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SS, SSI Funding Sources Separate

By DEL BROOKS Social Security Manager in Wildwood Although the Social Security cash benefits programs and the supplemental security income (SSI) program are administered by the Social Security Administration, the sources of funds required to finance the progams are entirely different. The Social Security insurance programs are financed almost exclusively by a payroll tax. levied against the earnings of workers in Social Securitycovered employment, their employers, and the selfemployed. THE TAXES collected are intended to approximate Social Security expenditures; any excess is kept in trust funds and serve as a reserve. By law, these funds can be invested only in Federal securities. The Social Security cash benefits programs, retirement and suvivors insurance and disability insurance have their own trust funds. SSI provides benefits to needy people 65 and over or blind or disabled with low income and few resources. Unlike Social Security, eligibility for SSI is based on financial need. The program is financed through general revenue funds. -» SSI PROVIDES a nationally uniform, standard benefit amount for individuals and couples: however, the amount actually paid varies in rela-

tion to any other income they may have, including Social Security benefits, and their living arrangements. In addition, many states supplement the federal payment. Each state determines the amount of its supplement in accordance with the needs and Computer Use Added By Calloway WILDWOOD CREST - Calloway Realty. 7601 Pacific Ave., through Mary A. Freal, broker/owner has announced the completion of the installation of a computer terminal and the training of personnel in its use. "This equipment is the most modern available," said Freal. "Our people can now run computer printouts instantly to search the latest listings of homes and other real estate available through the Greater Wildwood Cape May County Board of Realtors. "In addition, we can analyze investments, print mortgage amortizations, estimate cash flow and depreciation, and get periodic lists of new offerings for prospects Real estate is a service business and this new equipment will enable us to serve the people better than ever before "

MIDLANTIC/ UNION TRUST Serving Cape May County For Over 75 Years. Free from the yy Hungry Bankers I s at Midlantic/ I /To get your ■w ) /s:s£Z / Savings Account for / $100 or more or add ^ / at least $100 to your / current Statement Sav- / ings Account, and you .v., on ^ f receive an attractive H I Midlantic Union Trust base|H j ball cap.* Plus you can earn H B"m / 5.5% interest on your money. / When you stop by at any of our / conveniently located branches in " *"L°"° y Wildwood, Wild-wood Crest, North *[ Wildwood, Avaion, or North Cape May # WILDWOOD ,A_ | to pick igi your free cap, ask your #n cape may ,y Hungry Bankers about our high rates / ★ wildwood / 011 Money Market Accounts, Short or I crest/ Long Term CD's, NOW Accounts, and IRA's. 1 We're the Hungry Bankers. Midlantic/Union Trust— a subsidiary of Midlantic Banks, Inc. with 9.2 billion dollars in assets and 300 offices state-wide. MidIantic / Union Trust Member FDIC An Equal Opportunity Lender ' Deposit must remain in the account for at least six months

10 Reasons to Enroll at Cumberland County College

1 . Academic Excellence 2. Bargain Tuition Rates 3. Fully-Accredited Courses 4. Flexible Course Scheduling 5. Career Education

6. Transfer Programs 7. Supportive Services 8. Convenient Location 9. Job Skill Upgrading 10. Personal Growth

Let's Get Acquainted Cumberland County College will conduct Orientation Sessions Tuesday, August 27 from 3 to 6 p.m. Following orientation, a picnic featuring free refreshments and entertainment will be held on campus. For further information and a free fall semester schedule, please call (609) 691-8600. ext. 223 or visit our Admissions Office. Discover educational excellence at nearby Cumberland County College. Fall Semester Registration Cafeteria September 4 9 a.m. to 7:30 p.m. September 5 ...9a.m. to 7:30 p.m.

■I rJ umberland county college V P.O. Box 517 Vineland, N.J. 08360 (609) 691-8600

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