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Press Telegram in Long Beach, California

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Jun 20, 1974

Page

9

A Time To the May Social Security Totals $4.5 Billion

More than 30 million Americans received Social Security benefits in May United States data show 19 million elderly retirees and dependents totaled 3 billion 7 million survivors of deceased workers received 1 billion and nearly 4 million disabled workers and families shared 500 million Census-like figures cited by Caspar Weinberger HEW secretary note ongoing figures incomplete.

Caspar W. Weinberger Department of Health, Education ,and Welfare Social Security Administration Congress Weinberger

You Should Know What Medicare and Social Security Pay

The letter discusses Bankers Life Insurance and the need to read policy fine print. It explains typical Social Security benefits, widow and dependent payouts, and the impact of Medicare premium hikes starting July 1. It notes Medicare began in 1966 and outlines rising costs, with average retiree benefits around $298 monthly for couples and individuals, amid inflation.

Bankers Multiple Life Insurance Company of Chicago S.h.ri Milan Minn Arpsa

Improvements in Social Security program noted

The article reports that enhancements include provisions for dependents and survivors, disability insurance, and Medicare. It cites that 95 of 109 children under 18 may receive monthly cash benefits if the breadwinner dies, and four in five men and women aged 2 through 64 may receive monthly cash benefits if the breadwinner becomes severely disabled.

Chile

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