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Needed reform
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Social Security
Needed reform
<font face="arial, helvetica, sans-serif" size="1"><div>You worked hard for it. Now talk to others on how to save Social Security.</div></font>
50% of the people receiving&nbsp; social security checks never paid the required 20 quarters into the system as required by law.&nbsp; Why does my 8 year old receive a check when I started receiving m
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Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:17f83b76-a805-4002-b497-6dbb421b0b8a
Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:17f83b76-a805-4002-b497-6dbb421b0b8aDiscussion:85bf31b6-ec57-4733-93e7-2f3d4176b8c1

Forums » Work & Retirement » Social Security » Needed reform

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Forums  »  Work & Retirement  »  Social Security  »  Needed reform

Needed reform

posted at November 5, 2011 3:39 PM EDT
Posts: 11
First: May 11, 2009
Last: April 14, 2012
50% of the people receiving  social security checks never paid the required 20 quarters into the system as required by law.  Why does my 8 year old receive a check when I started receiving mine? 

Re: Needed reform

posted at October 20, 2012 7:02 PM EDT
Posts: 12549
First: February 29, 2008
Last: June 16, 2013
In Response to Needed reform:
50% of the people receiving  social security checks never paid the required 20 quarters into the system as required by law.  Why does my 8 year old receive a check when I started receiving mine? 
Posted by donviel


Soc Security isn't meant to be FAIR ......  Social Security is INSURANCE.   

It is the foundation of American retirement security – more so today, now that pensions are disappearing and private savings, inherently risky, have been hit hard.      It is basic protection for our families if anyone becomes  disabled or die as well as taking care of  the elderly. 

Each generation has done its part to maintain its foundations over the 77 years of its existence.      During good times and bad, working Americans have paid into Social Security, and it is by far the safest, most efficient, most universal, and most reliable way for Americans to guarantee their retirement savings
.       

 

Re: Needed reform

posted at November 13, 2012 7:16 PM EST
Posts: 1
First: November 13, 2012
Last: November 13, 2012

You geting it due many who get social security have their income cut and their children or some there kids children who parents die.
But here is one of the issues that needs to be fix as social security needs to have a means test that will start cutting benefits over 75k single to 100k couple plus 10k per kid up to three and remove all income caps and put a top and a top cap on benefits of 75k so a someone who made millions each year but did not set up retirement which will fix social security  and allow a grave error in social security which is that disabled get zeros in there calculation for no fault of their own and to be paid a sub poverty check that they can barely exist on. 
 So there should also be a minimum income  of at least 100  percent of poverty  for short term disability  to 133% of poverty for long term disabled over 10 years.  And by doing all of this social security would become stable and fair as social security is not a guarantee but insurance against  being poor plus all income and benefits should be based on a cola to keep it fair

Forums » Work & Retirement » Social Security » Needed reform