reply to post by jimmiec
Yeah.... jumbled brained zombies out there...
as far as my feeble brain of 65 years understands it----
the current scheme is that people who contributed to SS... and were born in 1950... that is the cut-off date for for those individuals to be covered
under the old SS guidelines (with early retirements (62 yrs) & 65 YO as the requirement age to collect SS at 100% of the older existing rates.
the age for future retirement is going up gradually, i think that 67 years is the new entry point and that will increase to 69 years under the current
reform schedule that inviolves about a decade of implementation...
~go to the Law Source to find out the detauls...i suggest~
my own rememberances of this convoluted issue is very suspect
you are correct. if Romney gets in or if Obama gets back in ---- there are some serious reforms coming... theres a big tsunami of public opinion
(faulty-as-it-is) that wants to severely reduce the SS pension payments to seniors.... that tactic is already being played out with the annual CPI ,
cosy-of-living increases being capped at 1.7% when in the case of 2012 for instance, the CPI was both faulty and contrived to be only 3.7%
So one can see that the elderky are being screwed by the 'Austerity
ploy by a mere (official figure) of a loss of a righteous -2 % COLA just
thats AFTER the 'sensitive and caring' Obama Regime had already suspended the Annual COLAS for SS recipients for the years 2010 & 2011.... So he
could give another couple million more people food stamps and untold millions of 'poor' a free cell phone known among the parasite welfare class as an
THAT TO ME AND +5 Million other retirees duly constitutes === IN EFFECT=== A TAX INCREASE
(as our standards of living) costed more and we had to do without in some other facet of our lives
[[i am presently having to forego my dental visits because i must come up with over $2,300 by Dec 31st to pay the taxes on a home that shelters 2
fixed income retirees on SS payments as the sole source of my ability to pay]]
see, they will be happy if we both commit suicide in protest or just plain exhaustion from the pressure that government places on people in our
yo, the OB (obamacare ACA) death panels are actually here now but un-seen !
the 54 YO your post cites is seriously misinformed, and might be relying on hearsay and pop culture myth
the person need to either invest time in research at a Library access to the internet or needs to join a social group, like a retirement 'meet-up' or
some other group of peers that flesh out strategies to cope with the changing times...
how pathetic..... !
but thanks for the thread topic
edit on 4-11-2012 by St Udio because: (no reason given)