Editorials & Other Articles

...It appears to me that this would eliminate two policies that don't allow people to collect Social Security payments if no payments were ever made by them into the Social Security system.

In other words, a person who worked a job that didn't automatically remove a social security deduction from their paycheck becuase their employment had a different retirement pension system (and didn't pay into Social Security any other way) and is therefore not recieving Social Security payments now, would begin to receive Social Security payments now if this bill passes.

If that is correct, how would their Social Security benefits be calculated since they never paid anything in?

And how could the Social Security trustfund be expected to break even if it pays out to people who haven't paid in?

And why would anyone be receiving anything now if they never paid anything in?

I understand the hope is to keep the elderly funded after they stop working, and I agree with that, but shouldn't that happen under a different system than the "pay in-pay out" Social Security plan, especially when the retired employee is already receiving benefits from their non-Social Security pension plan?