The Mudcat Café TM
Thread #152637   Message #3573738
Posted By: GUEST,Stim
07-Nov-13 - 06:35 PM
Thread Name: BS: Food Stamp Riots on November 1?
Subject: RE: BS: Food Stamp Riots on November 1?
Actually SW, Social Security is not really pension plan, it is insurance, and what you pay is not a payroll deduction,it is a tax. It was set up to keep people who were too old to work from out of poverty, and the benefits payments are skewed to favor low income people. The benefit amounts are not calculated based on the earnings from you paid in, they are keyed to the cost of living.