OPEN - ESDS

CURRENT ACCOUNT - See Bank Current Account.
DEATH GPANT Math grant IS payable on the, $aath of a person who has
e.stisfied certain NI condition. The srnount of grant
depends on the age of the pereon who dted. It is clalmed
through the DHSS offlca and paymsnt is ty giro cheque.
DEBENTURX A debenture ie a loan to a coqeny, ueually repayable o vsr
a fixed perxod of tires with regular payments of interest.
The interest, howewsr, is llkely to vary according to the
terms of the debenture.
DEPoSIT ACCOUNT - See Bank Dapoait Account.
DIPJZCT DEBIT - A bank dir-et debit ie a form of ●tanding order where the
amount of each paymmt is likaly to -ry. The -rlatlon
ie instigated by the psreon bsing paid and therefore savss
the payer ha vlng to take action.
EARNINGS-RELATED - This is a supplement to some steta kx?nefits. It is
SUPPLEMENT earnings related, in the sense that the amount paid varies
according to the NI contributions made (while working) and
the earrmngs as an employee in the relevant tax year ie
the higher the wage, the higher the contribution, the
higher the supplement. The supplement ie normally pa~d by
giro with the relevant etandard benefit (eg Retirement
Pension, Invalidity Pension) .
El@ LOYEE m employee is someone who receives a wage or salary for
working for an employer (this can be an indi vldual or an
OrganLsatiOn, consequent 1y directors and nbsnagers are
employees of their coupanies) .
EPIPLOYERB SICK PAY - When an employee is off work sick they recei vs Statutory
.Fmck Pay, NI Sickness Benefit or Invalidity Pension. In
addition, they msy recel vs Sick Pay from their employer.
SLckneBs pay from the employer ie normally,
i. MS de up pay, ●g the diffuence between NI
Sickness Bsnefit ●te, and normel earned pay or
ii. half pay, ie half normal earned pay.
There are, of courne, other arrangement depending on the
individual employer or smployee’e situation.
Et@ LOYMENT STATUS - See employee, self sqloyed.
ENTEWRISE ALLC%JANCE - This in a peyment nmde to ununploy~d applicant who get up
buaine.es in a self-employed category.
EEC TRAINING This is an allmance paid by the European Econoru c
SUPPLEMENT Conununity out of ita social fund to redundsnt workers in
specified industries, eg steel workers, while they are
undergoing restraining.
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