Madds5872 Madds5872
  • 24-08-2018
  • Business
contestada

What determines the dollar amount of a retired employee's monthly social security check?

Respuesta :

andriansp andriansp
  • 04-09-2018

I believe the answer is: The number of fiscal quarters the employee worked during his or her lifetime and the amount of money the employee contributed to the Social Security Trust Fund.

The amount in Social security trust fund is being added through direct deduction of the employee's base salary before the pension time. Which mean that as the employee use less of their money for their consumption during productive years, the amount of money that they would receive after retiring would be increased.

Answer Link

Otras preguntas

which of the following cannot be simplified ?
I thought of a number, added 3 2/7 to it, then I multiplied the result by 1 1/2 , and got6 5/7
algebra question, show steps of how to solve 1=k+14​
The smelliness of cheese (denoted by S) can be defined as a function of the amount of bacteria in the cheese (denoted by B) an the surface area of the cheese (
why do we have white skin​
What is a 30 percent increase followed by a 15 percent decrease?
a= -7, b= -3, c=0 3b-(3c+4a-squared)
1. The War with Spain in 1898 was not the first effort by the United States to reach beyond its land-holdings in North America. Trace the efforts by Americans
Who held the power in the newly developed parliaments?
The number of State Parks in California is 36 more than one third the number of State Parks in Florida. There are 85 State Parks in California. Which of the fol