Well.. no. If you are in training from the 1st to the 31, yes, but if you training splits two months, no.

Make sure to bid "Max Credit" the months you're in training, as PBS will assign you trips, then remove them (Shadow Bidding is what it's called) so someone can actually fly them. You'll get paid what you would of been able to hold. For example, if you are in training the 15-30th of month one, your pay from Qualification Training will be 0.50 * ALV= 36. The rest of the pay for the month will come from either trips you flew in your old category or pro-rated reserve guarantee. It's possible to get less than ALV or 70 hrs (if reserve) because you couldn't hold productive trips.