Weekly Earnings means your gross weekly 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.
Weekly Earnings means weekly 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.
Examples of Weekly Earnings in a sentence
A = Your Weekly Pre-disability Earnings.B = Your Current Weekly Earnings.
Weekly Earnings Address Reason for Leaving City State Zip If experienced, Type of Trailer Pulled Teleph1 ( ) Type Equip.
Current Earnings Your Weekly Earnings for each week you are Disabled.
While Disabled, your Weekly Earnings may result from working for the Policyholder or any other employer.
However, after further consultation and examination it turnsout that You have total loss of all sight in both eyes.How We settle Your claim• We pay up to 85% of Your Average Weekly Earnings (85% of $1,000 is $850)• You have been out of work for 7 weeks ($850 x 7 = $5,950)• We deduct the 14 days Excess Period ($5,950 - $1,700)• We pay You $4,250We then decide You qualify for the Capital Benefit as You have total loss of sight in both eyes.
More Definitions of Weekly Earnings
Weekly Earnings means your average gross weekly income as figured:
Weekly Earnings means the average contract salary determined from your employment contract with your Employer. The contract salary will be divided by the number of weeks you work annually, as defined by your Employer. 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, shift differential, overtime pay or any other extra compensation, or income received from sources other than your Employer.
Weekly Earnings means an employee's weekly earnings based on forty (40) times his straight time average rate for the forty (40) hours worked prior to the start of disability, excluding any overtime premium or shift bonus.
Weekly Earnings means your gross weekly income from us in effect just prior to your date of disability. See Summary of Benefits for a description of how weekly earnings are calculated. WHAT WILL WE USE FOR WEEKLY EARNINGS IF YOU BECOME DISABLED DURING A LAYOFF OR LEAVE OF ABSENCE?If you become disabled while you are on a layoff or leave of absence and are covered under this Plan, we will use your weekly earnings in effect just prior to the date your absence begins. WHAT BENEFIT WILL YOU RECEIVE IF YOU ARE WORKING AND DISABLED? We will send you the weekly payment if you are disabled and your weekly disability earnings, if any, are less than 20% of your weekly earnings. If you are disabled and your weekly disability earnings are from 20% through 80% of your weekly earnings, you will receive payments based on the percentage of income you are losing due to your disability. We will follow this process to figure your payment:
Weekly Earnings means your weekly income from services with your Employer which was last reported to GuideStone Financial Resources of the Southern Baptist Convention prior to the date of disability. It may include your total income just before taxes and before any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 403(b) annuity, Section 125 plan, or qualified transportation plan. It may include income actually received from bonuses, overtime pay, housing allowance or any other extra compensation, or income received from sources as last reported to GuideStone Financial Resources of the Southern Baptist Convention.
Weekly Earnings means, in the case of a day or shift worker, hours his regular rate: "Medical Practitioner" means registered physician or surgeon, registered dentist, or registered chiropractor.
Weekly Earnings means the bank member’s weekly rate of earnings not including any remuneration for special activities and other extra compensation.