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The Federal Insurance Contributions Act (FICA) (codified in the Internal Revenue Code) imposes a Social Security withholding tax equal to 6.20% of the gross wage amount, up to but not exceeding the Social Security Wage Base ($97,500 for 2007; $102,000 for 2008; and $106,800 for 2009, 2010, and 2011). The same 6.20% tax is imposed on employers.
The Social Security Code, 2020 brings unorganised sector, gig workers and platform workers under the ambit of social security schemes, including life insurance and disability insurance, health and maternity benefits, provident insurance, pension and skill upgradation, etc. [1] The act amalgamates nine central labour enactments relating to ...
While the establishment of Social Security predated the invention of the modern digital computer, punched card data processing was a mature technology, and the Social Security system made extensive use of automated unit record equipment from the program's inception. This allowed the Social Security Administration to achieve a high level of ...
1972 - Social Security Amendments, Pub. L. 92–336; 1972 - Social Security Amendments of 1972 (Supplemental Security Income), Pub. L. 92–603; 1973 - Social Security Benefits Increase, Pub. L. 93–233; 1977 - Social Security Amendments of 1977, Pub. L. 95–216; 1980 - Social Security Disability Amendments of 1980, Pub. L. 96–265
Social Security may refer to: Social security, the general notion of a society ensuring basic needs are met; Social Security System (Philippines) South African Social Security Agency, an agency of the South African government; Social Security (United States), the United States retirement and disability program
Numident, or "Numerical Identification System," [1] is the Social Security Administration's computer database file of an abstract of the information contained in an application for a United States Social Security number (Form SS-5). It contains the name of the applicant, place and date of birth, and other information.
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The American social security system (1949) comprehensive old overview. Burns, Eveline M. Toward Social Security: An Explanation of the Social Security Act and a Survey of the Larger Issues (1936) online; Davies, Gareth, and Martha Derthick. "Race and social welfare policy: The Social Security Act of 1935." Political Science Quarterly 112.2 ...