Northwest Arkansas Times from Fayetteville, Arkansas on June 19, 1974 · Page 14
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June 19, 1974

Northwest Arkansas Times from Fayetteville, Arkansas · Page 14

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Fayetteville, Arkansas
Issue Date:
Wednesday, June 19, 1974
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Page 14
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Norttowtrt Arkemai r*vtrrrvit.Li, ARK! TIMES, W«!., Jum 19, 1974 IMSAf Questions About Social Security Editor's Note: This column U a joint effort of public service by the TIMES and the Fayettevillc Social Security Administration office. Mrs. Rose Newsome, district manager. Anyone baring a question about social security is invited to .send it to the Northwest Arkansas TIMES 72701. All inquiries must he signed and should include address of sender. Names will not be published. Q. I will become 62 years of age in August 1974. What papers do I need and when should 1 get them ready to apply for my social security retirement benefits? A. You could have filed your claim for social security bene f i t s as early as May 1. 1974, 1 suggest that you contact your nearest social security office immediately. You will neec proof of your age in the form of a birth or church record recorded before age five, if one exists If not. you will need to f u r n i s h two other documents thai show your age and date oi birth. If you worked during !073. you need your 1373 W-2 form and your social sccuril number. By JOHN CUNNtFK NEW YORK (AP) -- So ex- reme is the current economic scene that t h e meanings of rusted old words are being trained. Some may well be bandoned for the time being in avor of more descriptive erms. such as: --The shock market, ether- ise known as the stock roar- el. For those seeking big capi- al gains it has been just one hock after another. Some in- estors now are so punchy they ear an advance, convinced it is nly the prelude to a bigger de- Q. My husband and I were married in May 1943. We were divorced in July 1973. I wa 02 in August 1972 and I am retired. I am now getting a check from social security. Is it possible to receive mori social security on his record' He has been working since 194' or 1948. A. If your ex-husband receiving social security bene fits, it is possible that you cai receive benefits on his record Divorced wives can be eligibl is the marriage lasts at leas 20 years. Since you wer already age 62 at the time o the divorce, you will be cligibli to receive benefits on his rccon if you are entitled lo a highe benefit on his record. Pleasi contact your social security office for further information. Q. My husband had to retin over a year ago because of hi bad health, and we have a young son that will soon be age 21. Our son has been marriec and is now divorced. He has had difficulty finding suitable wort and he Is interested in going to school, but this will cost $10 a week for 15 weeks. Is therrc any help for himthrough my husband's social security? A. Jf your son has never filet an application for socia security benefits before, it i possible thai he could b eligible for student benefits. H should contact the soda security office. He will have t provide his birth vcrtificate. hi divorce decree, his socia security card and documen tation that he has applied fo admission as a full-lime studen in an accredited school. Q. I am writing for husband. He was eligible fo Medicare in July 1973 and h received a notice, but he ha never received ' his iMedicar card. I have telephoned severa times trying to get one for him but without success. Could yoi find out why he hasn't receive! the card? He has been gettin 1 social security for years. A. At your earliest con venience. call or visit you nearest social security o f f i c and ask to speak to a Servic Representative. Furnish you h u s b a n d ' s social number and your husba should receive a Medicare car in a few weeks. Medicare card are issued by our central offir in Baltimore. In the meantime should your husband need . enter a hospital or have othe medical treatment, the hospita or doctor's office can alwa\ call our office to verify lit, eligibility. Tchaikovsky's Music Triggers Fire Alarm -ATLANTA. Ga. (AP) - Fir men answered an alarm ; Symphony Hall in (he Atlanl Memorial Art Center hei Tuesday night. But it was false alarm. A spokesman said the sens live fire a l a r m equipment w; set off by a performance i Tchaikovsky's "1812 Overture, directed by Robert Shaw. REPLACE YOUR OLD DISHWASHER · 4 Cyd« · Built-in Soft Food Disposer · Dual Detergent Dispenser · 3 Wash Levels · Rinse AM Oispertsw · Sound Insulated DUNAWAY'S G.E. 11 E. MOUNTAIN M eaning Of Old, TrustedV^ordsBeingStrained cline. --The crime rate, still known popularly as the prime rate, or the borrowing charge that banks assess their best corporate customers. It is now around 11.5 per cent, and many borrowers are convinced it is plain robbery. Many consumers feel the same way. noting the tendency of businesses to pass on their higher costs in the form of higher prices. In 1947 the prime rate was only 1.75 per cent, or roughly one-sixth what it is Soccer Star Banned FRANKFURT, Germany -Haiti defender Ernst Jean-Joseph became the first soccer jlayer in World Cup history to K banned from the champion- hips because he admittedly took a prohibited drug. now. Ironically, the Justification offered for high interest rates is that they are anti-inflationary. The Federal Reserve Board, for example, insists that a tight-money, high-interest rate policy is needed to c u r b inflation. --Ravings, sometimes known as savings. The latter term still might be serviceable if money left in the bank really grew. But it seldom does anymore. It can't grow, in fact, if the rate of inflation exceeds the interest In the 12 months prior to April. c o n s u m e r prices i rose 10.2 per cent, far exceeding the h i g h e s t rates that savings institutions are allowed to pay. The highest permissible rate on savings accounts is less than 8 per cent, compounding included. The net result is a loss of buying power, whereas the word "saving" suggests t h a t something is maintained or even added to. --The fudge-it, also called the budget. Most families have what they call a budget to help them allocate funds to aid them In using their money wisely, to help prevent waste. But then they fudge. An increasingly common technique for living on a busied budget is to borrow money in order to meet bills. The appearance of a budget remains, but its guidelines are ignored, often out of necessity. The budget is fudged. Pass through -- remember the term; it has become the popular justification for price increases. The raw material supplier passes through to the manufacturer who passes through to the wholesaler. On through the system the in crease moves, passed like i bucket of water from one to another until it reaches you. And that's where the bucket stops; you're left holding it. U.S. Takes Sweep BIRMINGHAM, England -Led by Billy Martin and Alex Mayc . the United Stales swep 1 rlaml 5-0 iti the opener o Switz the 4-nation Windmill tennis ment. P E R R Y A N D · 5 F E H R Y A N D JANITORIAL SERVICE Established company it expanding to a limited number of n«w customers. If you would like for us to come discuss the cost of your service, call our answering service at 521-8480. l · · · · · · ·· · ···· · S P E R R Y A N D · S P E R f i Y A N KUTCHIN50N ·MUTCMINSO Highway 71 S. and Hwy. 120 West Fork, Ark. 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