View Single Post
Old 02-14-2013, 09:20 AM   #17
P-3 Guy
Senior Member
 
P-3 Guy's Avatar
 
Join Date: Apr 2011
Location: Under the former KNHZ bounce pattern
Posts: 504
Thanks: 4
Thanked 213 Times in 116 Posts
Default

Quote:
Originally Posted by SAMIAM View Post
Sounds like a cheerleader for higher taxes.....just a reminder,SS is not a benefit that we "think" we're entitled to.It is OUR money....contributed over a lifetime of working........this is why we don't have a political thread on the forum.
No, not a cheerleader for higher taxes, just explaining the facts, which so often get lost in discussions like this.

And yes, as a contributory retirement system, anyone who pays into SS is entitled to benefits. The question is, HOW MUCH? Because as the system is currently set up, on average the benefits obtained exceed the contributions made. How much more than YOU contributed over your working life are YOU entitled to once you start collecting benefits?
P-3 Guy is offline   Reply With Quote