Covered Earnings definition
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.