Everyone who has paid into SS need to PO about this dumb renaming idea..
No good can come of it..

A woman dies at age 65 before collecting one benefit check. She and her employer paid into the system for almost 50 years and she collected NOTHING. Keep in mind all the working people that die every year who were paying into the system and got nothing.

And these governmental morons mismanaged the money and stole from the system, so that it's now going broke.
BEAUTIFUL! And they have the audacity to call today's seniors "vultures" in an attempt to cover their ineptitude. DISGRACEFUL!

The real reason for renaming our Social Security payments is so the government can claim that all those social security recipients are receiving entitlements thus putting them in the same category as welfare, and food stamp recipients.
THIS IS WORTH THE FEW MINUTES IT TAKES TO READ AND DIGEST!
F.Y.I. By changing the name of SS contributions, it gives them a means to refute this program in the future. It's free money for the government to spend under this guise.
The Social Security check is now (or soon will be) referred to as a *Federal Benefit Payment* ?
I'll be part of the one percent to forward this. I am forwarding it because it touches a nerve in me, and I hope it will in you.

Please keep passing it on until everyone in our country has read it.
The government is now referring to our Social Security checks as a "Federal Benefit Payment."
This is NOT a benefit. It is OUR money , paid out of our earned income! Not only did we all contribute to Social Security but our employers did too ! It totaled 15% of our income before taxes.(This should be enough for you to forward this message, If not read on.)

If you averaged $30K per year over your working life, that's close to $180,000 invested in Social Security.
If you calculate the future value of your monthly investment in social security ($375/month, including both you and your employers contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you'd have more than $1.3+ million dollars saved.

This is your personal investment. Upon retirement, if you took out only 3% per year, you'd receive $39,318 per year, or $3,277 per month.

That's almost three times more than today's average Social Security benefit of $1,230 per month, according to the Social Security Administration. (Google it – it's a fact). And your retirement fund would last more than 33 years (until you're 98 if you retire at age 65)! I can only imagine how much better most average-income people could live in retirement if our government had just invested our money in low-risk interest-earning accounts.
Instead, the folks in Washington pulled off a bigger *Ponzi scheme* than Bernie Madoff ever did (or Lyndon Johnson).
They took our money and used it elsewhere. They "forgot"(oh yes, they knew) that it was OUR money they were taking. They didn't have a referendum to ask us if we wanted to lend the money to them ... and they didn't pay interest on the debt they assumed. And recently they've told us that the money won't support us for very much longer. (Isn't it funny that they NEVER say this about welfare payments?)
But is it our fault they misused our investments? And now, to add insult to injury, they're calling it a *benefit*, as if we never worked to earn every penny of it. This is stealing!
Just because they borrowed the money, doesn't mean that our investments were for charity!
Let's take a stand. We have earned our right to Social Security and Medicare. Demand that our legislators bring some sense into our government.
Find a way to keep Social Security and Medicare going for the sake of the 92% of our population who need it.

Then call it what it is:
Our Earned Retirement Income .
90% of people won't forward this.
PLEASE! Will you?

Several posters have counseled me to "pick a side", some even suggesting that I'd have to, eventually. This always bewildered me, since, the act of describing my "side", prompted those responses. I recently posted an opinion that the "center" was permanently anchored on the US Constitution, which again solicited a request for me to "Pick a side". Then, I got it, they were wanting me to pick a location off to the side..................of the Constitution.

There can never be a reconciliation of a divided America, as long as we insist on "sides"......as though it is an actual place. We have decided where the "sides" were first, then tried to develop some rationale or justification for it. Each "side" claims to be true to the Constitution, and since both cannot be Constitutional, it stands to reason that OUR "side" is correct, the other wrong.................which is exactly what THEY believe as well.

I'll say it one more time, and try to be more clear; I HAVE picked a "side", the same "side" I've always been on.........right smack in the middle of the Constitution of the United States of America. I do NOT have to pick your "side" or theirs, I've picked MINE and intend to stay there. To make sure I'm understood, let me phrase it this way; any "side" not based singularly and squarely on the Constitution, without re-interpretations, t***slations, or modifications...................is wrong and always will be.

Unless and until the Constitution is amended to read the way you WANT it to read, to support your ideology or viewpoint.....................you will always be wrong when moving either to the left or right of this document. There should be only ONE ideology in America, the ideology described by the Constitution, a document that is apolitical and non partisan.

Yet everyone of these useless white wearing i***ts (KKK members?) gave a standing ovation to themselves SAD SAD SAD