SS for the MUCH OLDER?????

[101Scout]

I was speaking with a friend (who is in his early 40s) this past week who mentioned something about his FICA being screwed up so he had to go to the SS office to clear it up. He said that while he was there, they told him that he'd be facing the ripe old age of 70 before he could ever draw SS... and that was a BIG IF... because they seriously didn't think that there'd be any money to draw by that time. At least they forewarned him... because that at least prepares him for what's coming soon. Empty pockets USA.

:mad:

[martsmart]

Ya know Scout...I would really like some kind of link or evidence that any low level civil service worker in a SS office would say the things you just put here...

And not be fired immediately...

Seriously...

[101Scout]

Ya know Scout...I would really like some kind of link or evidence that any low level civil service worker in a SS office would say the things you just put here...

And not be fired immediately...

Seriously...

Well gee Marts.... if my friend had quoted that in the newspaper, I'd sure get that link fer ya..... but as my OP stated.... this was told to me by a friend who went to the SS office.

Who would fire ya immediately??

[martsmart]

Well gee Marts.... if my friend had quoted that in the newspaper, I'd sure get that link fer ya..... but as my OP stated.... this was told to me by a friend who went to the SS office.

Then I give your friend the cred he has earned...

:)


Who would fire ya immediately??

Any employee making statements like that..

Did your friend think about calling higher management for confirmation of this "info"?

[101Scout]

Then I give your friend the cred he has earned...

:)



Any employee making statements like that..

Did your friend think about calling higher management for confirmation of this "info"?

He was satisfied getting his FICA problem straightened out from what I could tell, and didn't share with me about going to the brass about the age info. Next time I run into him, I'll suggest what you mentioned with him.

:icon_wink:

[Sunshine]

I was speaking with a friend (who is in his early 40s) this past week who mentioned something about his FICA being screwed up so he had to go to the SS office to clear it up. He said that while he was there, they told him that he'd be facing the ripe old age of 70 before he could ever draw SS... and that was a BIG IF... because they seriously didn't think that there'd be any money to draw by that time. At least they forewarned him... because that at least prepares him for what's coming soon. Empty pockets USA.

:mad:


:FFS:
So more RW hype and lies have infiltrated your thinking?

Don't let the facts get in your way! :oregonian_gaah:

What’s the Big Idea?

There’s more than one solution for Social Security.
Here are nine ways to keep the system solvent

[Only registered and activated users can see links] ([Only registered and activated users can see links] tml)

The Social Security debate boils down to one key question:
Can the current system handle the retirement of the baby boomers—
the nearly 77 million Americans born from 1946 through 1964—
and still be in good shape for the generations that follow?


Today the system is taking in more than it spends.



If nothing is done in the meantime, that situation will be reversed around 2018—
some 10 years after the oldest boomers turn 62
(the age of first eligibility for benefits).


Although estimates vary, Social Security should have sufficient funds to pay full benefits until sometime between 2042 and 2052. ....

More...

[101Scout]

:FFS:
So more RW hype and lies have infiltrated your thinking?

[/B]


Prove it!

[101Scout]

:FFS:
So more RW hype and lies have infiltrated your thinking?

[/B]

Here's how it looks sunshine. You're new here. In a few days time, you come into this thread.... a thread that only shares a story of what a friend told me of his expeirence at the social security office.... and you say

"more RW hype and lies have infiltrated your thinking"

I say you're pure troll material myself, IMHO.

Now... if you prove to me what what you have that I'm a RWer.. please lay those facts here. Lies? What lies? Seems like you think you know me for a long time in order to say something like that. Plus, you brought a friend too. A troll and it's friend.

Now, I'm sure the subject of SS is not one that doesn't have any true certainly to it... because as the economy changes and so does assistance programs such as SS. It's idiots in BushCo who tries to tap the system for their little spending sprees while they piss our economy down the crapper.

So, once you prove to me why you say I'm a WRer and lie, purposely lie, then we'll consider your postings to possibly be worthy.

In the meantime, I personally believe that the SS system will be forced to raise the retirement age in order to adapt to the strain that will befall on it in the future. If you read my OP, the friend who told me his story would be faced with trying to collect his SS retirement sometime around 2035, or so, which makes sense to me that by then the retirement age would be raised from what it is today. That's my opinon. Apparently that's the thots of the person with whome my friend spoke to at the SS office. In the meantime, I'll see what study is out there on this matter.

later trolls

[Nanette]

I don't know what the answer is to this. I know one thing for sure, that if you have a disability and try to get SS you are screwed. My bother in law had a massive heart attack on the 8th day of July and now is in renal failure and he has been turned down on disability SS. He is 60 years old. It is a shame that a person pays into this all their lives and when they are past working due to illness or injury they cannot get it. I have no doubt that they will raise the age of retirement. They don't want to give it to people now who are in need. He hasn't drawn a check since the middle of July and we are feeding him. He had some savings, but his hospital bill wiped that out even though he had insurance. It is a shame and disgrace.

The SS fund has been robbed by so many politicians through the years it is pitiful. People who are truly sick or injured and are in need can't even get it. Let alone for the government to just let a person retire in good health while they may have some good years to enjoy life. They will keep upping the age of retirement in hopes that people will die and never draw a dime from it even though they have paid into it all their working lives. :oregonian_gaah:

[101Scout]

The SS fund has been robbed by so many politicians through the years it is pitiful. People who are truly sick or injured and are in need can't even get it. Let alone for the government to just let a person retire in good health while they may have some good years to enjoy life. They will keep upping the age of retirement in hopes that people will die and never draw a dime from it even though they have paid into it all their working lives. :oregonian_gaah:

That's what I appreciate about you Nanette, you bring good common sense to a thread. That's because you have come thru life with your eyes wide open. It doesn't take too much to see thru the corruption going on all around us.

I'm sorry for your brother in law. He's one of the millions who have this happen only to be put off the system. So many ppl have been and are in trouble, yet not much assistance is there to help them in their crises. Seems like the sheeple just wish to ignore that part of this, doesn't it? As long as it hasn't affected them that is.

Wasn't it in 2000 that Al Gore spoke about putting a lock box on SS? To keep the DC thugs from stealing from it all the time? But we know what happened to Al Gore... his ideas that were better than Goober's was silenced! Gore was ridiculed by the righties for coming up with such a ridiculous idea. How dare the Dems try to protect the ppl's retirement money due to them! How dare they!!!!!

That's another good point, Nanette, that you made. many more ppl will die off before they collect their SS by raising the age limit. Think of how many ppl will die between 65 and 70!!!! Yes, in 35 years ppl will live another 5+ years longer than they do now.... some... but with all the newer diseases taking place now, I'm not so sure. The common cold can kill your ass now!! New germs to deal with!!! Then, since BushCo has busted open the mad ass bee hive in the middle east, we're faced with bio chem attacks.... and nuclear contamination that will kill us off faster!
Don't forget the tainted foods we seem to be having more of now also. Meats (animals) that's raised on bad feed. Some may live to be 80, but I say a lot less of the population will. SS will afford to pay out those retirment checks when most will die off before 70 to the few still living. Of course FICA will go up also to keep that enough money there.

What I wonder too is, if retirement is 70, can you imagine trying to work after 60-65 when one's body is in so much pain from aging???? Even folks in their 50s struggle with a body that begins to break down. But what do the sheeple care about? They get their peanuts today and that's all that matters.

[Gandalf]

You can draw early retirement at age 62. You can draw full retirement as the chart says:

[Only registered and activated users can see links] ([Only registered and activated users can see links] htm%23chart)

what your friend was talking about was delayed retirement credits:

[Only registered and activated users can see links]

[RoseVann]

At the time FDR set up SS and made the retirement age at 65, the life expectancy was age 66. That should tell us something right there. With people living longer and fewer people in terms of ratios paying in to support each current recipient, something's got to give.

I briefly looked over the AARP site and could see some of the proposals being made that might be implemented. I can also see lawmakers creating loopholes for the more wealthy to be able to skirt having to participate.

For instance, I read this: "The fairest way to fix this problem, some believe, is not to deny benefits to people who do well in life—that would penalize success—but to increase the taxation of benefits so that higher-income beneficiaries would make a greater contribution to keeping the system solvent." Well excuse me, but no matter how you try and put lipstick on a pig, to increase taxes on social security benefits for people who don't really need it is still penalizing success. I rather them just come out and say you're going to pay in, but when it comes time to retire and you don't need it, tough crap, you don't get all you were promised. At least that would be honest.

I think they'll raise the retirement age to just below the average age of when people die. It'll make a lot of people mad, but so will all the other proposals. People talk about "what's it going to take to get people off their bottoms and speaking up?" Something like this will cause it, you're messing with people's money and livelihood. If there's ever going to be a revolt in this country again, I say it's going to be a tax revolt.

[Nanette]

Well how about keeping politicians with sticky fingers out of the fund? Politicians have syphoned billions out of that fund over the years. This absolutely needs to stop!!

[RoseVann]

Well how about keeping politicians with sticky fingers out of the fund? Politicians have syphoned billions out of that fund over the years. This absolutely needs to stop!!

Wouldn't it be nice if politicans did what was best for the country rather than what's best for themselves? Unfortunately, the whole history of the world says that's unlikely to ever happen, but I agree with what you're saying.

Eventually the whole SS system is going to come crashing down, it's just a matter of when. The Egyptian, the Babylonian, the Persian, the Greek, and the Roman Empires didn't last forever, either. The circle of life. I'll stop now because waxing poetic is definately not something in which I have any talent, and I'm not wanting to be a downer.

Smile, it's Valentines Day! :)

[Christine]

Ya know Scout...I would really like some kind of link or evidence that any low level civil service worker in a SS office would say the things you just put here...

And not be fired immediately...

Seriously...

How the hell would he have a link to a story told to him by a friend? Geez Mart...that would be silly, don't you think?

[Christine]

:FFS:
So more RW hype and lies have infiltrated your thinking?


It was a simple commentary that was shared by a longtime board member that even a 3rd grader could understand. What's your excuse? HE WAS RELATING SOMETHING EXPERIENCED BY A FRIEND...what part of that did you not understand?

You must have some kind of short fuse or something to let THAT get you so freaked out! get a grip!

There's nothing right wing about Scout.

[Christine]

How about raising the cap instead of making the working class work til they die? Seems easy enough to do!

[Nanette]

No, Scout is NOT a right winger!

[talidapali]

I don't know what the answer is to this. I know one thing for sure, that if you have a disability and try to get SS you are screwed. My bother in law had a massive heart attack on the 8th day of July and now is in renal failure and he has been turned down on disability SS. He is 60 years old. It is a shame that a person pays into this all their lives and when they are past working due to illness or injury they cannot get it. I have no doubt that they will raise the age of retirement. They don't want to give it to people now who are in need. He hasn't drawn a check since the middle of July and we are feeding him. He had some savings, but his hospital bill wiped that out even though he had insurance. It is a shame and disgrace.

The SS fund has been robbed by so many politicians through the years it is pitiful. People who are truly sick or injured and are in need can't even get it. Let alone for the government to just let a person retire in good health while they may have some good years to enjoy life. They will keep upping the age of retirement in hopes that people will die and never draw a dime from it even though they have paid into it all their working lives. :oregonian_gaah:
It took me two years and a very good lawyer that worked on contingency until she won my case before I got SS disability. Call the American Bar Association in your state or city and get a few referrals for lawyers that take on disability cases on contingency. SS limits how much the lawyers can ask for in fees...usually about 25% or thereabouts. And document every tiny little thing your brother's doctors say about his condition. Like private health insurance companies, SS plays the "chicken game" with people who apply for disability...they routinely deny the first application claim. Don't waste time trying to reapply, just take the denial letter to the lawyer and get them moving on it. The entire process can take from 18 months to 2 years to go through. In the meantime, your brother may have to rely on family and friends for help, shelter, and support.

You should also check with state agencies for the indigent...they may cover medical and living...he can probably get food stamps right now...may not be a whole lot but every little bit helps. I hated having to ask for help, but I finally had to admit I could not do for myself anymore. It hurts, but you get over it...the relief of getting someone on your side and in your corner makes up for the embarassment you feel having to admit you cannot take care of yourself anymore.

[Crazy Guggenheim]

At the time FDR set up SS and made the retirement age at 65, the life expectancy was age 66. That should tell us something right there. With people living longer and fewer people in terms of ratios paying in to support each current recipient, something's got to give.

That was due to childhood diseases. I'll try to find a link that shows what the life-expectancy was when someone reached an older age.

On Edit:

The fact of the matter is life expectancy has increased due to the reduction of childhood diseases. Take a look at this link:

[Only registered and activated users can see links] ([Only registered and activated users can see links];3A%2F%2F[Only registered and activated users can see links])


Compare say 1850 with 2004:
0 10 20 30 40 50 60 70 80

18501 38.3 48.0 40.1 34.0 27.9 21.6 15.6 10.2 5.9

2004775.7 66.3 56.7 47.3 38.0 29.1 20.9 13.7 8.1

What really stands out is the age LE expectancy at birth! But the upper age groups have not changed all that much!

[martsmart]

How the hell would he have a link to a story told to him by a friend? Geez Mart...that would be silly, don't you think?

Christine, the ONLY thing I was questioning was the assertion that it was a SOCIAL SECURITY employee who was saying they were going to raise the age and that he may never get it cause it would be broke anyway..

If you are a low-level civil service emloyee, you just don't do that. You are NOT a policy maker and have NO authority to make politically tinged comments to the public you serve...in fact you will be fired for such.

That is ALL I was saying...and that made me dubious about the source...

Not sayin' there couldn't be an idiot employee out there... maybe ex-employee now...but I still found it questionable OK?

That's all, lol...

:)

[Christine]

okey dokey! :)

[101Scout]

In this study, it appears that retirement age is suggested to be raised to 68 by 2020.... so I would imagine what that age would need to be by 2040. Age 70 seems to meet that scale based on population expectancy and wage earners.... etc etc. The study group doesn't see it as anything to worry about tho. I feel differently.



[Only registered and activated users can see links]

Pension Shortfall

Study authors Sanderson and Scherbov agree that reform is needed. But if prospective age is taken into account, they said reform need not be as radical as many people propose.

Employing official retirement age as an example, the researchers point out that, using conventional calculations, Japan will have around 518 people over retirement age per thousand workers in 2020. However when the concept of prospective age is applied, the figure falls to 417 retirees per thousand workers.

In the case of the U.S., where the birth and immigration rates are significantly higher than in Japan, the researchers' calculations actually show fewer retirees per thousand workers in 2020 than there were in 2000 (206 vs. 209, respectively).

"In the U.S., the increase of two months per year in the age at which a full Social Security could be received would virtually guarantee the sustainability of the pension system without reducing promised benefits," the researchers write.

Taking a retirement age of 65 in 2000, that would mean raising the official Social Security retirement age to 68 in 2020. The researchers suggest adding three months per year for Germany, raising the retirement age there by five years over two decades.