I think SS should be means-tested. I know it’s not suppose to work that way, but we’re bankrupting that system, too. So if you have an adequate pension or means from some other source it only makes sense to limit SS to the needy.
You're on the wrong site.
Socialism is that way ----> to DUh. Have fun.
“I think SS should be means-tested. I know its not suppose to work that way, but were bankrupting that system, too. So if you have an adequate pension or means from some other source it only makes sense to limit SS to the needy.”
That’s another step to penalize success and initiative.
If some decide to “voluntarily” give back their benefits, that would be his or her decision and not the gumint’s.
What happens if Social Security is means tested based on pensions and then pensions are cut?
I have been paying roughly $14,000 per year into the Social Security "lock box" for 20 years so that I can start withdrawing my Social Security when I retire. Give me back what I was forced to pay into the ponzi scheme system. Federal government employees on the old retirement plan never paid, and don't currently pay, a penny into Social Security so it is a retirement system, not a tax to help others. Otherwise all would be required to pay into it.
I would accept this as part of the plan to phase out SocSec.