If you are a City employee working for the Department of Aging in the title of Foster Grandparent, you are exempt from social security and Medicare taxes. Beneficiaries of Deceased Employees Payments made to a deceased employee s beneficiary or estate in the same calendar year as the death of the employee are subject to social security and Medicare taxes. If payment is made to a deceased employee s beneficiary or estate in a calendar year after the employee s death, it is exempt from social security and Medicare taxes. If you are hired on a temporary basis in case of fire, storm, snow, flood, or other emergency, you are exempt from social security and Medicare taxes. In October 1999, the Social Security Administration began mailing Social Security Statements to workers age 25 or older who are not receiving Social Security benefits.
Employees can expect to receive Statements each year about three months before their birthdays.
This important new financial planing tool provides information on how much employees can expect to receive in retirement benefits, how much they and their families can expect to receive in disability benefits if they become disabled, or how much their survivors would receive if they die. The information in the Social Security Statement also will provide you with an easy way to determine whether your earnings are accurately reported and recorded on your social security record. Making sure the name and social security number your employer has on record matches your social security card is the best way to ensure earnings will be accurately recorded. That's important because the amount of your future benefits will based on social security earnings record. The Statement will tell you how to correct inaccurately posted earnings.