SOCIAL SECURITY:
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 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.
