Comment

retirees started receiving benefits even if they never paid into the system, which was paid for by the current workers who were paying into the system.

The vast majority of current boomers have fully paid for their own Social Security pension.

Social Security is also not a pension.

That’s a distinction without a difference.

source

Sort:hotnew top

queermunist@lemmy.ml ⁨1⁩ ⁨day⁩ ago
The OP specifically depicts someone that’s 90 years old.

The amount they paid in to Social Security ran out years ago.

source
- ronl2k@lemmy.world ⁨1⁩ ⁨day⁩ ago
  Social Security was designed to have winners and losers in the contributions game. My mom died at 64, and my dad died at 59. They both contributed to Social Security during their entire working lives without collecting a cent from it. That’s the way it goes.
  
  source
  - queermunist@lemmy.ml ⁨1⁩ ⁨day⁩ ago
    Okay, but that necessarily means that other people are now paying for their Social Security. This isn’t money they paid in themselves, these are contributions coming from people like us.
    
    source
    ronl2k@lemmy.world ⁨7⁩ ⁨hours⁩ ago
    
    but that necessarily means that other people are now paying for their Social Security.
    
    Who is “their?” Currently Social Security is designed for workers to pay for their own retirement.
    
    source