earnings means the Covered Person's 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, commissions, overtime pay, shift differential pay, stock options and stock bonuses,

Examples of Basic Weekly Earnings in a sentence

  • WEEKLY BENEFIT The Maximum Weekly Benefit of $2,000, as elected in increments of $100, not to exceed 70% of the Person’s Basic Weekly Earnings.

  • WEEKLY BENEFIT 60% of Basic Weekly Earnings not to exceed Maximum Weekly Benefit of $1,000.

  • The Basic Weekly Earnings or Pre-Disability Income will be adjusted for inflation on an annual basis from the date of Disability using the CPI-W or other comparable measurement.

  • The work incentive benefit will only be reduced, if the Weekly Benefit payable plus any earnings exceed 100% of the Employee's Basic Weekly Earnings.

  • To demand that Muslim entrepreneurs and employees take 145 days off per year would put pressure on Muslims to falter in their religious devotions—and in effect, to become Christians.


More Definitions of Basic Weekly Earnings

Basic Weekly Earnings means the Covered Person's 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 and extra compensation other than commissions. 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 Employer 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 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 the Covered Person's weekly rate of earnings based on their Target Total Compensation (annual base salary plus target commissions set for that year) from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, overtime pay, extra compensation, other than commissions.
Basic Weekly Earnings means the Covered Person's 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 the Covered Person's 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, commissions, overtime pay, income received from sources other than the Sponsor and extra compensation.
Basic Weekly Earnings means the Covered Person's gross 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, commissions, overtime pay and extra compensation other than shift differential pay.