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The clipping this text was read from
The clipping this text was read from

A COST-OF-LIVING increase in monthly social security benefits will be included in checks delivered in July, according to Philip E. Bettendorf, social security district manager in Winchester. The increase will amount to 8 percent for most people getting social security payments. It is the first benefit raise under a cost-of-living provision added to the social security law in 1972.

“People getting social security checks don’t have to do anything to get the higher payments,” Bettendorf said. “The increase will be added automatically.” The increase is based on the rise in prices from the April-May-June quarter of 1974 to the JanuaryFebruary-March quarter of 1975.

With the cost of living increase, average social security retirement payments to retired workers nationally will go from $184 to $200 a month. Average social security disability payments to disabled workers will go from $207 to $224 a month. Average social security survivors payments to widowed mothers with two children in their care will go from $439 to $474 a month.

SOCIAL security pays monthly benefits to almost 31 million people. The payments are funded by social security taxes from employes, employers, and self-employed people.

Employes and employers con

94.5%