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Show r BOX State, local workers ELDER Brigham City, Utah Sunday, August 8, 1976 NEWS, Workers dropping Social Security Because of rapidly rising costs and uncertainties regarding the solvency of the system, many governmental units the nation are dropping out of the federal Social Security program. This was reported by the private re- search organization in a study of social security and public employes. The foundation analysis shows that 138 cities, counties, and other jurisdictions have given up their membership in social security during the past sent value of benefits social security has promised to current workers, and the present value of all scheduled future taxes that it expects to collect from current workers and their employes. Sccial Security have found that by starting from scratch they have been able to establish systems that will Social Security on a basis. Foundation analysts warn, however, that there may be Withdrawal from the system some drawbacks to employes who withdraw from Social Sewould allow a governmental unit and their employes to curity. For example, benefits obligaunder any new system may not escape this long-terbe tax exempt; retirees may not tion, Thus, many of the governmental units which pulled out of receive free medicare hospital m cost-benef- it insurance; and work credits may not be as readily transferable as are Social Security credits. As a result, the foundation report suggest that the pros and cons of withdrawal should be carefully examined before any final decision is made. At the present time there are 344 state and local governmental units in Utah that are covered by the federal social security law. These units cur rently employ about 80,000 indi- viduals, and social security taxes paid by these units and 'their employes amount to about $71 million a year. The Utah Foundation study emphasizes that the option of pulling out of Social Security affords these state and local units along with their employes a possible opportunity for savings that is not provided to those who are employed in the private sector of the economy. chairman of the Junior Peach Queen contest, Mrs. Linda Knavel poses with this year's first entrant to the contest, Shalees Petersen, daughter of Mr. and Mrs. Kim Petersen of Brigham City. THIS YEAR'S I I I I ri LP Red Cross. Good Neighbor. site iforfcy? fifing i Answers from Ray Malmrose' Ask Your QUESTION: Of the various kinds of eye glass cleaners youre carrying which do you feel is the best? carefully reviewed by public employes and public officials in the months ahead. According to the foundation study, the option of canceling social security coverage is unique to state and local governments. For most employed and Americans working in the private sector, payment of federal social security taxes is mandatory. Under Federal law, however, state and local units may withdraw from the program by declaring their intent to do so at least two years in advance. social security taxes. This sum is matched by the employing unit. These amounts are scheduled to rise in the years ahead. Thus, over the next five years, up to $10,900 in employe and employer social security taxes could be saved for each public employe or teacher who is withdrawn from the system. The report points out that all or part of these funds could be used to set up a supplemental system to replace social security coverage. A major attraction for withdrawal, according to the foundation study, is that the federal social security system has accumulated an acturaial deficit of between $2.5 and $3.0 trillion over the past 40 years. This is the difference between the pre ; Pharmacist! two years. In addition, another' 207 governmental units, including New York City, have filed notice of their intent to follow suit. In Utah, the question of dropping out of Social Security will be Pay Up to $895 Currently, every employe pays up to $895 per year in Questions By You And Your Friends ANSWER: Were carrying eye glass cleaning fluids containing an alcoholic solution which removes dirt and spots. And we have the silicone-treate- d papers that are also good but do be careful not to use either of these if your lenses have been coated with nonre-flectiv- e material. You may be surprised to have me be telling you this, but good hand soap and water will clean your lenses effectively. Do be sure its a mild hand soap . . . stay away from abrasive soaps of any kind for this type of cleansing. The best? The choice - as always here - is yours. 'VV-SV MALMROSE MOUNTED are the new officers of the Box Elder 4-- posse, a group concerned with learning the techniques of horsemanship. From left are: Shirley Jeppeson, direc To Happen tor; Becky Breitenbeker, director; Shauna Hinck, secretary and Laurie Peterson, president. PHARMACY 102 PRESCRIPTIONS E. Forest Again 0fcFD)OQDO as QD0() i,l 0Dp8 huge increase in the cost of newsprint and in postal rates have forced u$ to again raise our subscription prices. But, as in the past, we are giving reasonable notice. The price increase will go into effect October 1, 1976. A mnKJ mu om save You can avoid the price increase entirely by renewing your present subscription now. We will add it to your present expiration date. And, you may renew for as many years as you wish. The same holds true for someone who may not be a subscriber yet, but plans to. Now is the time if saving money is a requirement with you. New subscription rates will be $10.00 per year for Box Elder county residents, up from $9.00 per year, and $14.00 per year for out of county residents, up from $11.00. Remember this includes twice a week delivery, to your home in the mail, 104 issues per year. Still less than ten cents a copy, delivered. News stand prices for single copies of the News Journal will go up also. 20c instead of 10'. . $3 00 Scissor I election of notion onyuherel Trade-I- A l Ogden 2397 Washington Blvd. 399-298- 4 DAILY 10-- 6 FBI. 10-- 9 MON. BOX ELDER s Ogden 1155- - 36th 399-056- Street 6 DAILY 10 AM TO 9 PM SAT. 10 AM TO 6 PM SUNDAY 12 TO 5 M Simplicity MrCallV UlUMlVly. J 723-347- 1 723-85- Brigham City 55 South First West U lOj |