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| Re: Never Mind, King Cuomo II Got His Tier 6 (944582) | |||
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Re: Never Mind, King Cuomo II Got His Tier 6 |
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Posted by bingbong on Thu May 24 18:26:37 2012, in response to Re: Never Mind, King Cuomo II Got His Tier 6, posted by SLRT on Thu May 24 16:02:57 2012. You're wrong on one thing....Social Security IS a pension same as the NYS State Employee pension system. It is, and was always intended to be a supplemental pension to whatever pension a retiree received from their employer. There used to be a pension system where every employer paid retirees. Many went bust in the Great Depression, after which pension payments were reduced or nonexistent. and Social Security was formed to fill the gap between what your job's pension provided and what you needed to live.So, you're right, they cannot eliminate it as once an individual pays into they system, they earn the right to payment upon retirement based on what they (and their employer) paid in. It IS a pension. It IS guaranteed. Private pensions aren't. |
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