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The Lump Sum Death Benefit Should It Be Changed


The Lump Sum Death Benefit Should It Be Changed
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The Lump Sum Death Benefit Should It Be Changed


The Lump Sum Death Benefit Should It Be Changed
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Author : United States Accounting Office (GAO)
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-06-12

The Lump Sum Death Benefit Should It Be Changed written by United States Accounting Office (GAO) and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-12 with categories.


The Lump Sum Death Benefit--Should It Be Changed?



The Lump Sum Death Benefit Should It Be Changed


The Lump Sum Death Benefit Should It Be Changed
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1980

The Lump Sum Death Benefit Should It Be Changed written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Social security categories.




The Lump Sum Death Benefit Should It Be Changed


The Lump Sum Death Benefit Should It Be Changed
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1980

The Lump Sum Death Benefit Should It Be Changed written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Social security categories.


Social security has paid more than $6 billion in lump-sum death benefits since 1940, the first year payments were made. The original concept of lump-sum death benefits was to provide a return on the social security contributions of wage earners. However, the concept has been changed to include a modest payment toward the costs associated with death. Various proposals have been made to eliminate, or in some way alter, the current benefit. One proposal by the Department of Health and Human Services would significantly reduce the cost of the lump-sum death benefit payment; however, most individuals currently insured for this benefit would no longer be eligible. Another proposal by the Advisory Council on Social Security would almost double the current annual cost. GAO assessed the impact of proposed changes and developed data for possible alternatives. In a review of a random sample of death benefit claims, GAO found that, in 86 percent of the cases, average benefits exceeded average employee contributions. In over three-fourths of the cases, benefits received were about 15 times more than contributions. The lump-sum death benefit, however, was the only benefit received on behalf of about 14 percent of deceased workers because the primary beneficiary died before receiving any social security benefits and had no eligible survivors at the time of death. In terms of the program's original objective, a return on the workers' contributions in the system, an overwhelming majority of the beneficiaries or their survivors receive average benefits well in excess of the average contribution.



Employment


Employment
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Author : U S Government Accountability Office (G
language : en
Publisher: BiblioGov
Release Date : 2013-06

Employment written by U S Government Accountability Office (G and has been published by BiblioGov this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06 with categories.


Social security has paid more than $6 billion in lump-sum death benefits since 1940, the first year payments were made. The original concept of lump-sum death benefits was to provide a return on the social security contributions of wage earners. However, the concept has been changed to include a modest payment toward the costs associated with death. Various proposals have been made to eliminate, or in some way alter, the current benefit. One proposal by the Department of Health and Human Services would significantly reduce the cost of the lump-sum death benefit payment; however, most individuals currently insured for this benefit would no longer be eligible. Another proposal by the Advisory Council on Social Security would almost double the current annual cost. GAO assessed the impact of proposed changes and developed data for possible alternatives. In a review of a random sample of death benefit claims, GAO found that, in 86 percent of the cases, average benefits exceeded average employee contributions. In over three-fourths of the cases, benefits received were about 15 times more than contributions. The lump-sum death benefit, however, was the only benefit received on behalf of about 14 percent of deceased workers because the primary beneficiary died before receiving any social security benefits and had no eligible survivors at the time of death. In terms of the program's original objective, a return on the workers' contributions in the system, an overwhelming majority of the beneficiaries or their survivors receive average benefits well in excess of the average contribution.



Social Security What Changes Are Necessary


Social Security What Changes Are Necessary
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Author : United States. Congress. Senate. Special Committee on Aging
language : en
Publisher:
Release Date : 1981

Social Security What Changes Are Necessary written by United States. Congress. Senate. Special Committee on Aging and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Social security categories.




Gao Documents


Gao Documents
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1980

Gao Documents written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Government publications categories.


Catalog of reports, decisions and opinions, testimonies and speeches.



Without Honor


Without Honor
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Author : Raymond A. Heninger
language : en
Publisher: AuthorHouse
Release Date : 2006

Without Honor written by Raymond A. Heninger and has been published by AuthorHouse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Trials (Divorce) categories.


Without Honor is the true expose of the Rancho Cucamonga, California Family Law court system. It is a chronological sequence of TRUE events as they happened and the destruction of Raymond A. Heninger's life and all that he had worked for at the hands of the un-ethical, individuals carrying out their operations under the guise of equitable, fair, precedent established law and the façade of respectability. This system and the individuals who run this system are allowed to destroy lives under the protection of our law establishment, with no regard to the consequences of their actions and a twisting and distorting of established rules and precedent set case law. They use the law to suit their own purposes for the tangible reward of other people's hard earned money and/or the victim's assets and lifelong acquirements. They run distraught individuals into lifelong debt by making it easy for them to finance their impending unhappiness via Master Card, Discover, American Express, Visa and other financial services. There is no recourse, or serious corrective remedy, whereby the victim can go back and correct the destructive acts of this system as the State Bar governs these attorneys and the judges were attorneys before they became judges. The elected legislators don't want to get involved because it is not generative of votes or in their interests to do so. It is way past time that the men in this country stand up, unite, and put pressure on the attorneys and judges in this country and make them be fair to both sides in a divorce case. Until they do, the attorneys sit back waiting for marriages to fail so they can make money at the expense of the husband, wife and children.



Internal Revenue Bulletin


Internal Revenue Bulletin
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Author : United States. Internal Revenue Service
language : en
Publisher:
Release Date : 1997

Internal Revenue Bulletin written by United States. Internal Revenue Service and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Tax administration and procedure categories.




Railroad Retirement


Railroad Retirement
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Author : United States. Congress. Senate. Committee on Interstate Commerce
language : en
Publisher:
Release Date : 1945

Railroad Retirement written by United States. Congress. Senate. Committee on Interstate Commerce and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1945 with categories.




Internal Revenue Cumulative Bulletin


Internal Revenue Cumulative Bulletin
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Author : United States. Internal Revenue Service
language : en
Publisher:
Release Date : 1997

Internal Revenue Cumulative Bulletin written by United States. Internal Revenue Service and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Tax administration and procedure categories.