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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (212032)11/19/2004 6:36:55 AM
From: Road Walker  Read Replies (1) of 1574000
 
re: Some cuts will probably have to be made to the middle class payments as well as there are not enough wealthy people.

Remember that the benefit payment is based on the lifetime contribution (to an extent). The biggest contributors can get more than double the lowest contributors. So taking away the benefit from the wealthy would be more substantial than just the number of recepients.

re: And that projection includes just regular normal changes, no exceptional breakthroughs in combating aging and age related diseases. And it should keep increasing after 2030.

Not really. (BTW this is a damn cool chart).

ac.wwu.edu

After 2030 population growth of retirement age slows, while population growth of working age increases. The echo boomers are coming.

John
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