From: Jim Williams (JIM@paramountind.com)
Date: Thu Mar 07 2002 - 17:26:54 EET
|> SOCIAL SECURITY: (This is worth the read. It's short
|> > and to the point.)
|> > Perhaps we are asking the wrong questions during
|> > election years. Our Senators and Congressmen do not
|> > pay into Social Security and, of course, they do not
|> > collect from it. Social Security benefits were not
|> > suitable for persons of their rare elevation in society.
|> > They felt they should have a special plan for
|> > themselves. Many years ago they voted in their own
|> > benefit plan. In more recent years, no congressperson
|> > 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, former Senator Byrd and Congressman
|> > White and their wives may expect to draw
|> > $7,800,000.00 (that's Seven Million, Eight-Hundred
|> > Thousand), with their wives drawing $275,000.00
|> > during the last years of their lives. This is
|> > calculated on an average life span for each.
|> > Their cost for this excellent plan is $00.00. 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 $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 (l) month to equal Bradley's
|> > Social Security could be very good if only one small
|> > change were made. And 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 and then watch how
|> > fast they would fix it.
|> > If enough people receive this, maybe a seed of
|> > awareness will be planted and maybe good changes will
|> > evolve.
|> > How many people can YOU send this to?
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