Quarter of Coverage definition

Quarter of Coverage or “QC” is the basic unit of Social Security coverage used in determining a worker’s insured status. SSA will credit an individual with QCs based on his/her earnings covered under Social Security;
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Quarter of Coverage means a quarter in which:
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Quarter of Coverage means a calendar quarter during which payment of contributions is made based on wages for employment or self-employment determined under the applicable laws of the contracting country that is a party to this Agreement in which the quarters were earned;
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Examples of Quarter of Coverage in a sentence

  • The period of disability is not taken into consideration (see§ 404.320(a)).Appendix to Subpart B of Part 404— Quarter of Coverage Amounts for Calendar Years After 1978This appendix shows the amount deter- mined by the Commissioner that is needed for a quarter of coverage for each year after 1978 as explained in § 404.143.

  • The earnings needed to earn one Social Security Credit for a Quarter of Coverage is $1,160 (2013).

  • Social Security Administration, Quarter of Coverage [2017] (table showing amount of earnings needed to earn quarters of coverage in previous years).

  • PRODUCER’s response to the RFQ for Producer of Record are incorporated herein as if set out at length.C. COMPLIANCE WITH LAWS: The parties hereto and their employees, Producers and agents shall comply with all applicable federal, state and local laws and ordinances in carrying out the provisions of this agreement.

  • In the event contributions received by the Plan are less on a per hour basis than the Dollar Bank Account Allocation Rate during the nine (9) or fewer consecutive month period in which the Member works 800 Hours, the Member must self-contribute the difference between the amount received by the Plan from Contractor contributions (directly or through reciprocity) and the cost of coverage as determined by the Trustees to continue participation beyond the first Calendar Quarter of Coverage.

  • SSA, Quarter of Coverage information; https://www.ssa.gov/oact/cola/QC.html.All state and local income taxes allocable to business income should be deductible for adjusted gross income (AGI) (existing AICPA position).

  • Quarter of Coverage AmountGeneralThe earnings required for a quarter of coverage in 2022 is $1,510.

  • Quarter of Coverage AmountGeneralThe earnings required for a quarter of coverage in 2021 is $1,470.

  • Quarter of Coverage AmountGeneralThe amount of earnings required for a quarter of coverage in 2009 is $1,090.

  • Quarter of Coverage AmountGeneralThe earnings required for a quarter of coverage in 2023 is $1,640.


More Definitions of Quarter of Coverage

Quarter of Coverage means a calendar quarter in which the individual has been paid not less than fifty dollars in wages. When the number of quarters specified in subdivision a is an odd number, for purposes of such subdivision such number must be reduced by one. In any case when an individual has been paid in a calendar year four thousand two hundred dollars or more in wages, each quarter of such year following the individual's first quarter of coverage must be deemed a quarter of coverage, excepting any quarter in such year in which such individual dies or becomes entitled to a primary insurance benefit and any quarter succeeding such quarter in which the individual died or becomes so entitled.
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Quarter of Coverage. (QC) is the basic unit of social security coverage used in determining a worker's insured status. SSA will credit an individual with QCs based on his/her earnings or self-employed net profit covered under social security. Certain States require that an Applicant who is a Lawful Permanent Resident have 40 QCs or more in order to be eligible for Medicaid in that State. Those QCs can be earned by the Applicant themselves, a spouse or former spouse of the Applicant, if earned when married to the Applicant, or a parent of the Applicant, if earned while the Applicant was under age 18.
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Quarter of Coverage means a quarter in which an employee contributor has been paid remuneration of not less than three hundred dollars ($300) subject to this chapter and payment has been reported under section 745.
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Quarter of Coverage. ’ means a period in which an
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Quarter of Coverage means a quarter in which the individual has been paid $50 or more in wages in employment subject to this division or a quarter beginning after December 31, 1980, in which the individual has been credited with more than $100 of self-employment income, except that:
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Related to Quarter of Coverage

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Outline of coverage means a summary that explains an accident and health insurance policy.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.