That isn't totally true. It is possible to keep getting payments after what you paid in is exhausted. If you die before all your balance is paid out, that balance is not given to your survivors.
If it was all about your own money, why can't you opt out? Why can't I request a lump sum payment now to invest in the market and retire early?
Nope it is all a big ponzi scam.
That isn't totally true. It is possible to keep getting payments after what you paid in is exhausted. If you die before all your balance is paid out, that balance is not given to your survivors.
True. And I'm generally okay with that. Again: that's social security, that's a thing that everyone either gains or loses, so it's a net zero. We don't have that, and being specific when naming "social security" should be done.
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