Social Security Disability (SSD) payments are based on what you have paid in taxes. The government gives you credits when you work. Each year, you can earn up to 4 credits (one for each quarter of the year). You earn credits based upon how much money you earn. For example, in 2010, a worker will earn one credit for every $1,120 they earn and report as wages on their taxes.
In order to file a claim, subcontractors, suppliers and laborers must follow a number of procedures so that their claim is accepted. Before filing a payment bond claim, they must file a preliminary notice of a claim, within a period of time after the completion of their work.
If the owner of the project fails to obtain a payment bond from the contractor, then the owner will be liable for any payment claim that arises. The amount of the payment bond must equal the full contract price. To file a claim against a contractorâs payment bond, a claimant must first file a pre-claim notice. This pre-claim notice must be mailed or delivered in person to the contractor within 10 days after the claimant first delivers the supplies or materials.