Quote:
Originally Posted by dmcummins
My wife is a school administrator and has never paid in to Social Security. She can retire now at 47 with 25 years of service and its a lot more than I'll ever get. Plus, she can choose if she wants it in a lump sum or with survivor benefits. If she would work till she was 62 her retirement would be higher than her salary.
I wish I had this option. It must be nice that some groups get to get out of SS.
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Same difference. My wife pays into her pension and does not have a choice about it.
My guess is that if your wife's pension wasn't mandatory her retirement bennies would not be as high. Same for mine.
You guys fail to see the forest for the trees. if we did not have SS many of your retired parents/grandparents would be flat ass broke and you would be struggling to keep them off the street. The average American has the economic wisdom of a turtle. The problem is the theft of the funds.
This would be fixed in a hurry by doing the following:
1-Putting ALL senators, reps, presidents, etc on the same SS system the rest of us are one.
2-Term limits.