MLchartDataset catalogue

Fully insured status

Term · Insurance and risk management · MLC-T-INS-001606

A Social Security status earned by accumulating enough work credits, generally 40 (about ten years of work), which makes a worker eligible for retirement pay and lets survivors qualify on the worker's record. Credits come from covered earnings, the dollar amount needed for one credit is adjusted each year, and at most four credits count per year. A claim for disability also requires a separate disability insured test based on recent work.

Table 1. Record
IdentifierMLC-T-INS-001606
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-001606",
  "term": "Fully insured status",
  "field": "Insurance and risk management",
  "definition": "A Social Security status earned by accumulating enough work credits, generally 40 (about ten years of work), which makes a worker eligible for retirement pay and lets survivors qualify on the worker's record. Credits come from covered earnings, the dollar amount needed for one credit is adjusted each year, and at most four credits count per year. A claim for disability also requires a separate disability insured test based on recent work.",
  "url": "https://mlchart.com/terminology/insurance/fully-insured-status/"
}

Record 1,485 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.