benefit


Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Acronyms, Idioms, Wikipedia.

benefit

an allowance paid by the government as for sickness, unemployment, etc., to which a person is entitled under social security or the national insurance scheme
References in periodicals archive ?
One possible solution is to purchase an annuity with a lifetime-withdrawal benefit guarantee at the time Social Security benefits are elected.
Some governments will continue to fund post-employment benefits out of future operating revenues ("pay-as-you-go"), even though the local government is receiving the economic benefit associated with these future cash flows.
The law on welfare benefit arrangements may be overwhelming for advisers to closely held businesses.
However, when taxpayers receive workers' compensation rather than Social Security disability benefits and this compensation reduces the amount of Social Security they receive, the workers' compensation is taxed at the same rate as Social Security benefits.
Employers can spend huge sums of money on benefits, but if their employees aren't aware of the cost or don't appreciate the value of the benefits, they aren't going to see a return on their investment," says Kathryn Yates, global director of communication consulting at Watson Wyatt.
The companies that are refusing to give equal benefits to all of their married employees are some of the largest employers in the United States.
In all, about 40 percent of Fortune 500 companies offered health benefits to gay couples at the end of 2003, according to the Human Rights Campaign Foundation.
What happens is that people tend not to look after their health until it is an emergency situation, and because it is acute care and not preventative care, the benefit program takes a hard hit," says Pineault.
Create a community of firms that demonstrate a commitment to employee benefit plan audit quality.
This would allow states to opt out of the prescription drug benefit for dual-eligible individuals at significant savings to the state.
Restrict survey queries to provide benefit estimates for consumer surplus and willingness-to-pay approaches.
The team modeled health benefits from the hypothetical installation of BACT at five older power plants located within a 50-mile radius of Washington, D.