Sentences with phrase «benefit payments»

Death benefit payments for your beneficiaries may be dramatically reduced because of your age.

Depending on your policy, you may be eligible to receive benefit payments for up to 26 weeks if deemed to be disabled.

The 401 (k) plans, unlike traditional pensions, do not guarantee a specific amount of benefit payments.

Those affected by the increase will see the increase in monthly benefit payments in 2013.

Having a policy with a level benefit simply means you are entitled to a full death benefit payment from the day you're approved.

Such participants can receive benefit payments from the plan once they reach the plan's normal retirement age or, if the plan allows, the plan's early retirement age.

Critics have pointed out that the changes could still cost the State, because many public sector workers would have to rely on benefit payments to top up their pensions.

Public school teachers who stay on the job for 25 or 30 years count on retiring in relative security, with monthly benefit payments until death.

The plan sponsor of an ongoing plan is responsible for maintaining the plan and making benefit payments.

Because the risk of insuring these individuals is lower, term life offers a much higher death benefit payment at a much more affordable monthly premium.

This plan is designed to satisfy the academic and other wishes of growing kids via annual survival benefit payments for 20 to 24 years and maturity benefit at the age of 25 years.

The rider allows you to receive long - term care benefit payments to help you pay for long - term care services.

Then the rest of the earnings will be deducted from your eligible weekly benefit amount and that determines your partial unemployment benefits payment.

All other delays of reporting beyond 72 hours will result in reduced benefit payments.

Other forms of payments that are commonly made by direct deposit are annuity and social security benefit payments.

Most of the individual disability insurance that we write is structured to provide disability benefit payments to age 65 or 67 (or in some cases, age 70).

The restrictions will see housing benefit payments for new claimants capped at a level no higher than the lowest 30 per cent of local rents.

With multiple plan options and benefit payment preferences, this plan fulfills your child's immediate and future dreams.

At a young age, you can secure a large death benefit payment amount for a relatively premium payments.

Critical illness insurance pays a lump sum benefit payment if you are diagnosed with a qualifying critical illness.

For example, military payroll and many government benefits payments are typically available for viewing at least one day prior to posting to your account.

With a term life insurance plan, your beneficiaries will receive a death benefit payment if you die while your policy is in force.

Usually the surviving spouse for purposes of a pension plan is the individual to whom the participant was married when benefit payments began.

Provided exceptional customer service by interacting with public face - to - face or by telephone to provide benefit payment amounts.

This type of coverage is geared to providing quick benefit payments so that beneficiaries can pay an insured's final expenses such as funeral services, burial costs, and other related debt obligations.

In 2014, members aged under 55 years reported the lowest average benefit payments of $ 35,000, a shift from members in the 55 - 59 age range in 2010 to 2013.

You'll continue receiving benefits payments until your disability improves or you're able to return to work.

There are several benefit payment options including a lump - sum payment or scheduled payments over the course of two, three or five years.

When you purchase paid up life insurance, you pay a certain amount of cash up front to secure that your life insurance beneficiaries will receive a certain death benefit payment when you die.

For much more details on who is affected and which benefit payments are included, read: What is the benefit cap?

Many require that the death benefit payment go straight to the mortgage lender, not to the beneficiaries.

It's a waiting period between the time when your disability begins and the time when you begin receiving benefit payments during which time you must remain disabled.

If your account is a joint account and receives direct deposit benefit payments, you must inform the federal agency and the financial institution of the death of the beneficiary.

The death benefit payout will be made as per the death benefit payment mode chosen and the policy will be terminated.

Under the new law, you can still voluntarily suspend benefit payments at your full retirement age (currently 66) in order to earn higher benefits for delaying.

These amounts may differ but generally up to $ 100,000 of cash value is protected and up to $ 300,000 of death benefit payments per person.

If the insured dies during the term, the beneficiary — usually the spouse and / or children — receives a tax - free benefit payment.

Amid concerns about liquidity in the fixed - income markets, clients are asking how they should prepare to meet benefit payments in the short run — the next three to four years.

When states created pension plans, there was a path of expected benefit payments associated with them.

The focus on prompt benefit payment also informs the interpretation of s. 32 (3); [6] some claimants may find it difficult to provide all the required information in time.

Any payments made to the member during that income year are treated as super income stream benefit payments (that is, pension payments) and not super lump sums.

This is a huge problem for pensions, which rely on bonds to provide steady, reliable income needed to cover benefit payments to plan participants.

She was in receipt of a limited amount of sick benefit from her employer, but was facing severe financial hardship without benefit payments.

The beneficiary is the person named to receive the full benefit payment amount in the event the insured dies.

If you do not get your first benefit payment within that time frame, you are authorized to receive extra payments in the form of interest on the total amount of the death benefit.

The extra borrowing he is advocating is not a strategic move as part of a plan but simply a reflection of reduced tax receipts and higher benefit payments associated with the recession.

Now, over 22 percent of per pupil spending goes toward benefits payments.