The Brazosport Facts from Freeport, Texas on November 27, 1975 · Page 14
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The Brazosport Facts from Freeport, Texas · Page 14

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Freeport, Texas
Issue Date:
Thursday, November 27, 1975
Page:
Page 14
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SS raises limit on earnings Beginning Jan. t, 1976, the maximum amount of earnings in a year that count for social security THE BRAIOSPORT PACTS FREEPOBT, TEXAS, THURSDAY, NOVEMBER », I»'S P*<K UA 'rn will automatically in- well, Commissioner of security cheeks will in- People who earn more crease to $15,300, up from Social Security, announced crease to $2,760 in a year ihunRiWnn iw/tt may still this year's maximum of today, ' under the same automatic get some social security 514,100, James B. Card- Also in 1976, the increase provisions of the benefits, but every two maximum amount that a law. Commissioner Card dollars they earn above beneficiary can earn and well said The 1975 figure is $2,760 may cause a still get all his .social $2.320. reduction of one dollar in their social .security benefits for the year. No matter how much they earn in 1976, they can Ret their f'll! benefit f»r any month in which they do not e«i n mm i' than $~M in wanes <up from lilt) m 1975) and do not perform substantial services in self- employment The Commissioner noted that these mcreaMrs are determined on the basis of a formula in the law which automatically produces a result based on reported moteQi THIS YEAR GIVE ZENITH The family gift that keeps on giving Hamburgtrs (or GIFT GIVING niyiEAA / y \gi Got the hungrlei? We've got a heap of/McgonaVi your hungrlei. When you buy a Zenith Color Television, we'll give you up to KM) deiklous McDonald's Hamburgers... 100% SOLID-STATE n f \t 50 Fr»e McDonald Hambutjjn with each Table Model T«l«vlilon You May Win a FREE COLOR TV vi«« /V\ •McOonakrs on Dixie Drive now for Details IO Th« SEABREEZE • All-non r.!>.rr.-!,rv ;\vrjiS:--> ' Now. I <y O^tTMCv. ••' i"-l, $420 $198 OuOOOOOOO EVERY ZENITH 100% SOLID-STATE CHROMACOLOR n TV SYSTEM FEATURES • Brilliant Chromacolw picture tube • 100% Solid-state Titan* chassis • Patented Power Sentry voltage regulating system \yOOOOOOGQ- i $460 $488 rt\i GIANT-SCREEN CONSOLE TV 100 Free McDonald Hamburgeri with each Console Color TV AlBEMAflLE G474SE Gen-j.n <*oc<3 ve ••••••••••••••••••••••••••»•*•••! NOW! Instant dose-up at your fingertips with : ZOOM SmCE COMMAND' REMOTE CONTROL ZOOM L PICTURE toQu e-ii ZOOM buHor. ;ind <;i>i mnani cto'.e up ZOOM ;lure :-j -fi'* iaigt i P/ew /CXliM but^oo .ifjun ana picture ilani.; lefjmr, !oo'igmais.»'6 Picis bullons lo li;(r> sei on uM - chanije cnanneis hujtic/ 01 Icrwei -aOjUSi yoiuftH) la Ib -cis arrt ccrfnpittler/ rnole sound 25—- MK)%SOUI>STATC x ^ G4 549P Gm\J Di98on»l • Brilliant Chiomacolor Picture Tube • Energy Saving Chassis *ttn Power Sentry System • Solid-State Tuning System » Natural Wood Veneer Top. Decorative F-jni, Ends and Base ol Simulated Wood . . _ _ — _ The HEATH • SG2363E Country tlyied lull bdsa corisole Caster j Criro<n4lK. On«-t>ullon lunmq AFC S"mulal«a Wooo Grdtrnr.q wi!fi Wood Veneer lop $869.95 • 100% Solid-Sill* TII»n300VChJMll P»l«nnJ Power Stntiy J b/»tem PIclMf* Tub* • SoUd-SUI* Electronic Tuning Sy»l«m Freeport 233-4661 W. Second SI. Lake Jackson 297-302J 30 Circle Way Holfday Store Hours: Open 'HI 8PM Mon.-Frl. "The formulit i* (.k-si^rM-t! to kit-p both thf contnbutiwi and U-ncflt base, arid the retirement test exempt amount, up lo date «s average, w-ujje levels rwe throu^HRit 'he Nail on . " ( 'om m !>.•* toner I'ardwell .van! ' 1'inkf trve law, thtiw automatic uuTease* ran take effev-t i>fti> itit<-r a vcar in which there ha.* been an automatic in create in "I'xuil >ev"tirit> benefits T (; t •> rit]iiirfinr(it *;».•> met !>> an cikiht per cent autoiiuttic increase i!i b*-nrfits that !'*ik rf.'cv! earlier tfu* >fur The contribution ur.'J benefit base IH tti«> ma \imurti amount of earnmtt.« tn .1 vear that »cv cn^litabie !'>**anl '.«!,*! .•kx'unt) !*'«e(iU and art- ta \ablf undt-r -socni will provide .idtiitn3:ui! income to the social stx'urtt) pru^craii) v»ith»>yt tncreaAir^; the Lite-* ".' w or kers •* tn i i\» n; t H . 1 1 « > or Ur« in u >ear. thr He n«'.it! U;a % H. r > (»'r reft! <•( '.<l,lf<!v c.irnt.'ifjs (or rmpli'><'«'^ «rx.i employers trach. anil 7 9 p*T C'.-n" oi tjuhif (earning* lot .v-!( fnif.uojr'i people, will remain ur. chii n^ctt in Wft Thv KK-rtM-i* 1 in (.tin payable on !'/T6 t-jriurX 1 ' for worker 'A)W earn :n')fr tlwn JH.t'Jt. 1 i*ill r.ir.ije up to a maximum of $,"') S) each fur a 'A.i^f i'jrn«-r .irw! hj.s rmplo>er. and S'.M W for a M-lf rmpltiyitt (>TV>« The nuMtmum MIVU! •MX'untv Uix .1 'A.i^e carii'T will pj;, m I'/rt '*iis !-»• $«« 05. and a self em pi o> ed [)'• r * mi I1.2DH70 An fitinuiht! IS millcm workers abiut <me otil of five covered bv social vcunty wdl t»- aff(xs«-<l by the increase in l'/7'\ btv.JUM 1 (hey will have earnings of mure than 1 1 1,100 The increase ui the IMS*- will rout! in a«j ditional revfiuii- n( $.' i billion on l'jf76 earninn* "In return (or the increase in taxe.s," the conimi.ssiimer said, 'these afftvted workers will have greater protection UHMUSI' a larger amount of (lieu earnings will N- cre<lited toward benefil.s- than U-fore "Diis will mean higher U-nedts for them and their farnihen in the event of retirement, dl.salxilt), ui ileaUI. (li.in would have tM-eri (Xis-iihle without an increase in the About 1 -') million beneficiaries will receive additional benefits as a result of the mrreasc* lo $2,71X1 in the retirement test exempt amount in 1978 Additional benefit payments for 1«76 will amount to an estimated $150 million, the com mUsioncr said K XT K.NSI u; HI HNHwerc niffrr^i f.i) Mfs ! K S'.ar!.»>ru«^fi jix! fwr Sc re»itlrjnT, Scatf».iTw«^t '.»i Uw n^h! !«-^s !*-i,j - * ' •>,i^ -,Ji-:t to ,'lfr , e'X!c»Mivr for* 1 ! IT Js t H'-r iV r>i'-,t-5..il) UVt.!r,«->uS-t) Tli* twi> •*«!!-,«•« Three departments respond to gas fire Kite department per M i 1 1 1 1 i >;h' '.i> pu! nit ,i ^jr. * !ifr ,it M i ; n ! f ;\ ,\ M •• r .':>- ••:: K.tv If i.'i (ir>"v.j!u»l 1 1 '. <• { n\ A n _ fh<- , r f "•<•[> •> ,' ! fr i.'f;;r? 5J.4 >.!«! (irr »4r:(. »;•/» p rr.,in J;tr, '* f a r i n j.; *<T>! <,( »; " J/yrti <x Thc (ruck -tppjrrcUy u!lf(! !h«- pump .o. cr. iiii'iiiitl .i ^J^'1rt in thr to 4 .it ) fnxr, ! HUNT HARDWARE STOPS RUST TREATS METAL KT I.M I')ST nn n \T HUNT'S 248 Plantation Of Lake .MTU tn !)>«• UJ<S!«T HiC (iff '*44 (,4[)}M'«1 OUt afrtut ti minute iijtrr the .irrr. ,sl «4 iti'.- Uiro- nly WORK No NOW OPEN FOR BUSINESS LECTRONICS 411 SOUTH MAIN CLUTE- 2657381 Specializing In Expert Repairs On STEREO & HI-FIDELITY EQUIPMENT Special Tonight on CBS In Color 7:00 p.m. Ch. 11 ''•*-«-..; i ••>£ ' tiJ ^. 4, The Waltons Thanksgiving Special A two-hour holiday vistl with anottier hoart- warming story of the Walton Ixxj-sohoW In an Emmy-Award winning script Thanksgiving takes on a deeper meaning as ihe Waltons find enough to be thankful for to celebrate two Thanksgiving holidays prosenled by FIRST FREEPORT NATIONAL BANK Downtown Freeport •

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