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Glossary of Social Security Disability Terms
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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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