Government benefit definition

Government benefit means money or monetary value given to an individual by a Federal, State or local government agency for purposes of financial assistance, including unemployment compensation, supplemental nutritional assistance program benefits and Social Security benefits.
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Government benefit means money or monetary value given to
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Examples of Government benefit in a sentence

  • Any such payment shall not be a basis of payment, and shall not be included in the computation, of any other type of Government benefit.

  • Government benefit cards (also referred to as Electronic Benefit Transfer Cards) are cards issued under government benefit programs to distribute government benefits or other payments.Government benefit programs vary as to whether beneficiary-cardholders are permitted to load funds unconnected to the government benefit program onto the card, and whether they provide access to credit.

  • Government benefit programs for which health information is relevant to beneficiary eligibility (e.g. SSA and Dept.

  • All Investments of each Credit Party and its Subsidiaries are (i) as set forth on SCHEDULE 5.01(Q) or (ii) other Permitted Investments.

  • While this was due in part to the organisations not recording some of the data fields, there was a need for greater bespoke data calculation by the data partners, however, the researchers note that in all circumstances a more bespoke data collection process would involve staff costs, as systems uniformly did not automatically collect such data.

  • Government benefit notices are included also in this area, al- though some separate requirements for government benefits remain; these factors are accounted for in the estimates.

  • U.S. Government benefit payments that are presented/direct deposited into an account with a deceased person is subject to be returned to the processing agency.

  • In Labour’s first months in Government, benefit increases did not seem to be on the political agenda, largely because of the Government’s commitment to stick to the previous Conservative Government’s very tight spending plans for its first two years in office.

  • Any Government benefit or any other deposit can be made in these accounts.

  • A payment in- cludes any Federal Government benefit or nonbenefit payment.

Related to Government benefit

  • relevant benefit means any benefit specified in paragraph 21(2); and

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

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Relevant Benefits means any pension, annuity, lump sum, gratuity or other like benefit given or to be given on retirement or death, or in anticipation of retirement.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

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

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • 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.

  • Termination Benefit means the benefit set forth in Article 7.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Disability Benefit means the benefit set forth in Article 8.

  • Actuarial equivalent means a benefit of equal value when

  • 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.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Service benefit means the credit toward retirement benefits as determined by the

  • Pecuniary benefit means benefit in the form of money, property, commercial interests or anything else the primary significance of which is economic gain. Expenses associated with social occasions afforded public servants shall not be deemed a pecuniary benefit.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.

  • 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).

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.