So in spite of the promise not to cut SS benefits

[cnm]

Raising the retirement age is not a cut in benefits.

MAGAt logic. One can see how Chump was voted in.

 

[cnm]

They raised the benefit age on me and I didn't bitch. Do you want Social Security to be around when you need it? Then something has to be done.

Uncapping payments seems an obvious move.

 

[cnm]

You just described every politician and almost all successful businessmen.

Are you a successful businessman?

 

[John Edgar Slow Horses]

Uncapping payments seems an obvious move.

Put retirement at 63, and uncap income tax on SS.

 

[cnm]

It impacted me.

When I started working full retirement age was 65, it was raise to 67.

I had two years of full benefits cut.

WW

Raygun, wasn't it? 1983, apparently. He was Republican too, wasn't he?

 

[whitehall]

"Would cut"? What does that mean when the minority party is angry and vindictive and supported by the propaganda arm of the democrat party, the mainstream media? It's hate politics and the TDS hate filled left wants to believe it.

 

[Toddsterpatriot]

MAGAt logic. One can see how Chump was voted in.

By not being Gigglytwat?

 

[cnm]

"Would cut"? What does that mean when the minority party is angry and vindictive and supported by the propaganda arm of the democrat party, the mainstream media? It's hate politics and the TDS hate filled left wants to believe it.

If MAGAts didn't have projection they'd have nothing.

 

[WorldWatcher]

Raygun, wasn't it? 1983, apparently. He was Republican too, wasn't he?

Ya, the recognitin was the baby boomer generation was going to create a big bubble in SS benefit commitments. So in 1983 the age was raised for full retirement from 65 to 67, and the tax rate was raised. The plan was to streagnth SS for 50 years. This was tweeked a little in 1990.

The Trust fund is supposed to be exhausted in 2034, so from 1983 to 2034 - they hit the 50 year mark pretty well. Now we need the next 50 year "fix".

WW

 

[tahuyaman]

You describe you and yours. What we want is real evidence, which you and yours never provide.

This nimrod thinks government fraud, waste, mounting debt and ever expanding government doesn’t exist. He needs evidence. Lol.

 

[tahuyaman]

Raygun, wasn't it? 1983, apparently. He was Republican too, wasn't he?

Congress writes laws you dim wit.

 

[Wild Bill Kelsoe]

They have produced a budget that cuts SS benefits.

And yes, raising the retirement age is a cut to your benefits.

Look here to see how many are affected in your district.

House Republican Budget Plans Would Cut Social Security Benefits

The Republican Study Committee, which represents nearly 80 percent of House Republicans and 100 percent of House Republican leadership, has released a 2025 budget that would make Republican plans to gut Social Security a reality. By forcing Americans to work longer for less, their budget would...

democrats-budget.house.gov

The Democrats said it, so it must be true. Democrats would never lie...lol

 

[Luckyone]

They have produced a budget that cuts SS benefits.

And yes, raising the retirement age is a cut to your benefits.

Look here to see how many are affected in your district.

House Republican Budget Plans Would Cut Social Security Benefits

The Republican Study Committee, which represents nearly 80 percent of House Republicans and 100 percent of House Republican leadership, has released a 2025 budget that would make Republican plans to gut Social Security a reality. By forcing Americans to work longer for less, their budget would...

democrats-budget.house.gov

 

[tahuyaman]

They have produced a budget that cuts SS benefits.

And yes, raising the retirement age is a cut to your benefits.

Look here to see how many are affected in your district.

House Republican Budget Plans Would Cut Social Security Benefits

The Republican Study Committee, which represents nearly 80 percent of House Republicans and 100 percent of House Republican leadership, has released a 2025 budget that would make Republican plans to gut Social Security a reality. By forcing Americans to work longer for less, their budget would...

democrats-budget.house.gov

There is no reduction in your social security benefits. Social Security payments will not be impacted.

People can still start receiving their benefits at 62 years old.

 

[WorldWatcher]

There is no reduction in your social security benefits. Social Security payments will not be impacted.

People can still start receiving their benefits at 62 years old.

How does raising the retirement age not equate to a cut in benefits?

That's the WHOLE purpose of raising the age, to reduce benefit payouts.

WW

 

[tahuyaman]

How does raising the retirement age not equate to a cut in benefits?

That's the WHOLE purpose of raising the age, to reduce benefit payouts.

WW

If you want to start receiving your benefit at 62 you still can.

 

[WorldWatcher]

If you want to start receiving your benefit at 62 you still can.

Not if they raise the age.

THAT is the premise that was Crepitus said.

If they raise full retirement age to 70 (i.e. +3 years), then that is 3 years without benefits.

If they raise the FRA to 70, then that means the early retirement lower limit would be raise to 65.

Even if they leave the early retirement age at 62, the way early retirement is calculated the amount you would receive at 62 the amount is LOWER. So the way it works is that your FRA amount is reduced by 5/9ths of 1% for the first 36 months early, then an additional 5/12ths of 1% for each additional month. So if FRA is raised and the early retirement age is still 62, there is in increased percentage of penalty for retiring early. An additional 36 months of the 5/12th of 1% reduction.

WW

 

[John Edgar Slow Horses]

This nimrod thinks government fraud, waste, mounting debt and ever expanding government doesn’t exist. He needs evidence. Lol.

Another allegation with no evidence. Produce it, please.

 

[tahuyaman]

Another allegation with no evidence. Produce it, please.

I noticed you didn’t deny it.

 

[tahuyaman]

Not if they raise the age.

THAT is the premise that was Crepitus said.

If they raise full retirement age to 70 (i.e. +3 years), then that is 3 years without benefits.

If they raise the FRA to 70, then that means the early retirement lower limit would be raise to 65.

Even if they leave the early retirement age at 62, the way early retirement is calculated the amount you would receive at 62 the amount is LOWER. So the way it works is that your FRA amount is reduced by 5/9ths of 1% for the first 36 months early, then an additional 5/12ths of 1% for each additional month. So if FRA is raised and the early retirement age is still 62, there is in increased percentage of penalty for retiring early. An additional 36 months of the 5/12th of 1% reduction.

WW

Even with this CR, if you want to receive your early Social Security benefit at 62, you're free to do so.

Crepitus is an imbecile.