2008 Election Issue: SOCIAL SECURITY
(This is worth the read. It's short and to the
point.)
Perhaps we are asking the wrong questions
during election years. Our
Senators and Congress men & women 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, 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.
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
(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.
If enough people receive this, maybe a seed of
awareness will be planted
and maybe good changes will evolve.
How many people can YOU send this to?
Want to look anything up?
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