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Today's Terms
Disability
Definition:
A general term used for the problems a person with a health condition (such as cerebral palsy or deafness) has because of barriers in his or her environment.
Outcome Payment System
Definition:
The system providing a payments under the Ticket to Work program to an employment network for each month, up to a total of 60 months, during which Social Security disability benefits and Federal SSI cash benefits are not payable to a beneficiary because of the performance of substantial gainful activity (SGA) or by reason of earnings from work.
Conversion Privilege
Definition:
If included, this option allows employees who are terminating employment to continue some or all of their LTD coverage at their own expense without submitting evidence of insurability.
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