From: utzoo!decvax!harpo!ihnp4!iwsl2!jgpo Newsgroups: net.misc Title: Re: Social Security solution Article-I.D.: iwsl2.135 Posted: Wed Jan 26 18:43:19 1983 Received: Sat Jan 29 08:46:00 1983 Reply-To: jgpo@iwsl2.UUCP (John Opalko) References: hocda.234 I agree. I feel that I'm young enough (also 28) to afford losing my SS investment so I can put my SS contributions into an IRA or similar fund and stop wasting it on a soon-to-be-defunct anachronistic *ripoff*. I say that everyone already in the system be given the option of stopping contributions, losing what they have already put in, and waiving all rights to future benefits. At the same time, those people who choose to remain in the system will be *guaranteed* benefits for the rest of their lives. Probably, most young people will opt out and those who have a sizable investment already and are near retirement will remain. Eventually, the system will die a graceful death, the dropouts will have established personal retirement savings (if they're smart; if not, well...), and the persons who elected to ride it out will have received all the benefits they were promised. It seems fair and reasonable. Of course, that's the best argument against it. When did the Government EVER do anything that was fair or reasonable or (God forbid) BOTH????? Revolutionarily yours, John (the mad Hungarian) Opalko