So do I get a larger benefit to match the bigger contribution, or do you just plan on helping yourself to more of my money?
I don’t need a larger payment because I have been careful and saved. But a deal was a deal and should have been kept.
What I get is based on what I paid in and is assigned by the Social Security Administration. There is no way I or anyone else can “help myself” to more of your money. If, however, you were earning above the wage cap since 1983, then you have been the beneficiary of our government’s failure to follow the agreement made in 1983, for most of the years since then.