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Glossary of Social Security Disability Law Terms
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Legal Glossaries Main Page
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Pension: A regular payment, which a
worker receives after retirement. The conditions of the
pension are set before the worker retires, in accordance
with the worker’s retirement plan. A pension is
usually a guaranteed benefit that is not usually
portable.
Portable: A benefit that goes with you if you
change employers. Most employer-sponsored pension plans
are not portable. Social Security is the only guaranteed
benefit that is portable.
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