Evening star., 1936-11-30

~ OES the social security act
provide pensions for mar
ried as we'll as unmarried
- women who work in an en-
ployment covered by the law?
Yes.
II one should pay the tax while
working from 80 to IS years of age,
how much pension would she get
and when?
The pensions begin at IS. The
amount would depend on the wages
over those five years, but only up
to $4,000 year from one employer
Il credited to the wage account. If
you got $4,000 a year, the account
would show $4,000. The pension
would be one-half of per cent of the
first $4,000 and one-twelfth of l per
cent OF the next $4,000 each month,
or $25.
Pensions for Couples.
II husband and wife work, will
each get pension on retirement in
proportion to his or her account?
Yes.
If the husband is ineligible and
the wife is not employed, how is she
protected in event Of his death?
The pension section makes no al
lowance for such cases.
In case Americans are employed
In a foreign consulate or legation,
what should they do to receive a
pension?
They can apply for accounts; but
the Security Board has made no
decision yet about how to handle
such cases.
If the foreign government does not
pay the employers tax, does the
American employe pay his share alone,
or does he pay both to qualify for a
pension?
This also is undecided.
Compulsory for Eligibles.
Is it compulsory for every employe
IN an occupation covered by the law
to come IN under it?
Yes.
What is the status Of consular
omploye who Is foreigner?
Not decided.
My son gets $85 a month. How
much will he be taxed?
Eight-fi cents a month next year,
Increasing gradually to $255 month
In 1949 and thereafter.
am a widow and keep house for
my son. Will be able to get PEN
sion?
Not under the Federal system, un-
less you work at least day in COW
cred employment during five calendar
years after 1885, and earn $4,000.
am a salesman on a salary and
drawing account, which has a provi-
sion for expenses. How is my factory
to take this into consideration for tax
purposes?
Expenses Not Considered.
The tax on you and your employer
rs on wages given you for services
performed. Expense reimbursements
are not considered wages.
II a man has a year and a half to
work at s25 a week after 1886 and
before he Is IS, what is his pension
benefit?
He will be entitled on his 65th BIRTH
day anniversary to $6825 in a lump
sum, but gets no pension. That is 312
per cent Of his wages.
Must a man who is 66 give up his
Job on January /?
No, he is not directly affected by
the pension act.
I am an unemployed painter, aged
80. What should I do about being
enrolled for a pension?
You can apply for wage account
number, getting a blank at the post
Office, and wages paid to you if you
return to work will be entered on that
account.
have a small business of my own.
How does the pension act affect me?
You are not provided for in the law,
but your employees are.
Must Work for Some One.
When an employer matches the
taxes paid by his workers, does he
make it possible to get a pension him.
seK after IS?
No, he is ineligible unless he works
for some one else.
lam school teacher, making 81, 900
year. I pay $32 year into the
State teachers pension fund in In
diana. How does the Federal act af-
feet me?
You are exempted from its provi-
Eions, as are all governmental en-
ployes.
WI OF