Newspapers / The Charlotte Labor Journal … / July 20, 1950, edition 1 / Page 7
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Senate Hikes Social Security Payments WASHINGTON.—The following tables show the social security changes approved by the Senate as compared with present levels and the changes approved by the House last year: .maximum Present House Senate Fam. (1) $10 $25 $20 $40 IB 31 31 60 20 36 37 69 26 44 . 43 78 Maximum Present House Senate Fam. (1) 51 51 113 55 62 145 60 68 150 64 72 150 UJ' eame ior both House and Senate bills. (Example: A retired worker now receiving $30 a month would receive $51 under the House bill or $56 under the Senate bill. His maximum family benefit would be $113.) Benefit for Worker With Fire Years* Fall Coverage Avfrage Monthly Wage Present House Senate $ 60 $21 $26 $26 100 26 61* 60 160 32 66 68 200 37 62 66 260 42 67 72 300 42 72 80 Benefit for Worker With 40 Yean’ Full Coverage Average Monthly Wage Present House Senate $ 50 $28 $30 $25 100 86 60 50 150 42 66 58 200 49 72 65 250 66 78 72 300 66 84 80 A widow of a covered worker receives three-quarters of the ben efit her husband would have received. A retired worker receives an additional 50 per cent of his bene fit when his wife reaches 65. He would also receive an extra three quarters of his benefit for his first child under 18 when he retires. For each additional child under 18, he receives an extra 50 per cent of his benefit. The maximum family benefit a worker can receive per month under the House and Senate bills is $150—or 80 per cent of his average monthly wage. Present law has an $85 ceiling for fam ily unit benefits. EFIRD'S DEPARTMENT STORE QUALITY MERCHANDISE AT POPULAR PRICES 146-154 Main St. _-—t Gastonia, N. C. C. R. WILLMAN PLUMBING & HEATING CO. Telephone 8246 1212 Gordon St. CHARLOTTE. N. C. ANNIVERSARY GREETINGS * ISENHOUR BRICK & TILE CO., Inc. PHONE 3966 SALISBURY. N. C. GREETINGS L J BRAWLEY CONSTRUCTION CO. T«L 1698-W STATESVILLE, N. C. ANNIVERSARY GREETINGS Wilson-Ledford Construction Co. 202 S. Columbia Tal. 5-1596 \ ■' GASTONIA, N. C. It’s Your Two Bucks Vs. AM A Three Million Washington. — Maybe you’ll want to give $2 immediately or make another contribution to Labor’s League for Political Ed ucation after you read this. The American Medical Associ ation <AMA) is going to be in the middle of every political cam paign throughout the nation this year.' Its $3 million propaganda cam paign against national health in surance will reach a climax shortly before the .November elections. More than a third of the AMA’s campaign chest will be • spent in October for newspaper.1 magazine and radio ads. The AMA announced June 26 at its annual convention in San Fran cisco: A total of $560,000 will be spent for 5-column ads to be published in 11,000 daily and weekly newspapers the week of October 8. Full-page ads costing $250,000 will be run in 30 of the largest national magazines at about the same time. Three hundred radio stations will use hundreds of minute and half-minute AMA announcements in October. They will cost $300. 000. The rest of the $3 million— about $1.9 million—will be spent on such . things as pamphlets, luncheon club speakers and or tranization of AM A • run health insurance plans. The AMA rets its money by collecting $25 in dues from 144, 500 doctors. Almost all doctors belong to the AMA. The campaign against health insurance has been timed to hit every part of the country juatj as the 1950 congressional cam paigns are at their peak. Already this year the AMA has been active in primary cam paigns. It claims to have been an important factor in the de feat of Democratic Senator Claude Pepper in Florida. In 1948 the AMA spent $1.5 million to fight national health! insurance, bringing its outlay for propaganda funds within a 2 year period to $4.5 million. CO-OP SCHOOL Detroit, Mich. — Scholarship money from two memorial funds is available for the seventh an nual Labor and Co-op Institute at the School for Workers at the University of Wisconsin. Madi-j son, Wis..' August 6-12. The institute is sponsored and! conducted by the Council for Co operative Development, 12460 Conant Ave., Detroit, Mich., la bor s arm for direct consumer action in the economic field. Arnold Zander, president AFL State, County and Municipal l Workers, is on the faculty of the institute which is designed to train co-op leaders among offic ers, committeemen and education al committee members of unions and co-operatives. Buy Gompers stamps! * aw U£4 V Etff ' r ANNIVERSARY GREETINGS Y. C. BALLEN6ER ELECTRICAL CONTRACTOR Specialists in Pole Line Construction No Job Too Large—No Job Too Small / Phone 2-2311 P. 0. Box 1592 North Church Street SPARTANBURG. SOUTH CAROLINA Greetings To Labor Gaston County Dyeing Machine Company Stanley, N. C. /KNOW UJHAT/UKE \ "I like the storytelling hour with the younger chil dren, scrubbed rosy and shiny as prize apples . . . looking so trustingly into the future. "I Hke the Great Days . . . Christmas and Easter and Graduation. Especially this year, with Bobby ready to start college in the Fall (and, thank heavens, his education fund safely put away). "I the snug feeling inside our house when I lie awake at night... especially rainy nights. Knowing it’s ours, paid for and secure.” You don*t need to know much about money to know that these arc things worth saving for. 4 You needn't be a financial wizard to figure out that the regular purchase of U.S. Savings Bonds is as safe, profitable, and sure a way of saving as has ever been invented. Now, today, ia the time to join the Payroll Savings Plan at your oflice, or the Bond-A-Month Plan at your bank. So sign up! Declare your family's future independence and safety. OatmStk Aouvfl^ (A Aim Atum/j-llC gatmji Bondi
The Charlotte Labor Journal and Dixie Farm News (Charlotte, N.C.)
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July 20, 1950, edition 1
7
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