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Page 6 · column 7 of 9 · from the scan, no model involved
for himself and his wife. His family’s benefit protection in case of his disability or death is also substantially improved.
Even the higher paifj middle aged workerwho is much closer to retirement age will find his benefit prospects greatly Improved. For example, a worker who is 50 in 1968 and will pay social security contributions on earnings of $7,800 a year for only 15 years will collect a retirement benefit of $188.80. This compares with the $155 per month he would have collected under the old law, an increase of 21.8 percent. He and his wife together will be eligible for $283.20 a month, in-' stead of $232.50.
92.5%