Socia Security Retirment?
Does anyone know if this is true - Professor
IT DOESN'T MATTER IF YOU ARE REPUBLICAN OR DEMOCRAT!
KEEP IT GOING!!!!
2004 Election Issue!!
GET A BILL STARTED TO PLACE ALL POLITICIANS ON SOC. SEC.
This must be an issue in "2004". Please! Keep it going.
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SOCIAL SECURITY:
(This is worth reading. It is short and to the point.)
Perhaps we are asking the wrong questions during election years. !
Our Senators and Congresswomen do not pay into Social Security and, of
course, they do not collect from it.
You see, Social Security benefits were not suitable forpersons of their
rare elevation in society.They felt they should have a special plan for
themselves. So, many years ago they voted in their own
benefit plan.
In more recent years, no congressperson has felt the need to change it.
After all, it is a great plan.
For all practical purposes their plan works like this:
When they retire, they continue to draw the same pay until they die.
Except it may increase from time to time for cost of living
adjustments..
For example, former Senator Byrd and Congressman White and their wives
may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred
Thousand Dollars), with their wives drawing $275,000.00 during the last
years of their lives.
This is calculated on an average life span for each of those two
Dignitaries.
Younger Dignitaries who retire at an early age, will receive much more
during the rest of their lives.
Their cost for this excellent plan is $0.00. NADA....ZILCH....
This little perk they voted for themselves is free to them. You and I
pick up the tab for this plan. The funds for this fine retirement plan
come directly from the General Funds;
"OUR TAX DOLLARS AT WORK"!
>From our own Social Security Plan, which you and I pay (or have paid)
into,-every payday until we retire (which amount is matched by our
employer)-we can expect to get an average of $1,000 per month after
retirement.
Or, in other words, we would have to collect our average of $1,000
monthly benefits for 68 years and one (1) month to equal Senator! Bill
Bradley's benefits!
Social Security could be very good if only one small change were made.
That change would be to:
Jerk the Golden Fleece Retirement Plan from under the Senators and
Congressmen. Put them into the Social Security plan with the rest of us
then sit back.....
and watch how fast they would fix it.
If enough people receive this, maybe a seed of awareness will be planted
and maybe good changes will evolve.
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