Under the "Raise the Full Retaiment Age " proposal what age would one have to be to recive the full retairment benefits?
What is 70
100
Any government system that provides monetary assistance to people with inadequate or no income
What is Social Security
100
Who received the first monthly check of $22.54 on Jan 30, 1940
who is Ida May Fuller
100
what sode SSN stand for?
What is Social Security Number
200
What year did the change of the role of female workers was acknowledged when benefits of covered women could be collected
What is 1962
200
What percentage is estamated to fill the funding gap if lawmakers decided to recalculate teh COLA?
What is 23%
200
This would automatically modify Social Security to pay smaller monthly benefits as lifespans increase.
What is Longevity Indexing
200
The first social security amendments which part enacted the first "cola" (coast of living adjustment) was done in 1950 by which us president
who is Truman
200
What dose FDR stand for
What is Franklin Delano Rossevelt
300
What two things were added by the 1965 Social Security act.
What is Medicaid and Medicare
300
What is the dollar amount of the maximum annual eanrings that can be taxed for Social Security?
What is 110,000
300
Income over a certian amount in no longer subjet to tax.
What is Tax cap
300
A new cola bill authorizing a 20% increase to benefits and requires automatic colas each year was signed by which us president.
Who is Richard Nixon
300
What is C.O.L.A
What is cost of living adjustmnet
400
In what year did a change in law add survivor’s benefits and benefits for retiree’s spouses?
What is 1935
400
Under the "Increase Payroll Tax Rate " proposal what would the Social Security tax be increased to to fill 22% of the funding gap?
What is 6.45%
400
The money received by retired workers who have paid in social Security system during there working years.
What is Social Security benifits
400
Which us president signed amendments in part to seek to limit the coast of disability insurance and requires the ssa to review regularly the disability status of benefits
who is Jimmy Crater
400
what is oasdi
What is old age surviors and disablity insurance
500
What year did they start collecting the social security tax from working people.
What is 1937
500
What are Social Security retirement benefits based on?
What is a workers average of a 35 year earning history
500
a deduction taken from an employee's wages.
What is Payroll Tax
500
Who signed the 1983 Social Security Amendments which incorporate many of the Greenspan commission recommendations which include increase in self-employment tax, partial taxation of social security benefits to wealthier retiree’s.