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Review of Public Administration and Management

ISSN: 2315-7844

Review of Public Administration and Management

Social Security Funds

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Social Security Funds

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The Social security funds program runs a surplus, there will be excess funding available for the Social Security  that year. The excess funds are diverted to one of the trust funds. The money in the trust fund is used by the treasury in the form of treasury bonds. The treasury bonds provide interest on the money in the trust funds, and if the program sees a deficit, the excess funds from previous years plus any interest earned is used to pay beneficiaries.Government managed savings charges and other salary are stored in these records, and Social Security advantages are paid from them. The main purposes for which these trust stores can be utilized are to pay advantages and system regulatory expenses. The Social Security trust stores hold cash not required in the present year to pay advantages and authoritative expenses and, by law, put it in extraordinary Treasury bonds that are ensured by the Government. A business sector rate of premium is paid to the trust reserves on the securities they hold, and when those securities achieve development or are expected to pay advantages, the Treasury reclaims them.

Related Journals of Social Security Funds
Review of Public Administration and Management Journal, Arabian Journal of Business and Management Review, Journal of Civil & Legal Sciences, Journal of Entrepreneurship & Organization Management, Journal of Mass Communication & JournalismJournal of Political Sciences & Public Affairs, Journal of Derivatives and Hedge Funds, International Social Security Review, Social Security Bulletin,International Social Security Review, Administration in Social Work, Affilia - Journal of Women and Social Work

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