51. In place of money, the Social Security Administration is issued special U.S. Treasury certificates that can be used only to pay Social Security benefits. 52. Instead, consultants recommend handing over a sum each year on which the employee pays tax or buying an annuity that will pay additional benefits in retirement. 53. It also wants to require the firm to enforce all existing contracts with foreign offices and to continue to pay retirement benefits. 54. It was becoming clear that we could not pay for essential government programs and simultaneously build up the financial reserves needed to pay benefits to future retirees. 55. It is an education that could pay additional benefits next season and for seasons to come. 56. Just as a private pension fund uses earnings on its assets to pay benefits, the Social Security system can use earnings from this trust fund to pay benefits. 57. Life insurance policies pay benefits to your beneficiaries at your death. 58. Lile Stratton of Eagar is testing the limits of how close to the Valley the government will pay benefits. 59. Money coming in from payroll taxes is used to pay current benefits to retirees as well as youthful beneficiaries. 60. Money would be raised by taxes on working Americans and, to the extent not needed to pay immediate benefits, invested in safe government bonds. |