this thing has been going around for some time now...can someone
respond, factually? thanks...
fs
fwd:
> 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 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. 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?
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