Social Security

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Author: Jerry Pinson

Started: November 11, 2006, 1:18:41 am

Target: Nancy Pelosi

Category: Government & Politics

Supporters:

Goal:

10,000,000

Goal Progress:

Status

Active

Nancy Pelosi
District Office - 450 Golden Gate Ave. - 14th Floor - San Francisco, CA 94102 - (415) 556-4862

Washington, D.C. Office - 2371 Rayburn HOB - Washington, DC 20515 - (202) 225-4965

sf.nancy@mail.house.gov

Nancy Pelosi,

The Constitution grants no authority to the federal government to administrate a Social Security system. We advocate phasing out the entire Social Security program, while continuing to meet the obligations already incurred under the system. Until the current Social Security system can be responsibly phased out, we propose that:

The Social Security tax not be a "rainy day" fund which politicians can pirate, or from which they can borrow to cover their errors and pay for their excesses.

Individuals who have contributed to Social Security would have their Social Security Taxes, that they have paid be put into the Government's Thrift Savings Retirement Plan in the name of the Individual.

Instead of a Social Security Tax, Employers would withhold 5% of Employees Wages and Employers would be required to match 5% to be deposited into the Government's Thrift Savings Retirement Plan in the name of the Employee.

Any sort of merger between the U.S. Social Security System and that of any foreign country be banned, so the distribution of benefits will not go to persons who have not qualified for payments under American law as legal residents.

Earning limitations on persons aged 62 and over be removed, so that they may earn any amount of additional income without placing their benefits at risk.