Monthly Earnings definition

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.

Monthly Earnings means, in the case of a day or shift worker, 173 x his regular hourly rate.

Monthly Earnings means, in the case of a day or shift worker, x his regular hourly rate.

Examples of Monthly Earnings in a sentence

• MONTHLY BENEFIT The Maximum Monthly Benefit of $2,000, as elected in increments of $100, not to exceed 70% of the Person’s Basic Monthly Earnings.

• The Work Transition Period will begin the first month that your Monthly Earnings While Disabled are more than 20% of your Increasing Monthly Wage Base and will end after 12 consecutive months.

• If the Person is paid his annual gross income in less than 12 months, the Basic Monthly Earnings shall equal 1/12 of the annual gross income.

• If the answer in Item 4 above is less than or equal to 100% of Your Indexed Monthly Earnings, Your Monthly Benefit Payment will be Your Gross Monthly Benefit minus any Deductible Sources of Income.

• If the answer in Item 4 above is greater than 100% of Your Indexed Monthly Earnings, We will use the following process to calculate Your Monthly Benefit Payment.

More Definitions of Monthly Earnings

Monthly Earnings means your average gross monthly income as figured:

Monthly Earnings means all Earnings received by you in the particular month for which you are claiming benefits under this policy. Owner means the owner of this policy, as shown on the Policy Data page, unless later changed as allowed under the GENERAL PROVISIONS section. The Owner is shown as “Policyowner” on application forms attached to this policy. Physician means any licensed medical professional, other than you, the Owner, a member of your or the Owner’s household, or any person related to you or the Owner by blood or marriage, who is practicing and diagnosing within the scope of his or her medical or professional license.

Monthly Earnings means 1/12th of your annual teacher's contract salary in effect just prior to your date of disability. Annual salary is 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.

Monthly Earnings means in a case of a day or shift worker, x his regular hourly rate.

Monthly Earnings means monthly gross Total Assessable Compensation, as defined under The Church Pension Fund Clergy Pension Plan (Clergy Pension Plan) but excluding one-time payments such as overtime and bonuses and income received from sources other than the Employer.

Monthly Earnings means, in the case of a day or shift worker, 173 x his regular hourly rates.

Monthly Earnings means the basic monthly rate of salary plus, where one exists, the market supplement in effect on the date disability leave commenced. When a subsequent period of Total Disability is considered as a continuation of the previous period of Total Disability, the Monthly Earnings shall be determined on the date the previous disability leave commenced.