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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (69753)	5/3/2018 7:13:45 PM
From: Lane3	Read Replies (3) \| Respond to of 356541

The claim that current payments are based on current withholding and that benefits are based on what you paid in are not in the least bit contradictory. Perhaps that is what you are not thinking could be the case?? I'm pretty sure that benefits are already based on a version of what you paid in. Higher income earners during their working years get higher benefits in retirement for the most part. I don't recognize this supposed claim that current payments are based on current withholding. People don't get payments and pay withholding concurrently. There is a time when one pays withholding and a time when one collects benefits. So I guess I just don't understand the question. ...with a predefined effective investment income? I also don't understand your purpose in introducing the notion of interest at all. It does not naturally necessarily come into play so it is not intuitively obvious to me why you see that as valuable to the system. For me, KISS is always the default. Adding complicating stuff requires a compelling reason. I don't get where you want to go with this, what problem it is you're trying to solve. The only hazard with such a system is correctly projecting interest rates and population dynamics... I'd have to understand what you see as an advantage to introducing interest before I could begin to understand let alone evaluate your final paragraph.