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Brown Cafe UPS Forum
UPS Retirement Topics
UPS subsidizing non ups pensions
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<blockquote data-quote="tieguy" data-source="post: 123795" data-attributes="member: 1912"><p>In my opinion the problem with SS is that while there is some social good with the program its main purpose may have been to create jobs for good democrats. The beurocracy of SSA is a drain upon the funds meant to help retirees and those who become dependent/ disabled. It also provides an interesting addition to this debate. Were we to invest all the money we pay to SSA throughout our working lives we would have a nice chunk of change possibly be millionaires by the time we retire. The only thing that keeps me from endorsing total privitization is the fear that not all would invest their money wisely. But even then it would be hard not to do better then the SSA.</p></blockquote><p></p>
[QUOTE="tieguy, post: 123795, member: 1912"] In my opinion the problem with SS is that while there is some social good with the program its main purpose may have been to create jobs for good democrats. The beurocracy of SSA is a drain upon the funds meant to help retirees and those who become dependent/ disabled. It also provides an interesting addition to this debate. Were we to invest all the money we pay to SSA throughout our working lives we would have a nice chunk of change possibly be millionaires by the time we retire. The only thing that keeps me from endorsing total privitization is the fear that not all would invest their money wisely. But even then it would be hard not to do better then the SSA. [/QUOTE]
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