Covered Earnings definition

Covered Earnings means a Member's Compensation in the 12 months immediately preceding the onset of the Member's Disability.
Covered Earnings means a Member’s Compensation in the 12 months immediately preceding the onset of the Member’s Disability.
Covered Earnings means the worker’s or self-employed worker’s gross earnings during any quarter prior to March 6, 2017 and thereafter for new retirees ten thousand dollars (US$10,000), and is that amount of earnings upon which the worker, the worker’s employer and the self-employed worker makes contributions to the Administration pursuant to Sections 129 and 130 of this Chapter prior to March 6, 2017 and thereafter for new retires of then thousand (US$10,000).

Examples of Covered Earnings in a sentence

  • Thereafter, "Totally Disabled" shall mean such situation where the Employee is disabled in that his Injury or Sickness makes him unable to perform the material duties of any occupation for which he may reasonably become qualified based on education, training or experience; and solely due to such Injury or Sickness, he is unable to earn more than the percentage of his Indexed Covered Earnings (as that term is defined in the Employer's Long-Term Disability Summary Plan Description).

  • Covered Earnings is defined in Part 8.D. Income From Other Sources is defined in Part 8.E.

  • For Attorneys, under this Plan your Benefit equals (a) 60% of your Covered Earnings, reduced by (b) your Income From Other Sources, with a maximum benefit of seven thousand two hundred (7,200) dollars per month.

  • The combined Benefit and earnings from Rehabilitative Employment shall not exceed 100% of your Covered Earnings.

  • For all other Members, under this Plan your Benefit equals (a) 60% of your Covered Earnings, reduced by (b) your Income From Other Sources.


More Definitions of Covered Earnings

Covered Earnings means the worker’s or self employed worker’s gross earnings during any quarter subject to a maximum of five thousand dollars (US$5,000) and is that amount of earnings upon which workers, employers and self- employed workers make contributions to the Health Fund pursuant to Sections 216 and 217 of this Chapter. The five thousand dollars (US$5,000) shall be increased at a time as may be determined by the Board as appropriate.
Covered Earnings means the worker’s or self-employed worker’s gross earnings during any quarter and is that amount of earnings upon which the worker, the worker’s employer and the self-employed worker makes contributions to the Administration pursuant to Sections 129 and 130 of this Chapter.
Covered Earnings means the total annual compensation paid to an Employee for Service with the Employer and shall include basic salary, basic wages, overtime, shift differentials, commissions and bonuses.
Covered Earnings means gross salary not in excess of the maximum amount on which contributions were required. “Fiscal year” means a year commencing July 1 and ending June 30. “Credited service” means service while a contributing member plus additional
Covered Earnings means the Insured’s basic weekly salary received from you on first of the month just before the date of Disability. Covered Earnings do not include overtime pay, bonuses, benefits, your contributions toward benefits, or any other special compensation. However, Covered Earnings will include commissions received from you averaged over the lesser of:
Covered Earnings means the worker’s or self-employed worker’s gross earnings during any quarter subject to a maximum of five thousand dollars (US $5,000) and is that amount of earnings upon which the worker, the worker’s employer and the self-employed worker makes contributions to the Administration pursuant to Sections 129 and 130 of this Chapter. The maximum of five thousand dollars (US $5,000) may be increased by the Board pursuant to Section 147 of this Chapter.
Covered Earnings means the worker’s or self-employed worker’s