Retirement Insurance Benefits

Retirement Insurance Benefits (abbreviated RIB) or Old-age Insurance Benefits are a form of social insurance payments made by the U.S. Social Security Administration paid based upon the attainment of old age (62 or older). Benefit payments are made on the 3rd of the month, or the 2nd, 3rd, or 4th Wednesday of the month, based upon the date of birth and entitlement to other benefits.

Read more about Retirement Insurance Benefits:  Legal Authority, Entitlement Factors, Benefit Amount, Full Retirement Age, Time of Payment, Termination of Benefits, See Also

Famous quotes containing the words retirement, insurance and/or benefits:

    Adultery itself in its principle is many times nothing but a curious inquisition after, and envy of another man’s enclosed pleasures: and there have been many who refused fairer objects that they might ravish an enclosed woman from her retirement and single possessor.
    Jeremy Taylor (1613–1667)

    For there can be no whiter whiteness than this one:
    An insurance man’s shirt on its morning run.
    Gwendolyn Brooks (b. 1917)

    Through all opposition the personal benefits of the reform [dress] [bracketed word in original] have compensated; but had it been mainly sacrifice, the thought of working for the amelioration of women and the elevation of humanity would still have been the beacon-star guiding me on amid all discouragements.
    Susan Pecker Fowler (1823–1911)