Monthly disability benefit definition

Monthly disability benefit means the monthly payments and accrual of service
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Monthly disability benefit means the monthly payments and accrual of service credit under Section 49-21-401.
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Monthly disability benefit means the monthly payments and accrual of service credit under Section 49-21-401 and health insurance reimbursements paid under Section [49-21-408] 49-21-407, or any combination of them.
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Examples of Monthly disability benefit in a sentence

  • Plan monthly payout * $1,654.73 Monthly disability benefit $4,116.39Actuarially calculated monthly payout -$1,654.73Disability benefit paid by FPPA $2,461.66*Based on Colorado Revised Statutes (31-31-803(7)(a), 31-31-808 and 31-31-804) and FPPA Rules and Regulations (section 403)Example is provided for illustrative purposes only.

  • Plan monthly payout * $1,654.73 Monthly disability benefit $4,116.39Actuarially calculated monthly payout -$1,654.73Disability benefit paid by FPPA $2,461.66*Based on Colorado Revised Statutes (31-31-803(7)(a), 31-31-808 and 31-31-804) and FPPA Rules and Regulations (section 403) Example is provided for illustrative purposes only.

  • Monthly disability benefit: of monthly earnings to a maximum benefit of reduced by other disability income and pension contributions.

  • UCA § 49‑21‑405 Monthly disability benefit payment exclusions must include participation in a war, self-inflicted injury, and felony convictions.


More Definitions of Monthly disability benefit

Monthly disability benefit means the total of the monthly mortgage repayment amount covered by the original mortgage drawdown plus, where relevant, the amount of any top up (subloan) or restructured loan and any monthly Insured Rental Payment, in respect of the eligible Borrower at date of Total Disability, excluding arrears/underpayment and interest on the arrears/underpayment; or such other amount which the Creditor has notified to the Company and which the Company, in writing, has agreed to pay to the Creditor. The monthly benefit paid by the Company must not be offset against the arrears.
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Related to Monthly disability benefit

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

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

  • Accrued Benefit have the meanings specified in ERISA.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

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

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

  • SERP Benefit means the benefit described in Section 5.1.

  • 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.

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

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

  • Retirement Age means the earlier to occur of the Participant attaining: (i) age 65 or more; or (ii) age 60 or more with at least 15 years of continuous Service, provided that the Participant has continuously remained in Service from the Award Date until the earlier to occur of (i) or (ii).

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

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

  • 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;

  • Disability retirement for plan 1 members, means the period

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • 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).

  • 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.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Retirement Eligibility means Employee’s attainment of 60 years of age and ten years of continuous employment with Corporation.

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

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

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.