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Show Basis for Figuring Social Security Payments Explained What is the basis for figuring the amounts of my social security se-curity benefits? This is a significant signi-ficant and Important question on the minds of millions of American Ameri-can workers approaching retire-men retire-men i age. Tho terms of the social so-cial security act provide that al' benefits are based on the amount of an individual's average earnings. earn-ings. Whether you work as an employee for someone else, are self employed as the operator of a business or profession, or whether whe-ther you are the operator of a farm, your benefits are based on your average earnings. Benefits for dependent members mem-bers of your family are likewise bused on your average earnings The higher 'your average, the higher your benefit and your do-pendent's do-pendent's benefits. An individual worker's benefits range f-om a minimum of $30.00 per month ($24 for women at 02) to a maximum max-imum of $108.50. It is important that you understand how your social security benefits are figured fig-ured In planning your retirement program. If you are interested in moro detail, your local social security office will be happy to supply you with a publication entitled "How to Estimate Your Social Security Payments." A representative of ti e social security office will be at the Utah State Employment Office in Cedar City on April 15 between 9 a. m. and 3 p. m.. If anyone wishes to contact him at that time. |