Fsm social security administration 2025

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You create beneficiary records so that an employees relative or friend will receive benefits from a plan, such as life insurance, in the event of the employees death.
The FSM social security programs purpose is to provide a means whereby employees may be ensured a measure of financial security in their old age and be given an opportunity for leisure without hardship and complete loss of income, and, further, to provide survivors insurance for wage earners and their dependents.
The Death Master File (DMF) from the Social Security Administration (SSA) is a data source that contains more than 94 million records. The file is created from internal SSA records of deceased persons possessing social security numbers and whose deaths were reported to the SSA .
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Your Social Security Statement (Statement) is available to view online by opening a my Social Security account. Millions of people of all ages now use these online accounts to learn about their future Social Security benefits and current earnings history.
Master Beneficiary Record (MBR) Generally, the MBR consists of a system of electromc records that contam certam mformation about all. Social Secunty beneficianes who are, or were, entitled to receive Rettrement and Survivors Insurance.
The Master Beneficiary Record contains information about each claimant who has applied for retirement, survivors, or disability benefits or who is to be enrolled in the Hospital Insurance or Supplementary Medical Insurance program.
Social Security benefits may be paid to you and certain members of your family if you are insured, meaning you worked long enough and paid Social Security taxes. Unlike Social Security benefits, SSI benefits are not based on your prior work or a family members prior work.
Information about beneficiaries needed to administer the OASDI program resides on SSA s Master Beneficiary Record ( MBR ) file, which in December 2004 contained records for approximately 47 million individuals who were entitled to receive an OASDI benefit for that month.

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