Social Security & Annual Report
Social security is primarily a social insurance program providing social protection or protection against socially recognized conditions, including poverty, old age, disability, unemployment and others. An annual report is a comprehensive report on a company's activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance./5
U.S. Social Security ... a World Think Tank DISCUSSION _ Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected to become depleted in 2033, unchanged from last year, with 77 percent of benefits still payable at that time. The DI Trust Fund will become depleted in 2016, also unchanged from last year's estimate, with 81 percent of benefits still payable. In the 2014 Annual Report to Congress, the Trustees announced: The combined trust fund reserves are still growing and will continue to do so through 2019. Beginning with 2020, the cost of the program is projected to exceed income. The projected point at which the combined trust fund reserves will become depleted, if Congress does not act before then, comes in 2033 – the same as projected last year. At that time, there will be sufficient income coming ...
A temporary worker for PHH Corp. potentially gained access to employees personal information, including Social Security numbers and dates of birth, according to a letter from the company s chief executive.
FEDERAL BENEFIT PAYMENT AMERICA.IN GOD WE TRUST! SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT PAYMENT'/ENTITLEMENT Have you noticed, your Social Security check is now referred to as a "Federal Benefit Payment"? I'll be part of the one percent to forward this. I am forwarding it because it touches a nerve in me, and I hope it will in you. Please keep passing it on until everyone in our country has read it. The government is now referring to our Social Security checks as a "Federal Benefit Payment." This isn't a benefit - its earned income! Not only did we all contribute to Social Security but our employers did too. It totaled 15% of our income before taxes. If you averaged $30K per year over your working life, that's close to $180,000 invested in Social Security. If you calculate the future value of your monthly investment in social security ($375/month, including both your and your employer's contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you'd have more than $1.3 ...
Social Security is not headed for disaster: The gloomy annual report of the trustees of Social Security has prov...
This is just wrong - we need to fight for our rights for Social Security now or it will not be there for most of us when we need it the most ! What is wrong with our Government ?
This is Worth Your Time. Bush pushed for privatization of Social Security and got BBQ'd for it. This should reveal why he wasn't wrong.
WASHINGTON – Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians’ reluctance to take painful action to fix the huge retirement and disability program. The trust funds that support Social Security will run dry in 2033 – three year...
We have already paid for social security. If it is failing, it is because the fund has been robbed for other things. Solution: tax the rich and return our money. Social Security should be in place for all generations. It is our investment in our future from the first day we start working.
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