Earnings limit definition

Earnings limit means an amount equal to $6,573 for determinations made in the calendar year commencing on January 1, 1992, and for determinations made in subsequent calendar years, this amount shall be increased by the salary index for each subsequent year, ignoring fractions of the dollar.
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Examples of Earnings limit in a sentence

  • The highest number of weeks of total unemployment for which benefits are payable to any individual in a benefit year under a state employment security law.24.1(41) Earnings limit.

  • If the period for determining Total Earnings is a short plan year (i.e., shorter than 12 months), the annual Total Earnings limit is an amount equal to the otherwise applicable annual Total Earnings limit multiplied by the fraction, the numerator of which is the number of months in the short plan year, and the denominator of which is 12.

  • If a determination period consists of fewer than twelve (12) months, the annual Earnings limit is an amount equal to the otherwise applicable annual Earnings limit multiplied by the fraction, the numerator of which is the number of months in the short Plan Year and the denominator of which is twelve (12).

  • If Earnings for any prior determination period are takeninto account in determining a Participant’s allocations for the current Plan Year, the Earnings for such prior year are subject to the applicable annual Earnings limit in effect for that prior year.

  • Alternative measures have been put in place to help protectpoorer individuals but from the perspective of the Fund all members are now treated identically.Contributions Earnings limit (EL)£3,242 per month for 2007 and has risen to £3,646 per month in 2010Class 1 contributionsClass 1 contributions are required from everyone in the island between school leaving age and pension age who works for an employer for more than eight hours a week, with some exceptions.

  • All reasonable expenses incurred by the member at our request to assist in the investigation or defense of the claim or “suit”, including actual loss of earnings up to the per day Loss of Earnings limit applicable to the membership level of the member as shown in the Summary Of Protection Plan Benefits attached to this Protection Plan, because of time off from work.

  • Limit o f Liability For the purp ose o f this Endorsement, the Limit o f Liability is amended as f ollow s: Any loss o f Earnings, fees o r expens es resulting fro m an Extort ion o r Contingent Extort ioninvolving a Computer Violation o r the threat o f a Computer Violation is sub ject to a maximum$1,000,000 limit o f liability o r the Alternate Loss O f Earnings limit, whiche ver is lower , per InsuredEve nt.

  • To be entitled to SSP the employee must earn at least the equivalent of Class One National Insurance Lower Earnings limit.

  • Ceiling means the average Earnings limit during the last 3 years of plan membership.

  • To be eligible for additional spouse, partner or adoption pay (ASPAP) you must meet the following conditions:  have average earnings over a set period above a set amount which is at or above the Lower Earnings limit for National Insurance purposes which applies at during the eight weeks prior to the relevant week.

Related to Earnings limit

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Open Position means a Long Position or a Short Position which is not a Completed Transaction.

  • Per capita income means the average for the most recent three years for

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • NAV means net asset value.

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Earnings means, in relation to a Ship, all moneys whatsoever which are now, or later become, payable (actually or contingently) to the Borrower owning that Ship or the Security Trustee and which arise out of the use or operation of that Ship, including (but not limited to):