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Show Increase in Social Security Brings Program Increase Starting with the first pay checks they receive in the New Year, the Nation's working work-ing people will pay 4.8 percent per-cent of their earnings toward their social security protection, an increase of 0.04 of one percent per-cent over the contribution rate in effect since the beginning of 1967. Social Security contributions are still payable on only the first $7,800 of annual earnings. For a person earning $7,800 or more a year ($150 a week or over), the increase will a-mount a-mount to 60 cents a week; a worker earning $100 a week will pay 40 cents a week more. The contribution rate of 4.8 percent for 1969-70 is actually slightly lower than the 4.9 percent rate that wag scheduled sched-uled for those 2 years In the previous law- The increase that goes into effect January 1 was scheduled schedul-ed in the social security a-meiidmcnts a-meiidmcnts of 1967. Those a-mendments a-mendments increased cash benefits for all beneficiaries by at least 13 percent. The Increase in benefits payable to workers and their families in the futurc will be even greater. Retirement protection for workers and their families is increased, and so is the protection pro-tection wives and children have if the worker should die. There is also improved protection pro-tection for the entire family if the family breadwinner should become disabled for work for a period of 12 months (Continued oa Page 7) Social Security (Continued from Front Page) or more. Younger workers, as well as those who are middle-aged middle-aged or older, can look forward for-ward to getting social security retirement benefits worth considerably con-siderably more than the total they will pay into social security sec-urity toward that retirement protection. In addition, they have survivors sur-vivors and disability insurance insur-ance under social security that may mean as much as $75,000 to $11X1,000 in payments pay-ments to an individual family, fam-ily, should the worker die or become disabled for work before be-fore retirement. A representative will be In Cedar City, at the Resident Station, 90 West Center St., on Monday, Jan. 6 and 13, and Wednesday, Jan. 8, from 9 a. m. to 12:00 noon and 1 p. m. to 3:30 p. m. |