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