Chapter 5 Vocabulary (part 2/2)

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Across
  1. 4. One of the typical employee benefits. Examples include health, life, and disability.
  2. 5. A health insurance program for people 65 years old and older and some disabled people under 65.
  3. 7. Maximum __________ __________. Any annual income greater than this amount is not subject to social security tax.
  4. 9. __________ insurance. A government program that offers benefits to eligible employees who, through no fault of their own, have been let go from their work.
  5. 10. Provides income for people after they retire. Also pays benefits to disabled workers.
Down
  1. 1. The sum of your hourly pay plus overtime pay. This also refers to your pay before taxes.
  2. 2. Abbreviated “PTO”, this is another typical employee benefit. Combination of paid vacation and sick time.
  3. 3. The combination of Social Security tax plus Medicare tax.
  4. 6. Compensation that an employee receives from an employer after retirement.
  5. 8. Worker’s __________. Offers assistance to employees who are injured while working at their job.