Date: Tue, 15 Oct 2002
SOCIAL SECURITY: (This is worth the read. It's
short and to the point.)
Perhaps we are asking the wrong questions during
Our Senators and Congressmen do not pay into Social
Security and, course; they do not collect from it. Social Security benefits were not suitable for persons of their rare elevation
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 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 (thats 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.
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 Senator Bill 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?
Or will you just read this and ignore your rights,
saying what good would it do?