Break the Chain The Job Has Its Perks

Created 8/29/2001, previously updated 3/6/2003 (11/192003) We've grown to accept the notion that all politicians are crooks. So accustomed to the idea are we that we often see patterns of misdoings in the most innocuous of things. Throw in a little misinformation and exaggeration, and you've got one popular chain letter.

SAMPLE CHAIN LETTER TEXT

This is worth the read. It's short and to the point.)

Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then finding that we are getting taxed on 85% of the money we paid to the federal government to "put away,"

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So pass this on please! 2004 Election Issue and this is a must! Please! Keep it going.

Perhaps we are asking the wrong questions during election years. Our Senators and Congress men & women do not pay into Social Security and, of course, they do not collect from it. You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan.

In more recent years, no congressperson 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 the same pay until they die, except it may increase from time to time for cost of living adjustments.

For example, former Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275,000.00 during the last years of their lives. This is calculated on an average life span for each. Their cost for this excellent plan is $00.00. Nada. Zilch. This little perk they voted for themselves is free to them. You and I pick up the tab for this plan. The funds for this fine retirement plan come directly from the General Funds-our tax dollars at work!

From our own Social Security Plan, which you and I pay (or have paid) into-every payday until we retire (which amount is matched by our employer) --we can expect to get an average $1,000 per month after retirement. Or, in other words, we would have to collect our average of $1,000.. monthly benefits for 68 years and one (1) month to equal Senator Bill Bradley's benefits!

Social Security could be very good if only one small change were made. That change would be to jerk the Golden Fleece Retirement Plan from the Senators and Congressmen. Put them into the Social Security plan with the rest of us ... then sit back and watch how fast they would fix it.

If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve.

How many people can YOU send this to? PLEASE!!

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The author of this collection of lies, half-truths and false assumptions wants to "plant the seed." But what seed? If he or she is referring to the seed of discontent, the popularity of letters like this one prove that flower is already blooming!

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Nevertheless, The claim that congressmen do not pay into Social Security and, instead, draw outrageous pensions from the general fund is total fiction. Congressmen have paid into Social Security since 1983, when a change in public law dissolved the Civil Service Retirement System (CSRS).

Likewise, they do not "continue to draw their same pay, until they die." Instead, they pay into the Federal Employees' Retirement System (FERS) and, upon retirement from service, draw a pension based on several factors, including years of service and age. Earlier versions used Bill Bradley and Hilary Clinton as examples (also fabricated). Break this Chain!

What Do You Think?

Category: Political Ponderings
References: Snopes.com

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