[Vermont Lt]

The program would be self sustaining if they kept to the original premise:

1. It was a retirement supplement, not a pension.
2. If everyone paid into the system from the first dollar to the last dollar.
3. If they pegged the “retirement age” for those entering the workforce to their life expectancy.

They left those tenants a long time ago.

There is no way that retirement age for an 18 year old is going to max out at 67. There is no way that someone making $300,000 a year shouldn’t be paying the same rate as someone making $50,000.

And stop giving SSI to people with non-disabling issues. Or who haven’t paid into the system.

[Alberta's Child]

I disagree with #2 as SS is currently structured. FICA payroll taxes are capped because the benefits paid in retirement are capped.

There’s no way that someone earning $300,000 should be paying the same rate as someone earning $50,000 if they are both going to be getting paid the same monthly benefit in retirement.