Show i Changes In Social Security by Clarence Manager of the Salt Lake City Social Security District Office In the first article of this I outlined several of the most important changes in social security which were brought about by the recent 1958 amendments to the social security In this article I will outline additional As you benefit amounts are figured from a working persons average Right j only earnings up to a total of in a year can be credited to a worker's social security account Beginning with earnings up to will be creditable and taxable for social security Social security taxes will be increased beginning with An employed person will have percent taken out of his pay instead of the present his employer will contribute 2 percent The self-employment social security tax will be increased of 1 percent and will become 3 percent of net earnings up to in the Self-employed people will pay at this increased rate for the year 1959 with the tax return they make early in Important changes have been made in the disability insurance provision in the If age is getting monthly disability benefits because he is too disabled for further substantial gainful payments can be made to his dependents just like the payments made to J old-age insurance j a person entitled to social security disability benefits no longer has the amount of payment reduced or withheld because he is receiving disability payments from some othor Federal or State The amended law also makes it easier for people whose disabilities develop gradually to qualify for either cash disability benefits or the disability This is brought about through a change in the work It is no longer necessary that the worker have at least 1 years of social security credit out of the three years before he became The standards for determining disability remain the A person must still be unable to perform gainful The new requirement is that the worker fully insured and have 20 quarters of coverage out of the 40 calendar quarters before he became Other changes have been made in the social security including relating to for I shall the latter in my next |