The Way I See It….
I hate to be the devils advocate but I’m just sick and tired of reading on blogs that criticized the social security reform agenda of Pres. Bush. I am not saying that I agree with the “big guy” but at least he has come up with ways on how to help the system.
For all those great minds out there what can you suggest the social security agency to do in order to increase its funds? Because to tell you honestly the agency really is in dire need of funds. And if we want for it to continuously serve its purpose we should all pitch in to help. But for one thing, social security members will not agree to increase their contributions if they are to receive the same scheduled amount of benefits. So where do we go from here?
We don’t want the big guy’s suggestion and we don’t want either to pay additional social security contributions. The way I see it the social security requires reforms but not the reform that the big guy wants. In my opinion I think there are certain provisions in the Social Security that needs to be revise or removed especially pertaining to the beneficiaries as well as to the benefits to be given. I notice so many provisions that require amendment like these provisions for example:
- Continues eligibility for Social Security benefits for disabled widow(er)s, disabled surviving divorced spouses, and surviving divorced spouses who remarry after entitlement.
- Permits a divorced spouse age 62 or over who has been divorced for at least 2 years to draw spouse's benefits whether or not the former spouse who is eligible for retirement benefits has retired or applied for benefits.
I really don’t see any significance of these provisions. I feel like this is an example of an incorrect channeling of benefits. I just don’t get the logic behind this provision. I mean the social security is going to provide benefits for the divorced spouse and at the same time providing benefit for the current spouse. The agency is paying too much for these benefits alone. What do you think?
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