NASSAU COUNTY CIVIC ASSOCIATION, INC.
"The government is us, we are the government, you and I." Teddy Roosevelt
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NASSAU COUNTY CIVIC ASSOCIATION, INC. "The government is us, we are the government, you and I." Teddy Roosevelt |
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Why Social Security will be broke for You!
Perhaps we
are asking the wrong questions during election years.
Our Senators
and Congresswomen 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 of those two
Dignitaries.
Younger Dignitaries, who retire at an early age, will receive much more during
the rest of their lives. Their cost for this excellent plan is $0.00.
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 of $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 read this, maybe a seed of awareness will be planted and maybe
good changes will evolve. How many people can YOU send this to?
Keeps this going clear up through the 2004 election!! We need to be heard.
Author Unknown