Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it.
They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan.
When they retire, they continue to draw the same pay until they die.
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effect Gen-Reagan/Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
Only one point wrong in this article: we don't own our own homes. Even if house is paid for completely, you still "rent" it from the government every year - it's called "property taxes".
Social Security - One of the biggest Ponzi Type Schemes ever!
"As Ross Perot commented during his last known moment of lucidity in this world..."
Hah! This line cracked me up.