| There are certain bases which the Social Security use | | | | lifetime, does not in any way indicate that members |
| in order to determine the amount of benefits to be | | | | are to receive additional benefits. Nonetheless, an |
| released for each of their member. The Social | | | | increase in your Social Security contribution may |
| Security Benefit is based on factors such as date of | | | | increase your benefits. For those who may have |
| birth of members, the type of benefit applied for, | | | | queries and may want to know your detailed |
| the amount of earnings and the length of | | | | estimate of your Social Security Retirement, Disability |
| employment. All these factors are considered in | | | | and Survivorship Benefits you may try to visit or call |
| determining the Social Security Benefits and the | | | | the Social Security Administration. You may be made |
| Medicare benefits. | | | | to fill up a Personal Earnings and Benefit Estimate |
| Other bases for determining Social Security Benefits | | | | Statement. This statement is available by completing |
| are the so-called Social Security Credits. As members | | | | and submitting a form SSA-7004 to the Social |
| of Social Security you get credit points for your | | | | Security Administration. The Social Security in return |
| earnings. $900 in earnings can earn a member one | | | | would just mail to you your requested statement. |
| credit. A member has the chance to earn up a | | | | The Social Security Benefits are usually based on the |
| maximum of four credits in a year. However, the | | | | averaged total earnings over the members working |
| amount of earnings needed to obtain one credit is | | | | years. Moreover, the Social Security makes use of a |
| not a constant that is why every year there is an | | | | formula in determining the amount of benefits to be |
| increase for the amount of earnings required for one | | | | given to each of their members. And as a standard |
| credit. The most number of credits required is forty | | | | rule about 42% of you earning goes to your Social |
| which is about ten years to accumulate. These | | | | Security Benefits. Such is a small price to pay for a |
| credits are needed in order for a member to become | | | | great packaged of future benefits. |
| eligible for benefits. The disability and the survivor | | | | The Social Security has already provided 44 million |
| benefits usually require a much lower number of | | | | Americans with various Social Security Benefits. The |
| credits. | | | | Social Security was created to provide a safety net |
| However, extra credits obtained during your working | | | | for all citizens of United States. |