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09-10-2009, 12:44 PM   #1
graphicgr8s
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Is it true?

Social Security 2009


LET US SHOW OUR LEADERS IN WASHINGTON "PEOPLE POWER" AND THE POWER OF THE INTERNET.

PLEASE FORWARD TO ALL OF YOUR FRIENDS.

IT DOESN'T MATTER IF YOU ARE REPUBLICAN OR DEMOCRAT!

KEEP IT GOING!!!!

Propose this in 2009:

START A MOVEMENT TO PLACE ALL POLITICIANS ON SOCIAL SECURITY


------------ --------- --------- ----

SOCIAL SECURITY:

(This is worth reading. It is short and to the point.)

Perhaps we are asking the wrong questions during election years.

Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it.

You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves So, many years ago they voted in their own benefit plan.

In more recent years, no congress person has felt the need to change it. After all, it is a great plan

For all practical purposes their plan works like this:

When they retire, they continue to draw the same pay until they die.
Except it may increase from time to time for cost of living adjustments. .....

For example, Senator Byrd and Congressman White and their wives may expect to draw $7, 800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275, 000..00 during the last years of their lives.
This is calculated on an average life span for each of those Dignitaries.

Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives.

Their cost for this excellent plan to them is $0.00. NADA!!! ZILCH!!!

This little perk they voted for themselves is free to them. You and I pick up the tab for this plan. The funds for this fine retirement plan come directly from the General Funds;

"OUR TAX DOLLARS AT WORK"!

From our own Social Security Plan, which you and I pay (or have paid) into, every payday until we retire (which amount is matched by our employer), We can expect to get an average of
$1,000 per month after retirement.

Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Senator Bill Bradley's benefits!

Social Security could be very good if only one small change were made.

That change would be to

Jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. . Put them into the Social Security plan with the rest of us

Then sit back......

And see how fast they would fix it!

09-10-2009, 01:00 PM   #2
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So now, instead of your previous quasi-original thoughts, you're just going to start threads that are reposts of right-wing chain letters?

Fun.

Thread needs a closing.
09-10-2009, 01:23 PM   #3
graphicgr8s
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QuoteOriginally posted by deadwolfbones Quote
So now, instead of your previous quasi-original thoughts, you're just going to start threads that are reposts of right-wing chain letters?

Fun.

Thread needs a closing.
But is it true?
09-10-2009, 01:32 PM   #4
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No, it's not really true.

Legislators and Presidents *are* paid and such: the point of that is that it's supposed to make bribery and corruption less of a temptation. We want them working for *us,* not the moneyed interests and anyone else with coin to wave.

In reality, well, it just makes it *possible* for that to be the case. What can you do.

Oh, yeah. It's also supposed to be the case that you don't have to be independently-wealthy to hold public office.

09-10-2009, 01:37 PM   #5
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Jesus, google is your friend...

Benefits Paid to Members of Congress

You may have read that Members of Congress do not pay into Social Security. Well, that's a myth.

Prior to 1984, neither Members of Congress nor any other federal civil service employee paid Social Security taxes. Of course, the were also not eligible to receive Social Security benefits. Members of Congress and other federal employees were instead covered by a separate pension plan called the Civil Service Retirement System (CSRS). The 1983 amendments to the Social Security Act required federal employees first hired after 1983 to participate in Social Security. These amendments also required all Members of Congress to participate in Social Security as of January 1, 1984, regardless of when they first entered Congress. Because the CSRS was not designed to coordinate with Social Security, Congress directed the development of a new retirement plan for federal workers. The result was the Federal Employees' Retirement System Act of 1986.

Members of Congress receive retirement and health benefits under the same plans available to other federal employees. They become vested after five years of full participation.

Members elected since 1984 are covered by the Federal Employees' Retirement System (FERS). Those elected prior to 1984 were covered by the Civil Service Retirement System (CSRS). In 1984 all members were given the option of remaining with CSRS or switching to FERS.

As it is for all other federal employees, congressional retirement is funded through taxes and the participants' contributions. Members of Congress under FERS contribute 1.3 percent of their salary into the FERS retirement plan and pay 6.2 percent of their salary in Social Security taxes.

Members of Congress are not eligible for a pension until they reach the age of 50, but only if they've completed 20 years of service. Members are eligible at any age after completing 25 years of service or after they reach the age of 62. Please also note that Members of Congress have to serve at least 5 years to even receive a pension.

The amount of a congressperson's pension depends on the years of service and the average of the highest 3 years of his or her salary. By law, the starting amount of a Member's retirement annuity may not exceed 80% of his or her final salary.

According to the Congressional Research Service, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service as of Oct. 1, 2006. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006.
09-10-2009, 05:56 PM   #6
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Chain letters are always a good source of reliable information.

People dumb enough to forward them also seem not to be too terribly into fact-checking them first.

You ought to hear the old Lum & Abner radio series from when they did a series spoofing chain letters back in the late 1930s, during the height of the "Share the Wealth" idiocy. They started a similar plan where instead of sending people money in letters you sent them hogs. It was hilarious.
09-11-2009, 04:31 AM   #7
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If we don't forward this on, a little girl's puppy'll die, if we do, the person we have a crush on'll kiss us, right?

Whoa. It's like we've hit a timewarp back to 1999.
09-11-2009, 05:12 AM   #8
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QuoteOriginally posted by Mike Cash Quote
..... also seem not to be too terribly into fact-checking them first.
Some people live by "The Reporter's Creed": "never let the facts get in the way of a good story "

09-11-2009, 06:17 AM   #9
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QuoteOriginally posted by Parallax Quote
Some people live by "The Reporter's Creed": "never let the facts get in the way of a good story "
Or as former newspaperman Samuel Clemens put it, "Get your facts first, then you can distort them as you please".

Nothing new under the sun.
09-11-2009, 08:44 AM   #10
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Or as Chopper Read would say, "Never let the truth get in the way of a good yarn."
09-11-2009, 12:45 PM   #11
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"Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence."

- John Adams -

"Facts are stubborn things, but statistics are more pliable."

- Mark Twain -
09-11-2009, 06:55 PM   #12
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"Facts are meaningless; you can use facts to prove anything that's remotely true!" - Homer Simpson.
09-12-2009, 04:11 AM   #13
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QuoteOriginally posted by lithos Quote
"Facts are meaningless; you can use facts to prove anything that's remotely true!" - Homer Simpson.
"I can't believe I'm going to lose my job just because I'm dangerously unqualified!"

- also Homer Simpson -
09-12-2009, 07:31 AM   #14
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D'oh - Homer Simpson
09-12-2009, 08:12 AM   #15
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"It takes two to lie. One to lie, and one to listen." - Homer Simpson.

"You can't keep blaming yourself! Just blame yourself once, and move on." - Homer Simpson.

"In this house we obey the laws of thermodynamics!" - ibid.

"Look Marge, you don't know what it's like - I'm the one out there every day putting his ass on the line. And I'm not out of order. You're out of order! The whole freakin' system is out of order. You want the truth? You want the truth? You can't HANDLE the truth. 'Cause when you reach over and put your hand into a pile o' goo that was your best friend's face, you'll know what to do! Forget it, Marge, it's Chinatown!" - ibid

"Trying is the first step toward failing." - ibid.

"Weaseling out of things is important to learn. It's what separates us from the animals...except the weasel." - ibid

"Getting out of jury duty is easy. The trick is to say you're prejudiced against all races." - ibid
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