CFR > Title 42 > Chapter IV > Subchapter B > Part 424 > Subpart B – Certification and Plan Requirements
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Terms Used In CFR > Title 42 > Chapter IV > Subchapter B > Part 424 > Subpart B - Certification and Plan Requirements
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.