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Topic: For the Guy who wanted to Know about Social Security and Congress and Senators...and
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Elite Bodybuilder
Posts: 1235 From:cryogenically frozen somewhere in FL Registered: Aug 2000
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posted October 20, 2000 04:05 PM |
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A while back some guy posted a question on Social Security and Senators, etc...jsut got this e mail from my friend....so I thought I'd share.....like this board isn't boring enough today huh DID YOU KNOW? Our Senators and Congressmen do not pay into Social Security, and, of course, therefore 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 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 their same pay until they die, except it may be increased from time to time by the cost of living adjustments.
For example, former Senator Bradley, and his wife, may be expected to draw $7,900,000, with Mrs. Bradley drawing $275,000 during the last year of her life. This is calculated on an average life span for each. Their cost for this excellent plan is $"0", nada, zilch. This little perk they voted in for themselves is free to them. You and I pick up the tab for this plan. This fine retirement plan funds come directly from the General Funds. Our tax dollars at work! Social Security, which you and I pay into every payday for our own retirement, with an equal amount matched by our employer, we can expect to get an average of $1,000.00 per month from our Social Security plan. Or, we would have to collect our benefits for 681 years and 1 month to equal the Bradley's benefits. Imagine for a moment that you could structure a retirement plan so desirable that people would have extra amounts deducted from their pay to enhance their own personal retirement income. A retirement plan that worked so well, that Railroad Employees, Postal Workers, and others who were not in the plan would clamor to be included. This is how good Social Security could be, if only one small change were made. That change would be to jerk the Golden Fleece Retirement Plan out from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us. Then watch how fast they would fix it !!! If enough people receive this, maybe a seed will be planted, and maybe good changes will evolve.
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Guru
Posts: 3443 From:Everett, WA Registered: May 1999
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posted October 20, 2000 04:25 PM |
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Remember, This was voted on by a democraticly controlled congress with a democrat for president, bill clinton.So remember that when you say you want a wealthy democrat telling you what to do.
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Elite Bodybuilder
Posts: 1235 From:cryogenically frozen somewhere in FL Registered: Aug 2000
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posted October 20, 2000 04:30 PM |
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Those democrats sure are smart aren't they...hell if I were a congresswoman I'd watch out for number one too
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Amateur Bodybuilder
Posts: 259 From:San Fernando Valley, circa 1977. Registered: Sep 2000
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posted October 20, 2000 06:55 PM |
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If you would "look out for number one" just the same as the politicians, then why did you post this? ------------------ Chesty/Dirk 2000
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Amateur Bodybuilder
Posts: 158 From:The Sunshine State Registered: Jun 2000
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posted October 21, 2000 01:12 PM |
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Chesty & Shagwell---I find something new to love about this board every damn day. Today its because I found fellow right-wingers on the board!!! : )
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