fansince62 Posted July 18, 2002 Share Posted July 18, 2002 SOCIAL SECURITY: > > > >Perhaps we are asking the wrong questions during > > > >election years. Our Senators and Congressmen do not > > > >pay into Social Security and, of course, they do not > > > >collect from it. Social Security benefits were not > > > >suitable for persons of their rare elevation in > > > >society. > > > > > > > >They felt they should have a special plan for > > > >themselves. Many years ago they voted in their own > > > >benefit plan. In more recent years, no congress person > > > >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), with their wives drawing $275,000.00 > > > >during the last years of their lives. This is > > > >calculated on an average life span for each. > > > > > > > >Their cost for this excellent plan is $00.00. 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 $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 (l) month to equal Bradley's > > > >benefits! > > > > > > > >Social Security could be very good if only one small > > > >change were made. And 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 and then watch how > > > >fast they would fix it Link to comment Share on other sites More sharing options...
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