FEDERAL MEDICAL LEGISLATION
First Session, 85th Congress
Increased Wage Base Tax and Benefits Under Social Security
Representative King (D., Calif.), in H. R. 5549, has made several amendments to the Old-Age and Survivors Insurance section of the Social Security Act. He would increase the minimum survivors' or dependents' benefits from $30 to $37.50 per month and increase from $200 to $250 a month the maximum amount which the widow of a covered employee with a large family may receive through this program. He would raise the base salary upon which contributions are computed from the present $4,200 to $6,000 and would also raise the rate of contribution from the employees and employers from 2 1/4% to 3% each. By 1975, the employees and employers would pay 5% each on the $6,000 wage base. In the case of the self-employed the present contribution would be raised from 3 3/8% to 4
ORGANIZATION SECTION. JAMA. 1957;164(14):1579–1582. doi:10.1001/jama.1957.02980140055012
Customize your JAMA Network experience by selecting one or more topics from the list below.
Create a personal account or sign in to: