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sunwest
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Joined: 12 Nov 2006
Posts: 104
Location: Phoenix, AZ
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 Posted: Tue Mar 20, 2007 10:20 am Post subject: Social Security - A Must Read Topic! |
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I got the following in an email today, and being on Social Security myself, I thought it was appropriate to pass along. If you agree with the idea proposed, why not tell others?
| Quote: | 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 Representatives in Congress do not pay into Social Security and, of course, they do not collect from it.
You see, Social Security benefits were not suitable for persons 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, 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 see 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.
How many people CAN you send this to?
Better yet......
How many people WILL you send this to ? |
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Bob Mateer
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easyearn
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Joined: 18 Feb 2008
Posts: 31
Location: The beautiful South Western USA
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| Posted: Fri Feb 22, 2008 11:41 am Post subject: Helo |
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Thanks for sharing this information.
"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.. "
Is this for real?
Lissa
www.15months.biz/feb08
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sleepyhead
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Joined: 28 Feb 2008
Posts: 5
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| Posted: Fri Feb 29, 2008 12:52 am Post subject: |
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Yeah, thanks for this one.
It really gives us the information we need.
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sunwest
Site Admin
Joined: 12 Nov 2006
Posts: 104
Location: Phoenix, AZ
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| Posted: Fri Feb 29, 2008 10:50 am Post subject: |
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Yeah, but it really ticks me off as I am retired from the US Civil Service, and when I applied for my Social Security payments, I found that my benefits were cut in half by these guys just because I happened to be also drawing a government pension.
It's easy to tamper with someone else's money when it doesn't affect you.
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Bob Mateer
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