The midland journal. (Rising Sun, Md.) 1885-1947, 1938-12-09
OLD AGE INSURANCE.

@. have a small canning plant
where employ about a dozen people
during the summer. recently sent
in my tax returns for the Bird quar-
ter of 1888 to the Collector of In
ternal Revenue. Now, is 1t necessary
for me to send a report to the Social
Security Board in addition to the re-
port sent to Internal Revenue,
showing the wages paid to each
employee during the quarter?
A. No. The information concern
ing the amount of wages you paid
to each employee, which you in
cluded in your wage tax return (on
Form SS-la) is transmitted to the
Social Security Board by the Bureau
of Internal Revenue. The amount of
wages you paid to employees wage
record. And the Social Security
Board keeps that information safe
for all time.
O. am told that over Al million
people in the United States have
social security account numbers.
Have those people actually earned
wages that have been credited to
their social security accounts in the
past two years?
A. About 33 million employee
wage records are on file in the Of
fees Of the Social Security Board.
This means that each of those work
ers, has been paid wages In a job
covered by old-age insurance provi-
sions. Others have been employed in
jobs which do not come under the
Social Security Act. Employment In
the Government, agriculture, do
nestle service in private homes.
charitable institutions, and on Ii
censed vessels is not covered by the
Act. However, there Is always q
chance that man or woman may
get job that is covered by old-age
insurance; and it is just as well for
every job applicant to have his ac-
count number card in hand.
Q. We are studying Government
at high school, and I have decided
to write theme ON the insurance
provisions of the Social Security
Act. Please tell me where I can get
some literature on the subject.
A. You may call, write, or send
to any field Office of the Social Sec
urity Board, and secure, free Of
charge, leafet or circulars which
explain old-age insurance. Other
leaflets which explain unemploy-
ment compensation, as set forth in
the Social Security Act, may also
be obtained. Then you may secure
further information about your own
State Unemployment compensation
law from the Maryland unemploy-
ment compensa ton Commission at
Baltimore.
@. A man who has been working
for me for the past ten years has
just reached his 65th birthday. He
wants to file claim for old-sge in
surance benefits and he has asked
me to send the Social Security Board
a statement showing the amount Of
wages / have paid him. What period
of time should my statement cOver?.
A. No wages paid to your en-
ployee before the law went into eff
feet (January /, 1881 nor since he
reached aged IS will count toward
old-age insurance benefits Assuming
that you have already reported your
employees 1897 wage earnings to
the Government, as required by law,
you should now include in your
statement to the Social Security
Board Con Form OAC-1001) the
wages paid your 65year-old employ
ee in 1938-up to the day he reach
ed age IS.
In computing the amount Of ben
efits due the claimant, the Social
Security Board will ascertain from
it's own files the amount of wages
paid to that particular worker dur
ing 1887. To this amount the wage
earnings reported by you for 1888
will be added. The old-age insurance
benefits due the claimant will smount
to 3h percent of that sum.