Glossary of Social Security
Disability Law Terms
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Legal
Glossaries Index
Treasury bonds:
Funds in the Social Security trust fund that are not
used for paying current benefits and expenses are required by law to be invested
in U.S. Treasury securities. These securities pay market-based interest to the
trust funds.
Trust funds:
Accounts run by the Treasury Department that take in
payments to the Social Security system, pay benefits and administer the program.
Trustees:
The board of four government officials and two citizen
representatives that manages the Social Security Trust Funds.
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