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SOCIAL SECURITY DISABILITY LAW GLOSSARY |
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Glossary of Social Security Disability Law Terms
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Social Security
While you work, you pay taxes into the Social Security system, and when you
retire or become disabled you, your spouse and your dependent children receive
monthly benefits that are based on your reported earnings. The system also
allows your survivors to collect benefits if you die.
Solvency
The ability to pay off one’s legal debt. The Social Security system is
solvent when it can pay 100 percent of scheduled benefits. Social Security uses
payroll tax revenues to cover payments; if these fell short, it would draw on
the accumulated surpluses in the Social Security Trust Fund.
Spouse
The person whom you were legally married to at the time you applied for
benefits.
Supplemental Security Income (SSI)
A Federal supplemental income program which helps the aging, blind, and
disabled, who have little or no income.
Survivor Benefits
If you die, benefits will be paid to: your spouse age 60 or older (50 or
older if a disability rather than death occurs) or at any age if the spouse is
caring for a child under the age of 16; children age 18 or younger (19 or
younger if still in school); and your parents, if you provide at least half of
their financial support.
DISCLAIMER: The
information contained within this Social Security Disability Website is of a general nature
and is not meant to be a restatement of any rules of law. Your
use of this site does not create an attorney-client
relationship. You should hire an attorney to obtain legal
advice for your specific case.
© Copyright 2005,
Consultwebs.com, Inc., All rights reserved. Social Security Disability Law Glossary.
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