Posted on 11/23/2004 11:03:48 AM PST by Regulator
QUITO, Ecuador Mexico and Washington agreed to introduce similar legislative initiatives whereby Mexican workers who paid into Social Security in the United States will be refunded their contributions when they return to their homeland, President Vicente Fox said here Monday.
"The initiatives entail the recognition of all those (Mexicans) who have worked in the United States legally or otherwise, so they will have the right to the savings they accumulated while working in the neighboring country," said Fox, who is visiting Ecuador.
During a news conference with Mexican journalists accompanying him on his travels, Fox announced that he and U.S. President George W. Bush agreed to simultaneously introduce in their respective Congresses what he dubbed the "Pay in Full" program initiatives.
Fox and Bush met in Santiago during the weekend summit of the Asia-Pacific Economic Cooperation forum.
During their meeting, Fox said, the two leaders made "very valuable" advances in talks on a guest worker program for Mexicans in the United States.
The article says that the agreement applies *only* to those Mexicans who have already paid money in to our Social Security Administration.
...And to collect their monthly checks, they have to return home to Mexico.
Perhaps you'd prefer to keep their SS money and prevent them from going back to Mexico??
My understanding is it depends on whether they have to pay income tax as foreign nationals (some foreign nationals pay US income tax) If they pay US income tax yes, if not no (unless Mexico taxes the income, which I don't know.)
What is happening is Bush is going to put millions of illegals into the SS system so that they can collect SS benefits back in Mexico, and you and I will have to pay for it.
And you're assuming there is no fraud -- how do you PROVE only those who have paid into the system will get benefits? Forget about being able to verify a Mexican work history -- what about multiple people paying on the same stolen SS#? Five people paid, but ten claim they paid, and who do you believe since you have no way of determining which five actually paid in?
Well, actually, social security was used to pay for the Vietnam war.
"Especially when they came here against our laws, remained here against our laws, worked here against our laws, committed document fraud if they got paid Social Security (gotta have a number, ya know)
And no, I don't care if they get "their" money back. They chose to come here illegally, they broke all the laws, so the FICA tax they paid....Oh Well. Thanks for the contribution, now go home.
If they are on the payroll, they are paying social security and income taxes. That is the "general rule".
Workers who have a resident alien card not only pay into social security but can also get SS benefits.
But there is a big difference between a worker with a resident alien card and an illegal alien.
So that means they will get less than they put in, too?
Note that in the case of people working here who are exempt, that it is another incentive to employ foreigners. Because all taxes are booked as a cost to employ someone; it's just a shell game to call them a tax that the employee pays.
Wrong again. According to the Social Security pamphlet "Understanding the Benefits" or www.socialsecurity.gov. On page 5 under the subtitle "Social Security is more than retirement" Depending on your circumstances, you may be eligible for Social Security at any age. In fact, Social Security pays more benefits to children than any other government program. Today, more than 45 million people, about one out of every six Americans, collect some kind of Social Security benefits.
Side Note: PBS will be broadcasting "Los Angeles Today" around 8:00-9:00 PM depending on where you live. You can see for yourselves what our Freeper friends who live there have been talking about.
He he. No, in their case, I think typically it'll be more. Or they could end up getting screwed like the rest of us. Welcome to the club...
Look forward to the Congress upping the full benefits age to 70 in the real near future. And looking for ways to do a Terri Schindler-Schiavo job on all of us...
You've got that potential for SS fraud whether this agreement is signed or not.
On the other hand, this agreement makes them go back to Mexico to collect.
For whatever reason, many posters on this thread seem to be jumping up and down mad about that sort of agreement.
Frankly, I *like* the idea of giving them incentives to go home. It beats the heck out of whatever we're doing today.
I figured up my retirement last week (wanting to retire early) and I expect SS to be means tested by the time I expect to get any of MY money back (14 years from now). I guess I was right to not plan for SS like my liberal twin brother who retired from teaching this year. Now he's having to go back to work.
Undoubtedly.
It is also another incentive to come here, since any SS they get from this treaty is easier and better than what they get in their own country.
For those of us paying to subsidize their children to the detriment of ours, it's just one more siphon from our bank accounts to Mexico.
How many illegal alien children in the schools of Alabama? California has, conservatively, hundreds of thousands (likely millions). The Los Angeles Unified School District is now 85% "hispanic" (really) and the San Jose Unified School District is now 55% "hispanic". Think they're all legal immigrants, or not anchor babies?
"It is also another incentive to come here, since any SS they get from this treaty is easier and better than what they get in their own country." - Regulator
You made me laugh by giving me an image of illegal aliens saying that they carefully considered their retirement options when deciding to make a border crossing!
Perhaps you should just admit that you are reactively against any incentive to get Mexicans to return home voluntarily. You want your boxcars filled with illegals headed back South on every railroad in America, and you want it now, and if you can't have that sort of 8 million person roundup, then you are against everything else.
I don't think any careful consideration is even needed. What happens once word gets around about these Social Security payments, and how to get them?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.