Federal benefit rate definition

Federal benefit rate or “FBR” means the amount of the monthly cash assistance authorized for the recipients of the SSI program. The FBR is the SSI income eligibility standard, as adjusted for the number of cash recipients, living arrangement and SSP levels as indicated in the table in §
Federal benefit rate. (FBR) means the supplemental security income (SSI) current payment standard published annually by the social security administration.
Federal benefit rate means the maximum monthly Supplemental Security Income payment rate for an eligible person or a married couple.

Examples of Federal benefit rate in a sentence

  • Effective July 1, 1987, disabled or blind recipients who were receiving special SSI payments or had special SSI recipient status under section 1619 in the month preceding the first full month of institutionalization, may receive pay- ments based on the full Federal benefit rate for the initial 2 full months of insti- tutionalization if they reside in certain public or private Medicaid facilities.

  • If countable income exceeds the amount of the Federal benefit rate, the State supplementary benefit will be re- duced by the amount of such excess.

  • As provided in § 416.420, countable income will first be deducted from the Federal benefit rate applicable to an eligible individual or eligible couple.

  • Establishes a schedule for paying retroactive SSI payment amounts that exceed 12 times the Federal benefit rate (FBR) plus the State supplement level.

  • If countable income is equal to or less than the amount of the Federal benefit rate, the full amount of the State supplementary payment as speci- fied in the Federal agreement will be made.

  • No State supplementary payment will be made where countable income is equal to or exceeds the sum of the Federal benefit rate and the State sup- plementary payment rate.

  • If the remaining countable income is equal to or less than the amount of the Federal benefit rate, the full amount of the State supplementary payment will be made.

  • Table V.A1 presents a history of legislation affecting the Federal benefit rate.

  • If the State’s income eligibility level is lower than the SSP or SSI Fed- eral benefit rates, individuals quali- fying under paragraph (a) of this sec- tion who are deemed to have income at either the SSP rate or the SSI Federal benefit rate may further reduce their countable income by incurring medical expenses in the amount by which their income exceeds the State’s income eli- gibility standard.

  • The applicable Federal benefit rate (plus the federally-administered State supplementary payment level) exceeds the sum of: The individual’s monthly countable and excludable in- come and monthly countable and ex- cludable liquid resources.


More Definitions of Federal benefit rate

Federal benefit rate means the amount of monthly
Federal benefit rate means the amount of monthly federal or state benefits paid to
Federal benefit rate. (FBR) means the supplemental security income (SSI)
Federal benefit rate means the maximum monthly Supplemental Security Income payment rate for an eligible per- son or a married couple.
Federal benefit rate means the monthly payment rate for an eligible individual or couple. It is the figure from which we substract countable income to find out how much your Federal SSI benefit should be. The Federal benefit rate does not include the rate for any State supplement paid by us on behalf of a State.

Related to Federal benefit rate

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Foreign Benefit Law means any applicable statute, law, ordinance, code, rule, regulation, order or decree of any foreign nation or any province, state, territory, protectorate or other political subdivision thereof regulating, relating to, or imposing liability or standards of conduct concerning, any Employee Benefit Plan.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Societal benefits charge means a charge imposed by an electric

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Tax Rate means the rate imposed under section 51 of the income tax act of 1967, 1967 PA 281, MCL 206.51, for the tax year in which the tax year of the taxpayer for which the credit is being computed begins.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Late Payment Rate As defined in the Insurance Agreement.