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Fund Estimated Activity (In billions b dollars)_part5

60 Quốc hội thành lập Quỹ tín thác Tỷ lệ thất nghiệp trong 193 5 để cung cấp hỗ trợ thu nhập cho người lao động thất nghiệp đã bị mất việc làm của họ không phải do lỗi của riêng mình. Một hệ thống độc đáo của quan hệ đối tác Liên Bang và Nhà nước quản lý chương trình bảo hiểm thất nghiệp | ỉ ị 60 Stewardship Information Unemployment Insurance . Congress created the Unemployment Trust Fund in 1935 to provide income assistance to unemployed workers who have lost their jobs through no fault oftheir own. A unique system of Federal and State partnerships administers the unemployment insurance program. Although established in Federal law State officials execute the program through conforming State laws. The Federal Government provides broad policy guidance and pro- A unique system of Federal and State partnerships administers the unemployment insurance program. Unemployment Fund Estimated Activity Unemployment Trust Fund Present Value Estimates in Nominal Dollars for the Period of 10 Years Into the Future Beginning September 30 1998 In billions of dollars . gram direction through the oversight of the Department of Labor. Meanwhile State unemployment insurance statutes administered by State agencies establish program details. Federal and State unemployment taxes levied on subject employers finance the Unemployment Trust Fund. Those funds are deposited in the Unemployment Trust Fund and reported as Federal tax revenue. The total assets within the Unemployment Trust Fund exceeded liabilities by 72.1 billion. This fund balance approximates the accumulated surplus of tax revenues and earnings on these revenues over benefit payment expenses. It is available to finance benefit payments in the future when tax revenues may be insufficient. Treasury invests this accumulated surplus in Federal securities. The net value of these securities as of September 30 1998 was 70.6 billion. This is trial version www.adultpdf.com Present value of actuarial contributions to September 30 2008._ 393-7 Present value of actuarial expenditures Q 1-7 5 to September 30 2008. Excess of contributions over expenditures . . 46.1 Assets in the Unemployment Trust Fund 72.1 as of September 30 1998 Note 17 . - Stewardship Information 6 I Current Services Assessment The Current Services .