ADVERTISEMENT

Interesting social security points I learned yesterday

viviajm

Ring of Honor
Gold Member
May 14, 2004
17,148
3,460
0
82
Liberty, MO
There will definitely be a discussion on a fix for social security in the near future. There a actually two funds. Social security will last as it is until 2033-meaning at that point there will not be enough money to make full payments. The other fund is the disability fund and that hits the brick wall in 2014, meaning they will no longer be able to make full payments. This should drive talks. There were also several comments made regarding what some of us may think are easy fixes. For example, raising the dollar amount taxable would have a hard impact in that that would mean employers would then have to pay more. The idea of the wealthy (like Buffet) not getting it is a bad idea in that he paid in and we shouldn't crack the sanctity of the agreement. That leaves age adjustments which would further penalize those in physically hard jobs. However, the one thing that is necessary IMO is that SS is an issue that has no business being a political issue and tied to any other budget issues.

Another point made is that illegal immigrants are not getting SS benefits unless they have a valid SS account and 40 quarters of participation.

Posted from the Jayhawk Slant App
Posted from wireless.rivals.com[/URL]
 
ADVERTISEMENT
ADVERTISEMENT

Go Big.
Get Premium.

Join Rivals to access this premium section.

  • Say your piece in exclusive fan communities.
  • Unlock Premium news from the largest network of experts.
  • Dominate with stats, athlete data, Rivals250 rankings, and more.
Log in or subscribe today Go Back