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OT: Social Security

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  • OT: Social Security



    This was forwarded to me twice in the last 48 hours. It's a bit crude, but the
    message has never been more timely.

    Dad
    - - - - - - - - - - - - - - - - - - - - - - -

    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 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 congressmen 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 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.

  • #2
    Social Security

    Top Post: Excellent!!

    Kathy 1

    AdoptaDad <[email protected]> wrote in message
    news:[email protected]ol.com...
    This was forwarded to me twice in the last 48 hours. It's a bit crude,
    but the
    message has never been more timely. Dad - - - - - - - - - - - - - - - - - - - - - - - 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 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 congressmen 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 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.

    Comment

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