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UPDATE 2-Poland reduces public debt through pension funds overhaul | Reuters
The govt just takes your money.
The govt just takes your money.
There was a "sort of" work requirement for most welfare in place.While most will not like this I do NOT think there should be anyone who hasn't paid into SS or the medicare program to receive one dime from it. That includes babies born with disabilities, illegals, those here for political reasons and this BS of 100% medical for anyone other than military vets has to stop now and drug tests for those who do receive it. I paid over 38 years into SS, so I feel I have a say about how it's paid out. Then they can put a limit on welfare too, mandatory work requirements and drug testing! All government employes get the same retirement SS as any other citizen that pays in to it from the president on down.
There has been a bill floating around about that. I'm not talking about the latest one where they want to limit the amount you can have in your account.The only way out for Socialist will be to take every dime other have save and pas it around.
Coming just a madder of when. Both public and private retirement saving will be taken for the greater good.
This is why we have the second amendment. Countries that do this must believe they have broken the spirit of retired people to the point they cannot or will not fight.UPDATE 2-Poland reduces public debt through pension funds overhaul | Reuters
The govt just takes your money.
That tells you what a stupid idea it is to buy an annuity. When a former communist and bankrupt government turns to them they have got to be a fools retirement plan.There has been a bill floating around about that. I'm not talking about the latest one where they want to limit the amount you can have in your account.
This one would take all retirement accounts and turn them into a government annuity to be paid at a rate the government decides is "fair". It pops up in the news every so often.