Radiance3 wrote:
===============
Here are my solutions to saving the Social Security. Social Security is only provided to those people who worked 40 quarter hours or ten years at least.
The other welfare program given to those who did not work is called. SSI (Social Security Income).
Let us discuss how to save or prolong the life of the Social Security.
At present every payday each employee pays 6.2% deducted from their pay check. Another 6.2% is contributed by the employer to that SS. Total contributions every payday is 12.4%.
The longer the employee works and with higher paycheck, the SS pension gets higher until that person retires.
To prolong life of the SS funds, higher employment records (more people work), adds to the life of the funds. The fact that more employee and employer contributions are added.
Because people live longer, add 1 year longer before SS is allowed. Here is the present age retirement to collect SS.
For anyone born in 1960 or later, full retirement age is 67.
For those born in 1955 through to the end of 1959 (technically, January 1, 1960), full retirement age ranges between 66 and 2 months a 66 and 10 months.
Earlier than those years, 65 years used to be full retirement age. Beginning in 1983, the retirement age was raised to 67 years.
There are many variable conditions however if the SS person becomes disabled. It also differs upon various states. I won't touch this for it is a long process.
The reasons why our funds are depleted fast, and why we owe lots of debts. There are so many SSI (Social Security Income Recipients) who did not work. They are called SSI recipients. From 62 years old or disabled, they can collect SSI.
Added by the 12 million of Biden's illegal invites, these people exhaust around $450 billion a year for all the benefits given to them including medical aid, and education for their 2 million kids. Plus maintenance of the Border Patrol, and maintenance and protections against the crimes these people create against our people and country.
This 12 million illegal invites of Joe Biden is wrong. It is a Constitutional violation and must be stopped; and deported back to their own country. This is a dereliction of duties of Joe Biden.
=============== br I Here are my solutions to sa... (
show quote)
Meh. I was born in 51 and my full retirement age was 66.5. Notice they give away social security $$ and say we're running out of money. But welfare NEVER runs out of money. Foreign aid NEVER runs out of money. What an amazing thing🤮