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A federal program which pays benefits for 3 types of circumstances: retirement, disability, or death. In addition, health benefits under Medicare are provided to social security recipients.
Employees are automatically covered under social security from the first day of employment. There are no waiting periods and no enrollment forms need to be completed.
The State matches employee contributions to social security at the rate of 7.65% with a maximum wage base that fluctuates each year.
Additional information on social security benefits is available in the Social Security Handbook.