TEiAS WORKINGS
OF THE FEDERAL
SECURITY LAW
(Continued from last week)
QUESTION: Why is there ary
need for old age benefits, since pro
vision is already made in the old
age assistance features of the Social
Security Act for Federal payments
to keep the needy area from star
vation ?
ANSWER: There are provisions
,n the act which provide that a state
with a plan for granting financial
aid to the nc*edv aged, which is ap
proved by the Social Security Board
v.-iU receive from the Federal g
eminent an amount equal to approx*
ir.rateiy one-half of the t'-xal ex
pended by the state. But a gran:
from public funds availabl. ><rJ. "•
proof of actual need has a vastly
different effect upon the mora.e of
hn indviducl than to o*s an . ms
based on past ea.pioyn-: n: tt
rs paid irrespective of actual neeu.
As cur country ha.- »?n :r. :
tied. it has been increasingly diffi
cult for the wage earn ■ t i* ", -f
anv means of livelihood for the
vear= when he can no longer work.
The Federal old-age benefits system
Will build a retirement income which
Will compensate for this lack m cur
industrial organization.
QUESTION: What taxes are
provided to pay for old-age retire
ment benefits? Who pays them.
ANSWER: Employers and em
ployees contribute equally. During
1937. 1938, and 193.- the ta:t rate
Will be one per cent. For the next
three years it will be one ar.u ^onc
half per cent, from 1943 to lc45 in
clusive, two per cent, for the next
— years two and one-half per
Vent and after December 31. 19ic
the tax rate will be three per cent.
Question: Are taxes paid to the
Social Securitv Board?
ANSWER: No. The Bureau of
Internal Revenue of the Treasury
Denarrment will han^Jt all tax e :
. lections under the Security Act.
QUESTION: How may an indi
vidual tell .just how much he will
receive in monthly benefits after he
reaches 65 ?
Answer: To determine the exact
amount of the monthly benefit
Would require exact knowledge of
What future wages would be. The
formula used in determining enefits
is as folows: One-half per cent of
the first 83,000 of wages, one-twelfth
of one per cent of the next $42,006.
and one-twenty-fourtfa f one per
■•cent of all over $45,900. Thus, :f
John Jones is now 29 years of age i
and .rk: at $1800 a year until he*
is 65, his total wages have been
S'i.O’-". On the first $3,000, he
Would receive a monthly benefit of
$15: on the next $42,000 the benefit
amount would be $35; on the re
maining $36,006, the amount would
■be $15. Thus fct- total monthly ben
efit w.ll be $65.
QUESTION: If Tom Smith_ ?
Wow 56 yeat» old and receives $100
a month until he is 65, what will his
"retirement benefit be? How much
will he have paid in taxes?
ANSWER: His monthly benefit
Will be $27.50. or 8330 a year. His
"personal tax for such benefits will
-nave been $360.
QUESTION: How may further
information about this feature or
-Jtker features of the Social Security
Act be obtained?
ANSWER: By communicating
with Hugh Jl Wade, in charge of the
Alaska Office of the Social Security
Board at Juneau.
QUESTION: Does the Social
'Security Ac: inaugurate a national
-system of unemployment compen
sation?
ANSWER: No. there is some
‘confusion on this point. The act
simply encourages the states and
territories to pass unemployment
compensation laws by relieving them
NEWS OF INTEREST FROM TOWN OF FLAT
By Margaret M. Lott—[Special Correspondent]
MONDAY. APRIL 5.
Sozoft to Fairbapki—
John.- - S:c left for Fairbanks
on Tuesday's plane.
Arrive; n i ane—
Jck LeRange arrived fi u» .he Out
ride on T j day's plane.
Mrs. Jensen Mzkmz Trin—
Mrs. Torn Jensen v. a ts.-ensrer
f Fairbar.i.v in iYtdn-. • ay's plane
Arrives With Monoc mpe—
Glen Day arrived in his Monocoupe
Sunday afternoon. He umi.d n the
now at Iditarod with pontoons.
Mrs. Rodman Reterns Heme—
Mr-, Gus Rdmar. returned Tues
day after spending the winter in Se
attle, Portland ana Southern Oregon.
Stage initiation For Three—
The Pioneer lodge of Fiat held n
itintion for Bill Burns, Art Lapp:
and Martin Rose, in, on Saturday,
April 3.
Lott Joins P.A.A. Force—
Frank Lott baa accepted a position
as operator f;r ;:.e P-A.A. He is
t br stationed at Flat. He left Sat
urday afternoon with Pilot Bill Knox
for McGrath where he expects to be
until April 15.
f McGRATH j
I SCHOOL NOTES |
~— — — — — — — —*
BY MISS ALICE McGOWAX’ !
Couple cf Visitors—
Nothing new in school, but we •
had a couple of visitors this week. i
Receive Report Cards—
We all received our report cards
and of course we were sorry we did I
not study harder.
Bert Plays The Gallant—
Bert Duiak played the gallant a"d
took the school girls dog riding
Sunday. Our ride was interrupted
hy a c;ht. s'fd upset unj vc
were a:i‘ spilled in the snow. No
body was hurt and we had some
thing for a few days to talk about.
Schotd Out Soon—
We have only three more weeks
of school.
Enioj Skating—
We have been skating after
.» h<X'l. but there is not enough ice
clear to have much fun.
Cbrc fed in at one end of a new
.aehine built in Italy is turned out
in the form of a completed loaf of
bread in 20 minutes.
Subscribe for T. e Kusko Times.
Remember the Advertisers
very argelv of the burden of taxa
tion and the ecsts of administrati-' n
of such ;aws. Heretofore many pro
gressive states hesitated to pass un
employment g mpensation laws be
cause cf the cost to employers whi*h
would handicap them in competition
with employers in states without
such legislation. This problem has
t been eliminated by the Social Secur
1 ity Act and states are now able to
pass legisiutim to protect their
workers without penalizing their
employers.
(To be continued next week).
4
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Leaves For Holy Cross—
'■'.I Ha.tv Kardanoff left today
w •' t Dan Victor for Holy Cross
u .-.--it her parents, Mt and Mrs.
Dvmentieff.
•Sr. ana Mrs. Ogria Return—
Mr. and Mrs. John Og.-ir arrived
i ,y n the P. A. A. plane af
u. — nding the -winter on the Pa
cific Ccasi.
Uotillas Back From Trip— '
Eugene and E y Uotilla returned
Tuesday from Fairbanks where they
have i>eer> far some weeks. Both
boys were Oats id e for the winter.
Helds Church Services—
Rev. Chapman of Anvik held ser
vices on Sunday afternoon at the
schoolhouse. He also christened
Louis Miller, infant son of Mr. and
Mrs. Louis Miller of Flat.
Entertain At Dinner Party—
Mr. and Mrs. Rasmus Nielsen en
tertained at dinner in honor of Rev.
Chapman. Those present were: Mr.
and Mrs. A:ex Mat besom Mr and
Mrs. Harry Lawrence and Scotty
Dundass. Mr. Chapman entertained
*.h se present with violin solos, and
the guests spent the evening singing
hymn songs.
Bullet proof inner tubes for au
tos are made of sponge rubber.
No Chinese or Japanese woman
can be naturalized in the United
States.
Celery ir not raised in a cellar
but the price is often raised by the
seller.
The only Newspaper and Jeb
Printing establishment in the Kusko
kwin area. Subscribe NOW.
CLASSIFIED
ADVERTISING
RATES—15 cents per line, per is
sue. Four lines 50 cents- < Minimum
charge 50 cents.)
WORK WANTED—By mining man.
Has 10 years experience in all
kinds of placer mining, and two
years 'experience on diesel tractors
and in factory. Inquire Kusko
Times office. tf.
J03 PRINTING—Let us give you an
estimate on your printing needs of
every description. We do neat, at
tractive modern printing at fair
prices. How are you stocked up
at : resent with Letterheads, Envoi
ops, Billheads, Statements, Invoices,
Requisition Blanks, Menus, Meal
Tickets, Business Cards, Display
Advertising Cards, Receipts, etc?
T.ne KUSKO TIMES OFFICE
Clyde I>a» Arri' fs SindiT—
Clyde I>ay arrived with Pilot-Ralph
Savory Sunday ai tern our.
Pioneers Hold Annual Itanrt-— ;
The Pioneers held their attr.us)
Pioneer Itay dance on Saturday,
Apr;i 3. There was a large i«»J in
attendance. A delicious lunch of crab
s.utiiL t3i.®kthes’ ice cxear.i and i-.ihe
•*a- served Everyone caurud -a:
very good *hne.
Many Arrive Wednesday —
The-following arrived On Ahe*B_A
A. plane last Wednesday:
Jur and Mrs, Alex Matheson 1 whi.
have been spending ithe winter .an
the Pacific tin asl.
Mr Harry Donnelly; who left-here
about six weeks ago on. a business
trip to Waahingtor. Di-’C; and points
East. He made the trip -from the
Pacific Coast by air
Mr. and Mrs. Fred Padersen.
Mr Padersen spent the winter irt Cal
ifornia while Mrs. - Padersen -went
East to visit relatives and later join
ed her husband in California.
Scotty Dacdass, who was in Fair
banks on business.
Harry Agoff. who was also iii Fair-’
banks on business.
K. Pen-rear, who will be employed
by the Riley Investment Co.
Remember the Advertisers
TO WHOM IT MAY CONCERN
- My wit*, ArauuU Slant. having
left my bed and board, I wii! r t be
responsible for anyedebts contracted
by her on arUtte- this date.
MASK;, STEN'BERG.
MarcH12;-TS37.
'' Renewbe? 1-the - Advertiser?
BUT AT HUE
TAKOTNA
'CASH* STORE
31 ItxrWmrt Anything
iitthc
fCatOCEEY
LINE
GGIVR US AN ORDER
Let Us D5 Your Freighting
A. IL TWITCHELL
• Proprietor
HEWITT’S PHOTO
■ANCHORAGE. ALASKA
SHOP
directs • yo«r Attention to their vaittve fiatekieg department to
gether with their 21 bonr service.
Carrying a fall tine-of standard and Portable typewriters, Burr
ough and Victor adding machines.
Battery radios for those Being in unwired homes; fresh stock of
batteries at all times. MAIL ORDERS- SOLICITED.
BRANCH POOL HALL
FLAT, ALASKA.
HOT LUNCHES
* Served 'Anytime
BEER
WINES
CANDIES
CARD TABLES,
BARBER SHOP
EVERYTHING FIRST CLASS
“Where Sociability-Reigns”
ANDREW MISCOVICH
HARWYWILSON
Blacksmith, Machine-and All
Sheet Metal Work
Drills and Boilers and All Kinds of