Social Security Offers Simplified Form on Retirement Benefits

The Social Security Administration today unveiled an easy-to-read form that will give workers of any age individual financial notices of how much they can expect to receive when they retire.

The new “Personal Earnings and Benefit Estimate Statements,” promised by President Reagan in his last State of the Union address, also disclose how much a worker and family would get each month in disability or survivors’ benefits.

The new financial statements will be available free to anyone who has paid Social Security taxes, is under 65 years old and is not yet drawing Social Security benefits.

Some private companies charge people for making the kind of estimates that Social Security now will be doing free.

The public can call a toll-free number--1-800-937-2000--to request copies of the disclosure form, SSA-7004.