Each weekly payment received on behalf of an Insured Person is referred to as a Contribution. Each such contribution is converted to a Credit. Thus, an Insured Person who worked for an entire month is entitled to 4 or 5 Credits depending on the number of Mondays in that month. By extension, the entitlement for an entire year is 52 or 53 Credits, depending on the number of Mondays in the year.

The number of Credits an Insured Person has recorded against his number determines:

• Whether or not he will qualify for benefit.
• What percentage of his earnings he will receive as his pension.