loading…
loading…
loading…
PRE-ELIGIBILITY VERIFICATION (PEV) - Electronic validation of income and non- financial verifications at initial eligibility. PREMIUM—Amount paid for an insurance contract (policy). PRIMARY BENEFICIARY—For Social Security RSDI benefits, a person who has worked the specified number of quarters and is eligible for retirement or disability benefits in his/her own right. For a trust, the individual(s) who have first right to the benefits of the trust. PRIMARY EVIDENCE—A document or record by an official government agency or public institution that would be accepted in a judicial proceeding as establishing the truth. PRINCIPAL—The capital or main body of an estate or financial holding as distinguished from the interest or revenue from it. PRINCIPAL PLACE OF RESIDENCE—A person’s principal place of residence is the one property in which the individual, the individual’s spouse, or the individual’s dependent (minor or adult) child currently resides, or has resided in within the previous six months, provided they intend to return after temporary absences. A property ceases to be a principal place of residence if the person/family has been continuously residing off the property (including in a residential medical facility) for a period of six months or more. PROGRAM OPERATIONS MANUAL SYSTEM OF THE SOCIAL SECURITY ADMINISTRATION (POMS) - The operating procedures for the programs administered by the Social Security Administration, including SSI. PROGRAM REQUIREMENT—Specifications as to how eligibility factors are to be met. PROPERTY ESSENTIAL FOR PRODUCTION OF INCOME—Can include real and personal property (for example, land, buildings, equipment and supplies, motor vehicles, and tools, etc.) used in a trade or business, non-business income-producing property (houses or apartments for rent, land other than home property, etc.) and property used to produce goods or services essential to an individual’s daily activities. PROPERTY RESOURCES--Real, personal, tangible or intangible assets owned by an applicant or recipient. Property resources include, but are not limited to real property, vehicles, mobile homes, cash, stocks, bonds, savings accounts, the cash value of life insurance, and recreational equipment. PROPORTIONAL INTEREST—When there are two or more owners of real property, the property may be divided into equal or unequal shares (three individuals may own a whole property with the ownership interests being 50%, 25% and 25% respectively). PRORATE—Divide or distribute benefits proportionally based on number of days eligible. PROSPECTIVE OR PROSPECTED BUDGETING—Using the best estimate of the income and circumstances that may exist in the benefit month to determine eligibility and compute countable income. PROTECTIVE PAYEE—The person, other than the individual to whom the payment is legally obligated, to whom payment is made and who is managing the funds for the purpose of safeguarding the health and welfare of the person to whom the payment is legally obligated. PROVIDER—A person or business who provides goods or services to clients; usually a medical provider (e.g., physician, hospital, etc.)