Re: Refresher Course on Social Security
- From: "Jerry Okamura" <okamuraj005@xxxxxxxxxxxxx>
- Date: Fri, 9 Mar 2007 19:10:29 -0800
"mg" <mgkelson@xxxxxxxxx> wrote in message news:1173487909.684085.249260@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Mar 9, 8:43 am, "Jerry Okamura" <okamuraj...@xxxxxxxxxxxxx> wrote:"mg" <mgkel...@xxxxxxxxx> wrote in message
news:1173410035.175824.315600@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> On Mar 8, 2:29 pm, "California Poppy" <GoldenStatePo...@xxxxxxx>
> wrote:
>> I am still working part-time for a city rec & park department. They
>> have their own retirement program rather than SS, which is what I
>> think all should be. I was given 19 choices of mutual funds. They
>> are labeled as growth, income, and stability. We were given their 3-
>> year average % increase. I chose a Conservative Growth Lifestyle
>> Fund for 50% of my retirement and a Core Bond Fund for 50%, but I
>> could have chose any fund and any percentage, and I could change any
>> year. This is what should be available for everyone.
> A "city rec & park department" is a government agency that feeds from
> the public trough. They're not subject to the ups and downs of the
> free-enterprise system. They don't have to make a profit. If you are
> suggesting they're system should be extended to private corporations,
> you're comparing apples and oranges.
No she is saying that what is good for the goose is good for the gander.
She is saying she works for a government agency who offers her an
opportunity to invest her money and provide her with a chance to make a
better return on her investment.
She also said:
"They have their own retirement program rather than SS, which is what
I think all should be."
In otherwords what she is apparently saying is that state and local
government employees don't participate in the SS program, therefore it
should be eliminated.
Well, either fix it, or do away with it, and start from scratch..because it ain't doing such a good job right now.
.
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