[Vigilanteman]

Exactly and that is the problem. Too many of those of us who paid into it are being short shifted in any attempt to get even some of it back.

Too many more who paid little or nothing into it are being ushered to front of the chow line.

The only logical solution is to pick an age (say, 60) where paid in obligations will be paid as promised and for those under 60, then pick a number (say 2.5% per year) where benefits will be reduced.

97.5% for 59 year olds, 95% for 58 year olds and so on. It is totally privatized in 40 years.

Chile did something similar and unleashed enough investment capital to rocket from just above third world status in 1975 to first world status today. It not only can be done, it has been done.

[mrsmith]

“Chile did something similar and “ ... you never hear about it from the media.

Yeah, Chile’s plan is praactical, realistic, and works.