oaf@mit-vax.UUCP (Oded Feingold) (11/13/85)
[Sevener on social security benefit levels] > Whether they should get the current level of benefits which > amounts to more than they ever paid into the system is > another question. But in deciding this question one also > has to calculate what their payments into the system are now > worth accounting for the interest rate. ------------------------------ While you're at it, let's factor in inflation (presumably triv) AND remember that FICA payments come from working people. Presumably, the cumulative result of all that work was to increase the value of the US economy, so it is better capable of paying higher benefits. Consider it an investment - you does your work, you pays your ante, the enterprise pays off and you're taken care of in retirement. Naah, let's cut 'em off. -- Oded Feingold MIT AI Lab. 545 Tech Square Cambridge, Mass. 02139 OAF%OZ@MIT-MC.ARPA {harvard, ihnp4!mit-eddie}!mitvax!oaf 617-253-8598