[daniel1212]

Supplemental:

1990 Amendments...Liberalized the definition of disability for disabled widow(er)s by making it consistent with that for disabled workers....

Extended benefits to spouses whose marriage to the worker is otherwise invalid, if the spouse was living with the worker before he or she died or filed for benefits....

Extended coverage to employees of state and local governments who are not covered by a retirement plan.

1994 Amendments...

Established the Social Security Administration as an independent agency, effective March 31, 1995...

Restricted DI and SSI benefits payable to drug addicts and alcoholics by creating sanctions for failing to get treatment, limiting their enrollment to 3 years, and requiring that those receiving DI benefits have a representative payee (formerly required only of SSI recipients)....

Reallocated taxes from the OASI fund to the DI fund....

1996 Amendments...

Prohibited DI and SSI eligibility to individuals whose disability is based on drug addiction or alcoholism.

1999 Amendments...

Provided disabled recipients with vouchers they can use to purchase rehabilitative services from public or private providers.

Extended Medicare coverage for up to 4.5 additional years for disabled recipients who work...

-https://www.ssa.gov/history/reports/crsleghist2.html

Note:

Federal SSI payments and administrative costs are financed from Federal Government general revenues. - https://www.ssa.gov/policy/docs/progdesc/sspus/assistance-programs.html

[Does so]

Then a Dem government taxed your contributions...

[DuncanWaring]

The first person to collect Social Security benefits, Ida Mae Fuller, paid a total of $24.75 (equivalent to $494 in 2023) in Social Security taxes over a period of three years.

During her retirement, Fuller collected a total of $22,888.92 (equivalent to $497,793 in 2023) in Social Security benefits.

[Jolla]

Was looking through my momentos box and found grandfathers old billfold. Still had his original 1935 ss card in pristine shape and my grandmothers college photo.

[Living Free in NH]

I recently applied online for my SS benefits now that I'm an old bastard and was asked to go the the local SS office to provide a copy of my birth certificate.

I went yesterday and waited four hours to see an agent. The waiting room was loaded with people 25-30 years old with Mexican passports.

They were being brought in by the bus load; well, 15 passenger vans, actually.

They had to lock the doors at noon because they didn't think they could process those already waiting by COB (4:00 PM). While I waited until 2:00 PM, 2 van loads were turned away.

Social security is doomed.

[Jan_Sobieski]

We are approximately 300 trillion in underfunded liabilities debt because of SS, Medicare, Medicaid, Government Pensions, etc. This explains the Biolabs and vaccines

[Lockbox]

"We adopted the modern Social Security system at a time when the average person died before they were old enough to get Social Security."

Newt Gingrich stated on December 2, 2016 in a radio interview.

I think that sums up Government’s actions in most programs sold to benefit it’s citizens…..

[SamAdams76]

The original Social Security started out with fairly good intentions. It was to provide a stipend for people in their old age who have worked all their lives, paying into the system with a simple FICA tax. Even back then, it was not intended that anybody could survive economically on Social Security alone. It was still expected that the elderly would have additional income/wealth to make ends meet or be taken in by younger family members. The Social Security was meant to keep them out of breadlines and allow them to get some groceries or whatnot.

I know this is hard to believe but back in 1935, employees FICA tax was just one percent of their income (with their employers paying another one percent) up to a maximum of $3,000 a year.

The above is a classic example of the government getting their foot in the door with a tax that just keeps increasing as time goes on. Nowadays, the FICA burden is 15.3% of income (with employers still paying half) up to an income of $168,600 in 2024.

Now Social Security is extended to younger people with "disabilities". I personally know somebody who went on SSI in his mid 30s because he had bad knees and could not do his job anymore (tiling). He was offered an office job by his employer but declined and went on lifetime SSI instead.

This is not how the system was supposed to work. It has bloated into another welfare system as the original plan of paying into the system over a long career so that you do not go hungry in old age has gone by the wayside.

[Ruy Dias de Bivar]

When SS was first formed, you could retire at 62 years of age, BUT the average life span then was 57 years.
Then came penicillin and other antibiotics. Life span took off like a rocket!

Back about twenty years ago, AARP magazine had an article on why the SS system is NOT A PONZI SCHEME!

Ponzi schemes always collapse when new suckers, er, that is contributors, do not join at the bottom. Since Social Security had not collapsed, that was proof it was not a Ponzi Scheme.

A few pages on in the same issue, Jane Briant Quinn had an article on HOW the SS system was set up. without saying the word “Ponzi” she showed how it was set up just like a Ponzi scheme but with with new born people being FORCED to join at the bottom.

Since the US has promoted ZPG (Zero Population Growth) and abortions, there are fewer new compulsory people being born at the bottom, so the borders have to be opened and allow foreigners in to take up the slack. As we have been told in the past, the SS system problems is just the government “kicking the can down the road” for future administrations to deal with.

[zeugma]

The biggest ponzi scheme in the world is collapsing from its own weight. It’s amazing they have kept this scam going as long as they have.