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urity benefits regardless of earnings,” Ratcliff noted. The $2,400 figure applies to the report of earnings for 1974 that people who get benefits must send to social security by April 15, 1975.
THE SOCIAL security contributions rate remains the same— 5.85 percent of covered wages contributed by employes and employers; 7.9 percent of covered self-employment income. The earnings and contributions base— the amount on which social security contributions are made—will be the first $14,100 of covered earnings for the year, starting in January. Previously the base was $13,200.
Social security pays over $4.9 billion a month in retirement, disability, and survivors benefits to over 30 million people. The Social Security Administration is an agency of the U.S. Department of Health, Education, and Welfare.
For information the local office may be visited at 20 South Cameron Street. Hours are 8:45 a.m. to 5 p.m. The telephone number is 667-1511.□
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