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Originally Posted by flstf
Even if you don't agree that the current plan is heading for trouble, what's wrong with giving us a real retirement plan like the bureaucrats have? Congress has exempted themselves and government employees from SS and has given themselves a much better plan. I think it would be only fair that we be given the same consideration.
I don't think we can depend on companies to continue to offer retirement plans, they seem to be cancelling them more and more. We will have to take care of ourselves. The money we put away for retirement including SS should at least be able to be invested and build up and grow. I don't understand how anyone can be against this.
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The solution here is to remove this extra special retirement plan from the government. There is little to no likelyhood that the government can afford to provide the plan that they have to all citizens.
And just to be clear, the privatization of SS is not supposed to improve an individuals retirement benefits, it is very specifically supposed to remove the governments obligation to provide it (whether it improves benefits or not is a secondary intention). The exact opposite of what you are looking to gain.