Entitlement Factors
Certain requirements must be met before a person becomes entitled to RIB. These requirements are based on both age and payments made into the Social Security System through payroll taxes. These are:
- Be fully insured under the Social Security system
- Have obtained the age of 62 by the first of the month.
- Have either applied for the benefits or have been automatically converted from Disability Insurance Benefits at Full Retirement Age.
Read more about this topic: Retirement Insurance Benefits
Famous quotes containing the word factors:
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—Michael Lewis (late–20th-century)