Irish
08-11-2004, 06:58 PM
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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
forpersons 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, former 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 watch how fast they would fix it.
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
forpersons 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, former 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 watch how fast they would fix it.