DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Social Security and Medicare are destroying America

**YonkFiorc** · 05-07-2012, 04:53 PM

Someone obviously shouldn't contribute to a defined pension fund if they don't expect to get out what they put in.
JM

And when most started it was a reasonable expectation that they would get something out.

We were forced to contribute to SS regardless of our beliefs that we would get anything back.
And when we started paying in, there were no doom and gloomers. It was expect that we would get something back. And let's be real here. Most pension plans work that you get at least 50% of your current salary. And a lot of politicians figured out a way to make 200% or more of their current salaries. Even under the best of circumstances SS isn't going to return 25% of what you made despite paying in as much many did into pension plans.

05-07-2012, 04:53 PM	#15
YonkFiorc Join Date Oct 2005 Posts 425 Senior Member	Someone obviously shouldn't contribute to a defined pension fund if they don't expect to get out what they put in. JM And when most started it was a reasonable expectation that they would get something out. We were forced to contribute to SS regardless of our beliefs that we would get anything back. And when we started paying in, there were no doom and gloomers. It was expect that we would get something back. And let's be real here. Most pension plans work that you get at least 50% of your current salary. And a lot of politicians figured out a way to make 200% or more of their current salaries. Even under the best of circumstances SS isn't going to return 25% of what you made despite paying in as much many did into pension plans.
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