Social Security taxes are supposed to fund Social Security, period.
This would mean partially privatising Social Security, letting people set up individual retirement accounts and use part of their payroll taxes (which now fund Social Security) to invest in the stockmarket.
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Officials say the proceeds will fund increased security and restoration work around Rome.
Also missed by this commentator was that the funds taxed away from the citizenry to fund Social Security are rapidly dwindling.
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The UK will fund Afghan security forces after British combat operations in their country cease in 2014, the defence secretary has said.
Under the Safer Homes Fund, security is to be beefed up in more than 45, 000 homes with the elderly and lowest paid getting new window and door locks.
Payroll taxes currently fund Social Security benefits, right?
As a result, the rate of payroll taxes for workers used to fund Social Security will increase from 4.2% (which was in place for the previous two tax years) to 6.2% as of January 1, 2013.
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Agencies must incorporate security into the architecture of their information and systems to ensure that security supports agency business operations and that plans to fund and manage security are built into life-cycle budgets for information systems.
Thanks to Form PF, the burden of building the technology infrastructure to calculate and format aggregated fund-level security, market and sector exposures, and other non-financial risks, has been addressed by fund administrators.
Congress spent these surpluses, and the U.S. Treasury issued the Social Security Trust Fund special bonds, which can be redeemed whenever the Social Security system has a current account deficit.
Besides the main social-security fund, Argentina has an expensive mish-mash of health and welfare schemes, riddled with duplication and fraud.
China also has a centrally administered social-security fund of around 130 billion yuan which is planning to invest more in equities.
The DI trust fund is expected to dry up in 2018, 22 years before the trust fund for Social Security retirees does.
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Let's set up a new trust fund for Social Security with a charter to invest the money solely to get a good return.
Expenditures for social and cultural measures are also undertaken by enterprises and organizations, by the Fund for social security of population, trade unions etc.
The NAO also raised concerns that the government had yet to say how it would demonstrate value for money for the multi-million pound cyber security fund.
Add in the big contributions that employers must make to China's national security fund system and the total cost of an employee can be double his basic pay.
On June 19th it ordered all state-owned firms that had listed on the stockmarket since 2005 to transfer 10% of their shares to the National Social Security Fund to shore up its assets.
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Much of the world has used the opportunity provided by the 2003--05 flood of Greenspan dollars to increase the soundness of their monetary systems, create permanently lower tax rates and, for some, fund their social security systems.
So tonight, I propose we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good.
The Medicare portion was never cut, but the social security portion was reduced mainly because the social security fund is still bringing in more money from tax receipts than it is paying out in benefits at this time, says Abdur Chowdhury, a professor at Marquette University and economic advisor to the Chicago Federal Reserve.
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At its inception the Social Security Trust Fund and other trust funds were held Sacrosanct, i.e.
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Well, when we get back to fiscal responsibility, we'll start paying back the Social Security Trust Fund.
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That same amount will be credited to the Social Security Trust Fund, in the form of Treasury securities.
The Social Security trust fund bonds are explicitly backed by the full faith and credit of the United States.
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And besides, they insist, the Social Security Trust fund would be made whole through transfers from the general fund.
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The commission members who opposed privatisation wanted to underpin the solvency of the Social Security trust fund by raising contribution rates.
Quite simply, because the diversion of funds to individual accounts would reduce the money available to the Social Security trust fund.
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