Glossary of Social Security Disability Law Terms
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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.