Duration of Benefit definition

Duration of Benefit until retirement or as otherwise provided. Benefit Effective: upon expiration of Short Term Salary Indemnity coverage.
Duration of Benefit. Benefits shall cease upon the occurrence of any one of the following:
Duration of Benefit. Benefits shall cease upon the occurrence of any one of the following: On the date the employee ceases to be disabled. Date the employee retires. At death.

Examples of Duration of Benefit in a sentence

  • For example:Pneumonia Qualifying Diagnosis:• Chest x-ray confirmation of a new pulmonary infiltrateOR TWO or more of the following:• Fever >100.4 (oral)• Blood Oxygen saturation level < 90% on room air or on usual O2 settings in patients with chronic oxygen requirements.• Respiratory rate above 30/minute • Duration of Benefit: As indicated in Appendix A, there is a specific duration of the benefit for each of the six conditions.

  • Duration of Benefit Child benefits are paid until the eligible child reaches age 25, unless the child is disabled, as described below .If your child is disabled before age 25, he or she will receive the child benefit for life regardless of how old he or she is at the time of your death .

  • The Employer shall provide a Short-Term Disability Plan as follows: Eligibility: From date of employment Commencement of Disability Benefits: From 1st day of disability Maximum Duration of Benefit Payment: 26 weeks Type of Sick Leave Credits: Non-cumulative Basis of Entitlement: Per illness or accident.

  • Information about the Proposed Employee’s Public BenefitAmount and Duration of Benefit.

  • Duration of Benefit Injury Benefit is paid for each day (excluding Sunday) as long as incapacity for work continues, subject to a maximum period of twenty-six (26) weeks in any continuous period of incapacity.

  • Duration of Benefit Disability pensions are paid until age 65 (when they are converted automatically to a retire- ment pension), until recovery from the disability or death.

  • Coverage Amount n/a Elimination Period n/a Cost sharing n/a Duration of Benefit n/a Cost Sharing n/a 6.

  • Employees who have been in continuous full-time employment with the Company for five years and who have exhausted benefits under the Basic Income Maintenance Plan shall be eligible for the following benefits: Amount and Duration of Benefit Weekly payments will be 100% of the employee's normal weekly pay at the time of layoff.

  • Retirement Date Maximum Contribution Duration of Benefit 7/1/15 - 6/30/21 $7,266 7 yrs.

  • Contribution Payment Record۶ to ٢۴ months٢۵ to ١٢٠ months١٢١ to ١٨٠ months١٨١ to ٢۴٠ months٢۴١ months and moreMaximum Duration of Benefit Payment Including the Previous PeriodsSingle Married or dependents۶ months ١٢ months١٢ months ١٨ months١٨ months ٢۶ months٢۶ months ٣۶ months٣۶ months ۵٠ months These periods of receiving unemployment benefits shall apply for both the experimental and permanent implementation of the Unemployment Law.

Related to Duration of Benefit

  • Coordination of Benefits or “COB” means a provision establishing an order in which plans pay their claims, and permitting secondary plans to reduce their benefits so that the combined benefits of all plans do not exceed total allowable expenses.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Assignment of Benefits means an arrangement whereby the Plan Participant assigns their right to seek and receive payment of eligible Plan benefits, in strict accordance with the terms of this Plan Document, to a Provider. If a provider accepts said arrangement, Providers’ rights to receive Plan benefits are equal to those of a Plan Participant, and are limited by the terms of this Plan Document. A Provider that accepts this arrangement indicates acceptance of an “Assignment of Benefits” as consideration in full for services, supplies, and/or treatment rendered.

  • Annuity Benefit means a benefit payable by us as described in Part VII.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Termination Benefit means the benefit set forth in Article 7.

  • Schedule of Benefits means the section of this policy which shows, among other things, the Eligibility Requirements, Eligibility Waiting Period, Elimination Period, Amount of Insurance, Minimum Benefit, and Maximum Benefit Period.

  • Disability Benefit means the benefit set forth in Article 8.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Accrued Benefit have the meanings specified in ERISA.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Adoption Agreement means the written agreement pursuant to which the Employer adopts the Plan. The Adoption Agreement is a part of the Plan as applied to the Employer.

  • SERP Benefit means the benefit described in Section 5.1.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Optional Deferral Provision means, as to any Qualifying Capital Securities, a provision in the terms thereof or of the related transaction agreements to the effect that:

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.

  • Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.