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Newspaper
Cincinnati The Chronicle
Location
Cincinnati, Ohio, United States of America
Date
Jan 25, 1968
Page
12
Amid postwar debate, the article chronicles Social Security advances from 1965 to 1967, noting 1.883 million additional cash beneficiaries and Medicare reach. It highlights increased benefits, rising monthly payments to 23.6 million recipients, and overall program growth, while urging further legislative action in 1968.
The article explains amendments signed January 3 1968 boosting Social Security payments for current and future beneficiaries by at least 13 percent. It gives examples for a 350 dollar monthly earner rising to 140.40 and couples to 210.60, and a 550 dollar earner rising to 189.90 with no tax increase.
J T Maidlow says no hiring surge due to new social security number rule for Ohio driver licenses starting Jan 1 1968. Agencies note no official inquiry and stress the card's use for social security identity rather than general identification.
Wage settlements in 1967 covered about 4.5 million workers with most rises carrying into later years. Average yearly gains hovered around 5.6 percent when timing is counted, slightly above 1966, while cost of living rose 2.8 percent, tempering real gains. Higher Social Security contributions affect one quarter of earners earning over six thousand six hundred, with benefits rising up to 30 percent for younger workers and notable increases for older workers and families.
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