Don't forget, a very substantial percentage of those who pay FICA never receive a dime from Social Security ~ it's not just a thing about some receiving less than they paid in versus some receiving more than they paid in.
SOME DIE!
Don't forget, a very substantial percentage of those who pay FICA never receive a dime from Social Security ~ it's not just a thing about some receiving less than they paid in versus some receiving more than they paid in.Oh, yes. In the cold world of actuarial number-crunching, that's already been factored in. The numbers remain the same.
The reason why I was going down the actuarial road was to spell out a hunch I had about Rep. Jackson-Lee's comment.
"Everyone done told me that they pay more then they get in. So what's the problem?"