----- Original Message -----
Sent: Thursday, February 15, 2001 8:03
PM
Subject: [Winona] Fw: Congress
My apologies to all gov't workers on this list!!
***************
Our Senators and Congressmen do not pay into Social Security, and,
of
course therefore they do not collect 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
benefit plan. In more recent years ,
no congress person 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 their same pay until they die, except it may be
increased time to
time for living
adjustments.
For example, former Sen.
Bradley, and his wife may be expected to
draw$7,900,000.00 with Mrs.
Bradley drawing $275,000.00 during the last years
of her
life.Their cost for this plan is zilch.
You
and I pick up this tab for this plan. This fine retirement plan
is
funded directly from the General Funds of the U.S. Treasury. OUR
tax dollars
at work.
Social Security,which you and I pay
into every payday for our own
retirement, with and equal amount
matched by our employer, we can expect to
get an average of
$1000.00 or better per month from OUR SS plan, or we would have to
collect
our benefits for 681 years and 1month to equal Bradley's
benefits.
Imagine for a moment that you could
structure a retirement plan so
desireable that people would have
extra amounts deducted from their pay to
enhance their own
personal retirement income. A retirement plan that worked so well,
that
Railroad
Employees, Postal Workers, and others who were not
in the plan would clamor to
be
included.
This is how good Social Security
could be, if only one small change
could be made.
That
change would be to jerk the Golden Fleece Retirement Plan out from
under the Senators and Congressmen. Put them into Soc.Sec. plan with the
rest
of us,
then watch how fast they would fix
it.
