Purpose
Created as fund outside the Treasury to hold, separate from all public money of the state, payments collected under the Old Age and Survivors Insurance Act from participating counties, municipalities, other political subdivisions to defray the costs of administering the OASI program at the state level.
| Classification | Group 13: Local Trust [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund 0001. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
USAS Values
| USAS Title | SOCIAL SECURITY ADMIN TR ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 13 - LOCAL TRUST |
| USAS Status | A |
Funds held outside the state treasury in a trustee capacity for individuals, private organizations or other governmental entities. Includes assets belonging to individuals and other entities held temporarily in a custodial capacity.