Report 1958

Cover Report 1958
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By July 1, 1958, Old Age, Survivors' and Disability Insurance had been extended to the majority of public employees in Montana with 24,348 now participating. This is approximately 97.4% of the total estimated number of public employees who could be covered under Old Age, Survivors' and Dis- ability Insurance. All state departments, all component units of the Greater University of Montana, all counties, the majority of cities, towns, first and second class school districts, and many other politi
...cal sub- divisions, have provided Social Security coverage for their public employees so that the number remain- ing is to be found principally in the smaller political divisions of the state.
INCOME AND DISBURSEMENTS July 1, 1957 to June 30, 1958 Assets as of June 30, 1957 $ 130,870.77 INCOME FOR YEAR ENDING JUNE 30, 1957: Employee and Employer Contributions $3,157,885.51 Contribution to Expense 40,376.95 TOTAL INCOME $3,198,262.46 BALANCE CARRIED FORWARD $3,329,133.23 DISBURSEMENTS FOR YEAR ENDING JUNE 30, 1958: Capital Disbursements: Refund on Contributions $ 181.52 Refund on Administrative Expense 8, 1 20.47 Payment of 4%-4V'2% to the Treasurer of the United States 3,033,874.88 TOTAL CAPITAL DISBURSEMENTS $3,042,176.87 Disbursements for Administrative Expense: Salaries - - $ 19,253.88 Travel, Employees 1 ,893.38 Telephone-Telegraph 549.68 Printing 453.37 Postage 148.00 Supplies - 979.76 Contributions to PERS— Employer.


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