Not exact matches
The founder of a well - known PR company once told me his
payables are, on
average, 43
days late.
The number of units awarded is equal to the amount
payable with respect to a quarter divided by the
average over the last ten trading
days of the quarter of the
average of the high and low trading price for shares of the Company common stock on each
day in the ten -
day period.
Here is what you need to know about Income Replacement Benefits (IRB's): • IRB's are calculated at 70 % of your
average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7
days of your disability are not covered by IRB's • IRB's are
payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are
payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an established formula
Loyalty Addition except the last loyalty addition is a percentage of simple
average of fund values on the last
day of previous eight calendar quarters, before the policy anniversary in which the loyalty additions are
payable.
Loyalty Additions equal to 1 % * (
average fund value over the 1st
day of the last 24 policy months) are
payable on completion of specific durations, as applicable.