Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 2 · column 5 of 9 · from the scan, no model involved

Social security pays just 1.5 percent of all the social security taxes collected to administer the programs of retirement, survivors, and disability benefits, Bruce A. Hundley social security manager in Qilpeper, said recently. This information, pertaining to 1979, was contained in a report recently published by social security’s Office of the Actuary. The report also shows that administrative costs, which include salaries, rent for .property and equipment, t bullring operating expenses, and supplies, have been decreasing over the years both as a percentage of taxes collected and of benefits paid. Administrative expenses amounted to just 1.4 percent of benefits paid in 1979.
In 1957, for example, administrative expenses amounted to 2.2 percent of taxes paid. This was the first year that disability benefits were paid.
Administrative expenses have increased more slowly than either tax income or benefits paid in spite of the fact that die programs have grown greatly in size and complexity over the years, Hundley said. Of course, Hundley said, actual dollar expenditures have increased each year even though the ratios have decreased.
The decreasing proportion of administrative expenses to income shows that administrative productivity has increased. This favorable trend is expected to continue into the future as the program matures Hundley said.
The report shows that the
70.5%