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If they end the program, how will the US refill the social security coffers? It's my understanding that h1b1 employees pay into social security just like everyb

If they end the program, how will the US refill the social security coffers? It's my understanding that h1b1 employees pay into social security just like everybody else but it is likely they will never draw from it. Most Indians I've talked to plan to eventually go back home either due to family or because the wait is astronomically long.

kevin_thibedeau 8y ago
The total number of H-1Bs issued since the program's inception is only a couple million and most of those have expired. They don't constitute enough people to make a difference.
bdcravens 8y ago
There's about 500,000 h1b holders at any given time. That's less than 0.5% of the workforce. Probably a higher percentage paying into Social Security who will die prior to being eligible. According to this article, about 20% die prior to age 65, and some percentage of those will not have a spouse to provide benefits to: http://home.bt.com/lifestyle/wellbeing/did-you-know-20-of-men-die-before-retirement-age-11363985764112 http://home.bt.com/lifestyle/wellbeing/did-you-know-20-of-me...
muzz 8y ago
Refill? The Social Security surplus is over $2.6 Trillion
- kamaal 8y ago
  Actually no. >>At the end of 2014, the Trust Fund contained (or alternatively, was owed) $2.79 trillion, up $25 billion from 2013. >>Trust Fund obligations are considered "intra-governmental" debt, a component of the "public" or "national" debt. As of June 2015, the intragovernmental debt was $5.1 trillion of the $18.2 trillion national debt. Its still a huge total net negative on the government. And you still desperately need those immigrants to be working 20 hour days doing start ups and build tax paying companies, so that some where some one in mid west can buy an iPhone using SS handouts and scold the immigrants for the very value they provide using that iPhone.

3 ms·

If they end the program, how will the US refill the social security coffers? It's my understanding that h1b1 employees pay into social security just like everyb

by broknbottle 8y ago

kevin_thibedeau 8y ago
The total number of H-1Bs issued since the program's inception is only a couple million and most of those have expired. They don't constitute enough people to make a difference.
bdcravens 8y ago
There's about 500,000 h1b holders at any given time. That's less than 0.5% of the workforce. Probably a higher percentage paying into Social Security who will die prior to being eligible. According to this article, about 20% die prior to age 65, and some percentage of those will not have a spouse to provide benefits to: http://home.bt.com/lifestyle/wellbeing/did-you-know-20-of-men-die-before-retirement-age-11363985764112 http://home.bt.com/lifestyle/wellbeing/did-you-know-20-of-me...
muzz 8y ago
Refill? The Social Security surplus is over $2.6 Trillion
- kamaal 8y ago
  Actually no. >>At the end of 2014, the Trust Fund contained (or alternatively, was owed) $2.79 trillion, up $25 billion from 2013. >>Trust Fund obligations are considered "intra-governmental" debt, a component of the "public" or "national" debt. As of June 2015, the intragovernmental debt was $5.1 trillion of the $18.2 trillion national debt. Its still a huge total net negative on the government. And you still desperately need those immigrants to be working 20 hour days doing start ups and build tax paying companies, so that some where some one in mid west can buy an iPhone using SS handouts and scold the immigrants for the very value they provide using that iPhone.