Weekly Wage definition
Examples of Weekly Wage in a sentence
If the total payments to the Insured Person from all Other Plans exceed 100% of the Average Weekly Wage, then We will pay the Minimum Weekly Benefit Amount as shown in Section IV-C of the Schedule of Benefits.
The total payable in respect of Temporary Partial Disablement Benefit for an Insured Person shall not exceed 50% of Insured Person’s Weekly Wage.
The total payable in respect of Temporary Total Disablement Benefit for an Insured Person shall not exceed the Insured Person’s Weekly Wage.
Gross Weekly Wage For weekly paid Insured Persons this means the average weekly gross basic salary excluding payments for overtime, commission or bonuses for the thirteen weeks prior to sustaining accidental Bodily Injury.
If the total payments to the Insured Person from all Other Plans exceed 100% of the Average Weekly Wage, then We will pay the Minimum Weekly Benefit Amount (Total Disability) as shown in Section IV-D of the Schedule of Benefits.
Weekly Wage Schedules shall be rounded to the nearest half dollar.
Effective June 26, 2016 Basic Weekly Wage Rates will be increased 3.00% at the maximum rate, exponentialized with no change in the start rate.
Average Weekly Wage – the average of the employee’s weekly wage for the 14 weeks immediately prior to the accident.
The Union's Weekly Wage Indemnity Plan (1-8-39 plan providing seventy-five (75%) percent of earnings when unable to work due to sickness or accident) shall be made available to all regular and regular part-time employees.
Paid sick leave to include Wage Indemnity* Approved Leave [Maternity, Jury Duty, Bereavement Leave] exclusive of Sections and In the case of an employee receiving Weekly Wage Indemnity Benefits, the Employer will continue to remit Pension Benefit contributions on behalf of the employee.