Archived posting to the Leica Users Group, 2000/07/24

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Subject: [Leica] Social Security
From: EyeDok2@aol.com
Date: Mon, 24 Jul 2000 20:44:31 EDT

Our Senators and Congressmen don't pay into Social
> >  > >    Security, and, of course, they don't collect from it.
> >  > >
> >  > >    The reason is that they have a special retirement plan
> >  > >    that they voted for themselves many years ago. For all
> >  > >    practical purposes, it works like this:
> >  > >
> >  > >    When they retire, they continue to draw their SAME pay, until
they
> >  > >    die, except that it may be increased from time to time, by cost
of
> >  > >    living adjustments.
> >  > >
> >  > >    For instance, former Senator Bradley, and his wife,
> >  > >    may be expected to draw $7,900,000, with Mrs. Bradley
> >  > >    drawing $275,000 during the last year of her life. This is
> >  > >    calculated on an average life span for each.
> >  > >
> >  > >    This would be well and good, except that they paid NOTHING
> >  > >    in on any kind of retirement, and neither does any other
> >  > >    Senator or Congressman.
> >  > >
> >  > >    This fine retirement comes right out of the General Fund: our
> >  > >    tax money.  While we who pay for it all, draw an average of
> >  > >    $1000/month from Social Security.
> >  > >
> >  > >    Imagine for a moment that you could structure a retirement plan
so
> >  > >    desirable that people would have extra deducted so that they
could
> >  > >    increase their own  personal retirement income.  A retirement
plan
> >  > >    that works so well, that Railroad employees, Postal Workers, and
> >  > >    others who aren't in it, would clamor to get in.
> >  > >
> >  > >    That is how good Social Security could be, if only one small
> change
> >  > >    were made.  That change is to jerk the Golden Fleece retirement
> >  > >    out from under the Senators and Congressmen, and put them in
> >  > >    Social Security with the rest of us.  Then watch how fast they
fix
> it.
> >  > >
> >  > >    If enough people receive this, maybe one or some of them along
the
> >  > >    way, might be able to help.   How many can YOU send it to?"
> >
>