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Glossary of Social Security Disability Law Terms
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Legal Glossaries Main Page
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Representative Payee: If you receive
Social Security benefits or Supplemental Security Income
and become unable to handle your own financial affairs,
a relative, friend, or an interested party is appointed
to handle your Social Security matters.
Retirement Age - Full Benefits: Full
retirement age was 65 for many years. However, beginning
with the year 2000 (for workers and spouses born 1938 or
later, or widow and widowers born 1940 or later), the
retirement age increases gradually from age 65 until it
reaches age 67 in the year 2022.
Retirement Age - Minimum: The minimum age for
retirement-age 62 for workers, and age 60 for widows or
widowers. You can choose a reduced benefit anytime
before you reach full retirement age.
Retroactive Benefits (Back Pay): Monthly
benefits that you may be entitled to before the month
you actually file an application, if you meet the
entitlement requirements.
Replacement rate: The amount of pre-retirement
earnings that Social Security benefits replace. A way to
gauge the adequacy of retirement income.
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