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Q: 25 - Payments to a worker his dependents andor survivors in the event of retirement disability or death are generally covered by the system of insurance known as?
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Payments to a worker his dependents andor survivors in the event of retirement disability or death are generally covered by the system of insurance known as?

Social Security


What type of insurance does MetLife Insurance provide?

MetLife provides term life insurance and disability. They also help in planning for retirement.


Should you cancel a disability insurance policy if you take early retirement?

If you can afford to keep disability insurance, I would. As we get older, our bodies become fragile, and you want to be fully covered just in case.


What are the four major of employee benefits?

health care, life and disability insurance, work schedule, and retirement


Is oasdi the same as ssdi?

No, OASDI stands for Old Age, Survivors, and Disability Insurance and includes Social Security retirement benefits. SSDI stands for Social Security Disability Insurance and provides benefits to people who are unable to work due to a disability.


What are four major type of employee benefits?

health care, life and disability insurance, work schedule, and retirement


What is the four major types of employee benefits?

health care, life and disability insurance, work schedule, and retirement


Information on mutual of america?

Mutual of America is an insurance company that specializes in retirement products, life insurance, and disability insurance. They have 36 offices in the United States, as well as Hawaii and Alaska.


What are employee benefits?

Employee benefits are things other than money the company gives you: medical insurance life insurance disability insurance retirement benefits vacation paid holidays


What happens to your disability insurance when you turn age 65?

When you turn 65, your eligibility for disability insurance may change depending on the policy. Some policies may convert to retirement benefits, while others may continue but with adjusted terms. Contact your insurance provider or check your policy to understand how turning 65 may affect your disability insurance coverage.


What taxes are taken out of your work pay?

Depends as what you define as taxes. Is unemployment or disability insurance premium a tax? How about other insurance - like Social Security, or Medical? Or retirement? What is taken out of your pay is shown on the pay stub item by item. Many factors effect this, like you choices on benefits, your work location, your city/town of residence, your marital status and dependents, etc., etc.


Can you apply for social security disability if getting social security?

When people refer to "Social Security," they general mean retirement benefits. SSDI is Social Security Disability Insurance, which is paid from the same fund, but available only to disabled people who are below full retirement age.If you're asking whether you can receive both Social Security retirement and Social Security disability benefits, the answer is no. If you meet SSA guidelines for disability, you receive SSDI until you become ineligible or reach retirement age, whichever occurs first. If you remain on SSDI until retirement, your Social Security benefits automatically convert from disability to retirement. You can't receive both at the same time.If you're asking whether you can receive private disability insurance payments after you begin receiving Social Security disability or retirement benefits, that depends on the policy. Consult with your insurance agent or employer for more information.