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Show Social Security Jumps 'Will be Automatic :'' ;',U K-iu lit uK-iv.i.-e ,:o law ly IVmiUmh " pisiru't M.maiaT ot ''.'I'ir.iuJ JniK'l'i S.K-ia! C,:iy Plt'uv s.iid Unlay I,!.' 'l Sivi.it sivurity Ihmu- !) u-s nmsi ''iVoivo llu 1,1 '..jse .uitom.itK'.iHy. Tlu l4f nuuith'y Ivnolits lor workor Svs up c.-iip'.o fi'om $-4 to '- at $51. A w Mowed m. !yr w.i'1 lu0 I'liiklivn will Lvive an average social .Yr;;v bem-fit of atxuit bTitp frm l''"'" worker willi a who "-A oitf or more children, the avcr.5go monthly pay. nVi; will bo alKHit $354. iiv osed from 35. The spes ar'e lr-ii' to certain indiyi-dis indiyi-dis age 72 and over who are not insured for reuhn-sevuit reuhn-sevuit stvunty case benefits will also be inoreasod by peivoi:', from $U1.;0 to 58.00 tor an individual and from $r2 50 to $ii7.0t) for a couple. 'Hie new law ineliules a provision pro-vision tor automatic annual incivasos in social security Iviiflits as the cost of living rises in the future a roce. mnieiul.uion made by President Presi-dent Nixon in his nies. --atje on social security. I n-ler n-ler the new law the contribution contribu-tion and benefit base the tuaiinum amount of annual eaniiii:; th;.t is counted for benefit and contribution pur. poses will rise from the pront $),000 a year to $10. SO in li73 and to $12,000 in l'.'7-t. Thereafter, this anunim would be adjusted automatically automati-cally to keep pace with rising waes. This means that as earnings rise workers whose earnings are at or above the level of the maximum earnings earn-ings base will pay' contributions contribu-tions on higher earnings but they also will have those additional earnings counted toward the benefits that will be payable to them and UieT families in the future. For further information about this or other social security sec-urity matters, call the Grand Junction social security, toil Free by dialing the operator and asking for ZENITH 6116. |