bang guy
Moderator
Quote:
Originally Posted by Beth http:///t/394376/insurence-scare/20#post_3510470
SSI is strictly for disabled and/or elderly.
Right, but it's paid for by a payroll tax. The RR pension system doesn't pay anything toward destitute children. The people that are exempt from SS Tax do not contribute toward SSI. 100% of the burden is placed on those who contribute to SS. Everyone should share in that burden. The RR pension only pays for railroad employees, SS pays for everyone, even disabled children of railroad employees.
If Social Security only paid out to people that contributed then that would be different. Since it pays out as a Social Program everyone should have to contribute even if they have a seperate retirement system.
Originally Posted by Beth http:///t/394376/insurence-scare/20#post_3510470
SSI is strictly for disabled and/or elderly.
Right, but it's paid for by a payroll tax. The RR pension system doesn't pay anything toward destitute children. The people that are exempt from SS Tax do not contribute toward SSI. 100% of the burden is placed on those who contribute to SS. Everyone should share in that burden. The RR pension only pays for railroad employees, SS pays for everyone, even disabled children of railroad employees.
If Social Security only paid out to people that contributed then that would be different. Since it pays out as a Social Program everyone should have to contribute even if they have a seperate retirement system.