Current earnings definition

Current earnings means earnings received by an obligor from any source:
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Current earnings means the participant’s earnings in the most recent complete annual earnings period, provided the partic- ipant was a participating employee for the full annual earnings period. If the participant was not a participating employee throughout the most recently ended annual earnings period, “cur- rent earnings” means the product of the participant’s hourly pay rate on the date of application, multiplied by the number of hours the participant would reasonably be expected to be employed as a participating employee during the current annual earnings period, assuming that the participant would continue to be employed for the remainder of the current annual earnings period.
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Current earnings means the participant’s earnings in the most recent complete annual earnings period provided the partici- pant was a participating employee for the full annual earnings period, or the product of the participant’s hourly pay rate on the date of application multiplied by the number of hours the partici- pant is expected to be employed as a participating employee dur- ing a full annual earnings period.
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Examples of Current earnings in a sentence

  • Current earnings include any wage or salary you earn for work performed while Disability Benefits are payable.

  • Current earnings are actual earnings for work reasonably related to the position for which the applicant is being considered.

  • Current earnings must be certified by the contractor on the SF 171, (see paragraph 6(b)(3) of this appendix).

  • Current earnings also means the monthly earnings You receive for work performed from another employer if You became employed after Your Disability began.

  • To qualify, one must meet an “insured status” test, i.e., a wage earner must have paid sufficient amounts into the Social Security trust fund.3 Both the wage earner and his or her dependents may be eligible for benefits.4 Current earnings will not affect the SSDI check amount, but may affect whether the person is considered disabled.5Medicare6 is most frequently associated with Social Security.

  • Current earnings also means the earnings You receive for work performed from another employer if You became employed after Your Disability began.

  • Empirical Results 4.1 Regression model We employ the following model to test the impact of book value and earnings on stock price: PPSit =  +  EPSit +  BVPSit +  where PPSit is the equity price per share, EPSit is earnings, BVPSit is the book value of equity, all on a per share basis, for firm i in period t.10 Current earnings measure is used because it represents the expected future earnings if the firm continues to apply the current business technology.

  • Current earnings means the member’s level of annual earnings at the effective date of a proportionate benefit calculation (or re-calculation).

  • The lysimeter sample chamber should be sufficiently large for the collection of the appropriate sample volume.

  • Current earnings feature in capitalisation only insofar as they alter the long-term earnings trend.


More Definitions of Current earnings

Current earnings means, at any particular time, the sum of the Participant's then current monthly Earnings plus 1/12th of the Participant's last MICP Award or MICP target incentive amount (as defined in MICP), whichever is greater.
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Current earnings in relation to any week means –
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Current earnings means Your Monthly Earnings for the month for which a Disability benefit is being claimed.
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Current earnings means for any Profit Sharing Period (i) with respect to a Profit Sharing Unit, the total of all Business Unit Increments for Business Units and all Project Increments for Projects within that Profit Sharing Unit for that Profit Sharing Period, and (ii) with respect to a Project, the total of all Project Increments for that Project for that Profit Sharing Period.
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Current earnings means revenues less operating expenses before all insurance assessments or corporate stabilization expenses.
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Related to Current earnings

  • Investment Earnings means, with respect to any Payment Date, the investment earnings (net of losses and investment expenses) on amounts on deposit in the Trust Accounts to be deposited into the Collection Account on such Payment Date pursuant to Section 5.01(b) of the Sale and Servicing Agreement.

  • Net Investment Earnings With respect to any Investment Account for any Collection Period, the amount, if any, by which the aggregate of all interest and other income realized during such Collection Period on funds held in such Investment Account, exceeds the aggregate of all losses and investment costs, if any, incurred during such Collection Period in connection with the investment of such funds in accordance with Section 3.06.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.