4 ms·
You are wrong. From ssa.gov: The Social Security Retirement benefit is a monthly check that replaces part of your income when you reduce your hours or stop wo
by skhunted 2y ago
You are wrong. From ssa.gov:
The Social Security Retirement benefit is a monthly check that replaces part of your income when you reduce your hours or stop working altogether.
Most people would refer to this as a “pension”. Call it whatever you want to. The fact is that its issues are easily fixable and your benefit is based on how much you put into it.
- tptacek 2y agoThis is not a very useful semantic argument. Pension programs routinely pay out to workers more than what was paid in; that's practically the definition of a defined-benefit pension plan. Either way: it's money the government pays out.
- kelnos 2y agoIt doesn't really matter what people would call it. What matters is what it actually is.