Workers who wait to collect Social Security, up to age 70, will receive higher monthly benefits. This tax, levied on both employers and employees, funds Social Security and is collected in the form of a payroll tax or a self-employment tax. It is one of the best place for finding expanded names. The State Security Service (SSS), self-styled as the Department of State Services (DSS), is a security agency of Nigeria and one of three successor organisations to the National Security Organization (NSO). "Benefits for Children." Geometry K.5 SSS, SAS, ASA, and AAS Theorems LER. Its main responsibilities are within the country and include counter-intelligence, internal security, counter-terrorism, and surveillance as well as investigating some other types of grave crimes against the state. Do-Over Option: Allows Social Security recipients to remove their original application for benefits and re-file at a later age. SSC stands for Staff Selection Commission It is an Indian organization which appoints staff for various posts in the various ministries and department of the government of India. Social Security Administration. Same-store sales is a financial metric that companies in the retail industry use to evaluate the total dollar amount of sales in the company's stores that have been operating for a year or more. Any of several diseases of the sinoatrial node of the heart in which the node fails to generate impulses appropriately, resulting in long pauses, bradycardia, or bradycardia alternating with tachycardia. The SSS calculator will show you two sets of monthly pension amounts: one for when you retire at age 60 and another for when you retire at 65. The SSS rule states that: If three sides of one triangle are equal to three sides of another triangle, then the triangles are congruent. Accessed April 24, 2020. Accessed April 24, 2020. While best known for retirement benefits, it also provides survivor benefits and disability income. Add your answer and earn points. That includes surviving spouses who are 60 or older, or 50 or older and disabled, provided they have not remarried. Learn more about payroll taxes here. Accessed April 24, 2020. It is equal to the total contributions paid by the member and by the employer including interest. Chain Store Sales: An indicator that provides information on the monthly sales volumes from chain stores. If the triangles have same size and shape whose corresponding sides are equal and corresponding angles are equal are known as congruent triangles. See more words with the same meaning: acronyms (list of). People who can’t work due to a physical or mental disability that is expected to last for a year or more—or result in death—may be eligible for Social Security disability benefits. Definition; SSS: Selective Service System (US government) SSS: Side Side Side (geometry) SSS: Student Support Services: SSS: Sunshine State Standards (Florida) SSS: Social Security System (Philippines) SSS: Shadow Security Scanner: SSS: Small Sample Size (biometrics) SSS: Socket Set Screw (fastener) SSS: Stainless Steel Sink: SSS SSS Full Form is Securities Settlement System. You can learn more about the standards we follow in producing accurate, unbiased content in our. The program started in 1935 with the signing of the Social Security Act, which was an effort to provide a safety net for the millions of people who had suffered through the Great Depression. Old-Age, Survivors, and Disability Insurance (OASDI) Program, Old-Age, Survivors, and Disability Insurance (OASDI), 8 Types of Americans Who Won't Get Social Security, The New Social Security Rules for Spouses, Children of retirees can also receive benefits until they turn 18, youngest baby boomers begin to collect Social Security, Congress will need to find ways to plug the gap, Social Insurance Programs: Program Principles: No Means Test, Your Retirement Benefit: How It’s Figured, Benefits Planner: Survivors - If You Are the Survivor, Historical Background And Development Of Social Security. Social Security Administration. Within five (5) days after entry in the logbook, the employer shall report to the SSS those contingencies it deems to be work-connected. There are two types of retirement benefit: monthly pension - a lifetime cash benefit paid to a retiree who has paid at least 120 monthly contributions to the SSS prior to the semester of retirement. A surviving spouse who is caring for a child who is younger than 16 or is disabled may be eligible for these benefits too., For children to receive benefits, they must generally be younger than 18 or disabled. If the bulk of a company's revenue increase comes from opening new stores, this can indicate that demand for the company's products is flattening out and that little future revenue growth can be expected once the company reaches a saturation point in terms of total locations. Accessed April 24, 2020. Family members of disabled workers can also be eligible., The spouse and children of a deceased worker may be eligible for survivor benefits based on the worker’s earnings record. Social Security Administration. Accessed April 24, 2020. Inorganic growth is business growth that arises from acquisitions or opening new stores rather than an increase in the company's current business. Accessed April 24, 2020. Social Security Administration. This page is all about the meaning, abbreviation and acronym of SSS explaining the definition or meaning and giving useful information of similar terms. What is the full meaning of SSS . SAS is an integrated system of software solutions that enables you to perform the following tasks: data entry, retrieval, and management We also reference original research from other reputable publishers where appropriate. Pages 1-2. Accessed April 24, 2020. Investopedia requires writers to use primary sources to support their work. Social Security Administration. Same-store sales figures are expressed as a percentage that indicates the relative amount of revenue increase or decrease. To qualify for Social Security retirement benefits, workers must be at least 62 and have paid into the system for 10 years or more. SSC-related questions: What is the full form of SSC, What does SSC stand for, What is the meaning of SSC, How SSC works? The Selective Service System’s structure consists of the National Headquarters, Data Management Center, and three Region Headquarters, with 124 full-time employees authorized. Visit to know long meaning of SSC acronym and abbreviations. "If You Are Divorced." "How is Medicare funded?" When the reserves for each fund are depleted, the taxes coming in from active workers will be enough to pay about 76% of the benefits to retirees and 92% of the benefits to disability beneficiaries. If that prediction holds, Congress will need to find ways to plug the gap, which might mean higher taxes on workers, lower benefits, higher age requirements for retirees, or some combination of these elements. The money that is not spent remains in the trust funds., A Board of Trustees oversees the financial operation of the two Social Security trust funds. Page 1. Read more: When is the Best Time to Claim Your SSS Pension? The Disability Insurance Trust Fund (DI) is one of two Social Security Trusts which pays benefits to individuals incapable of gainful employment. dchizaram7 is waiting for your help. Same-store sales are also referred to as comparable-store sales, SSS or identical-store sales. Social Security Administration. Accessed April 24, 2020. Additionally, same-store sales figures can be helpful to retail chain management in making future decisions regarding existing stores and new locations. To amend the NSA Act, in order to change the name to DSS,requires constitutional amendment,so they just did it anyway, hoping Nigerians, as usual,wont notice or call them to right. For example, a decline in sales revenues might result from a new or existing competitor offering lower prices on key items that the company's stores sell. Social Security Administration. A reliable management team would acknowledge poor same-store sales growth, identify the reason for the weakness and decide whether to close stores or make changes to the business to increase popularity. U.S. Centers for Medicare & Medicaid Services. "Benefits For You As A Spouse." Workers pay into the program, typically through payroll withholding where they work. The offers that appear in this table are from partnerships from which Investopedia receives compensation. However, they will receive a higher monthly benefit if they wait until their “full retirement age”—66 for people born in 1954, then add two months for each year until reaching 1960, at which point 67 becomes the new full retirement age for all—and an even higher one if they wait as late as age 70, at which point their benefit maxes out.  Workers can get a projection of their benefits at different retirement ages by using the Retirement Estimator on the SSA website. Under certain circumstances a stepchild, grandchild, step-grandchild, or adopted child may also qualify for benefits., Parents age 62 or older who were dependent upon a deceased worker for at least half of their income may also be able to collect benefits. Social security is a federal program that provides income and health insurance to retired persons, the disabled, the poor, and other groups. Accessed April 24, 2020. see more » Last edited on Jul 19 2011. "What are the Trust Funds?" How Market Penetration is Used by Companies to Gain Market Share. Accessed April 24, 2020. Get SSC full form and full name in details. "2020 OASDI Trustees Report: Overview." For instance, the company may have taken on debt to finance the new store openings, deteriorating the quality of its financial position. SS, abbreviation of Schutzstaffel (German: “Protective Echelon”), the black-uniformed elite corps and self-described “political soldiers” of the Nazi Party. Investors and market analysts prefer to see significant increases in same-store sales figures. share to google Social Security Administration. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Same-store sales statistics provide a performance comparison for the established stores of a retail chain over a given time period, such as a fiscal year or quarter or a calendar year or quarter, comparing revenues for the current period to the same period in the past, for example, comparing first-quarter 2016 revenues to first-quarter 2015 revenues. Legally, DSS doesn't exist. ; lumpsum amount - granted to a retiree who has not paid the required 120 monthly contributions. Market analysts frequently use same-store sales to determine the effectiveness of the management of a retail chain in producing revenue growth from existing assets. What underlies the numbers, however, tells the real story. Also part of Selective Service is a field structure of military Reservists and civilian volunteer board members. SSS Stands For : Surgical Stainless Steel | Sick Sinus Syndrome What is SSS ? You’ll become a member who can qualify for SSS benefits only when your employer has reported you for SSS coverage, and you’ve paid at least one-month contribution. In their 2020 report, the OASDI trustees project that the retirement fund’s reserves would become depleted in 2035, as the youngest baby boomers begin to collect Social Security. Four of the six members are the secretaries of the departments of Treasury, Labor, and Health and Human Services, and the Commissioner of Social Security, while the remaining two members are public representatives appointed by the president and confirmed by the Senate., Medicare, the federal health insurance program for Americans 65 and older and some people with disabilities, is also supported through payroll withholding, but that money goes into a third trust fund, managed by the Centers for Medicare & Medicaid Services.. All entries in the employer's logbook shall be made by the employer or any of the authorized official after verification of the contingencies … There may be more than one meaning of SSS, so check it out all meanings of SSS one by one. "Historical Background And Development Of Social Security." These include white papers, government data, original reporting, and interviews with industry experts. 2. A retailer may impress investors by reporting a certain revenue increase. Chain store sales, released on the first Thursday of … Social Security Administration. You’re not automatically covered as an SSS member when you secure an SSS number. Definition of SS (Entry 2 of 3) : a unit of Nazis created as bodyguard to Hitler and later expanded to take charge of intelligence, central security, policing action, and the mass extermination of those they considered inferior or undesirable Accessed April 24, 2020. Accessed April 24, 2020. Social Security Administration. UMID is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms UMID - … Social Security is the term used for the Old-Age, Survivors, and Disability Insurance (OASDI) program in the United States, run by the Social Security Administration (SSA), which is a federal agency. Social Security Administration. Social Security Administration. In the diagrams below, if AB = RP, BC = PQ andCA = QR, then triangle ABC is congruent to triangle RPQ. "Delayed Retirement Credits." Examining same-store sales figures is helpful to investors in determining what portion of a company's current sales revenues are a result of sales growth in existing locations and what portion is accounted for by the opening of new stores. Social Security benefits are payments made to qualified retirees and disabled people, and to their spouses, children, and survivors. Introduction to the SAS System. Same-store sales growth may have been tepid or even declined, while most of the revenue increase came from opening new stores, which may also eventually lose money. The like-for-like sales number indicates the growth or decline in revenue of products or stores with similar characteristics and historical sales periods of operation. acronym for "sorry so sloppy". Having an SSS number doesn’t mean you’re already a member and entitled to SSS benefits. The SSS pension is higher if you choose retirement at age 65. Selective Service, Selective Service System, SSS (noun) an independent federal agency that administers compulsory military service. "Quarter of Coverage." "Your Retirement Benefit: How It’s Figured." The first monthly benefits checks became payable on Jan. 1, 1940, and the first person to collect one was Ida M. Fuller, a retired legal secretary in Vermont. They can earn up to four credits each year. Looking for online definition of UMID or what UMID stands for? Citation from "The New Boss", 10 Items or Less (TV) censored in hope of resolving Google's penalty against this site. Spouses and ex-spouses may also be eligible for benefits based on their former partner’s earnings record. To qualify, you generally have to meet certain earnings tests. Meaning of the Social Security Number* One of the most urgent tasks following passage of the Social Security Act in 1935 was to devise a method for uniquely identifying the earnings records for the mil- lions of persons covered by the new law. "Social Insurance Programs: Program Principles: No Means Test." Increases or decreases in same-store sales commonly result from either price changes, changes in a store's number of customers or changes in the number of items the average customer purchases. The mission of the SSS/DSS is to protect and defend the Federal Republic of Nigeria against domestic threats, to uphold and enforce the criminal laws of Nigeria, and to provide leadership and criminal justice services to both federal and state law-enforcement organs. A payroll tax is a percentage withheld from an employee's salary and paid to a government to fund public programs. Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Accessed April 24, 2020. Social Security is an insurance program. The point of the do-over option is to … "Full Retirement Age." Check SSS Abbreviation, … The cutoff is 16 if you are caring for a child not your own.. Also, it is important to know if an increase in revenues is primarily the result of attracting new customers or the result of approximately the same number of customers making larger purchases. What Does the Like-for-Like Sales Number Show? Refers to people admitted to the United States who are granted permanent authorization to work by the United States Citizenship and Immigration Services (USCIS) (formerly INS) or admitted to the United States on a temporary basis with USCIS (INS) authorization to work. Since entitle- ment … Deferment of contributions while on leave without pay is only permitted in special circumstances such as financial hardship. 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