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To: DuncanWaring

That was in the 1930’s when the program was first instituted, correct? That’s not happening anymore, is it?


83 posted on 10/21/2013 5:51:08 PM PDT by 2ndDivisionVet (Obama's favorite game is Pin the Fail on the Honkey!)
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To: 2ndDivisionVet

She was the first Social Security recipient, and probably the most imbalanced in terms of payments vs. receipts.

But, for many decades after that, retirees collected an amount equal to their lifetime payments within the first two or three years of their retirement.

Future retirees will never get back their “investment”.

I’m not retirement age yet, and I’ve been the max in FICA payments for most of the last 30 years. I’m not likely to collect what I’ve paid.


85 posted on 10/21/2013 6:03:34 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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