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Social Security Disability Benefits - Retirement Benefits

Jitesh Arora
 


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The Social Security Disability schemes provide various kinds of assistance to the eligible. Once your case is considered a genuine one, benefits under various programs will start to make your life comfortable and unconcerned.

The biggest payout under the scheme is made as retirement benefits. The worker pays social security taxes throughout his period of work and his work history and earnings are also kept in watch by the administration. The amount granted as support depends upon his earning record and the age at which he is rendered incapable to work further. However, a Federal Court ruling clearly states that eligibility to such welfare schemes is not a contractual right, which gives the State governments to cut the aid at any point of time.

The amount to be allotted as retirement benefit is calculated on the basis of the applicant's Primary Insurance Amount or in short, the PIA. PIA is the average income earned during thirty five years of his most productive work years. For those who does not have thirty five years of service, zeroes are added to his actual earning years to bring up the required thirty five. Certain formulas and determiners are used to calculate the amount to be disbursed. The biggest advantage of the scheme is that the amount determined to be given takes care of the inflation and rise of costs.

For being eligible, the worker needs to have completed at least sixty two years of age. However, he has to attain the age of sixty eight to be eligible for full retirement benefits. The benefits will continue till the death of the beneficiary.

If a worker chooses to delay his retirement well past the normal accepted retirement age, he will get additional retirement credits that will increase his disability insurance amount. These retirement credits can be extended to their spouses too. Children and spouse benefits would not be affected by these credits.

Any current spouse or former spouses for more than ten years are eligible for the spouse's benefit. The benefits for the spouse is calculated to be fifty percent of the worker`s Primary Insurance Amount. If a beneficiary dies, his or her surviving spouse are eligible to receive survivor`s benefits. The amount allowed is equal to the full retirement benefit of the deceased worker if the spouse has attained the normal retirement age.

If you want to know more about Social Security Disability Benefits then feel free to visit http://www.disabilityappeal.com

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