ELF News Archives
April 2004- Social Security: Half of Nothing Isn't Much -
About one-third of all current federal and postal workers (nearly everybody hired before the mid-1980s) are under the old Civil Service Retirement System. And about half those CSRS will be eligible for a Social Security benefit. That's either based on their private sector work history, or the Social Security coverage of a spouse.
Federal News Radio.Com 5/25
- Social Security This Week: May 21, 2004 -
Armey: Private Accounts Will be Key to Bush Reelection; Cato's Rodriguez Tells Senate Aging Committee America Can Learn
from Chile's Pension Reform; William Shipman: Reform an Issue of Personal Liberty; and much more!
Cato Institute 5/25
- Is Social Security the most destructive government program ever devised? -
Social Security really isn't a "retirement plan" at all. Social Security taxes are never invested in real assets, and none of us actually own any part of the so-called Social Security "trust fund." Instead, Social Security is really just a tax combined with a welfare program for the elderly. The program's name and description disguise its true nature.
Downsize D.C. 5/14
- Medicare HMOs save seniors $ -
Seniors in Medicare HMO plans spend on average 34 percent less than those who opt for the traditional fee-for-service plan, and the savings are expected to continue next year, program administrators said yesterday.
The government plans to hike the reimbursement rate to Medicare HMOs by at least 6.6 percent next year, which is expected to translate into lower premiums and additional benefits
Boston Business Herald 5/13
- Medicare proposes rules to help rural hospitals -
Medicare proposes rules to help rural hospitals
KYTV 5/13
- Social Security's fatal flaw -
The fatal flaw, as a recent analysis by economist Stephen J. Entin makes all too clear, is the inevitable collision of soaring benefit growth and the declining ratio of workers to retirees.
Kansas City Star 5/12
- Making a case for privatizing Social Security -
Could your retirement fund use an extra $175,000? I thought so. How about $350,000? Possibly even $400,000 if you swing for the fences. Well, it might have happened — if you had invested a portion of your payroll tax instead of sending it to Washington to support Social Security.
Houston Chronicle 5/12
- Some Fast Facts on Social Security -
When you collect
Here is the “full retirement age” at which you become eligible for full Social Security benefits.
Philly.Com 5/12
- Social Security This Week -
Crane May Head Social Security Panel in 2005; Kondracke: Bush and Kerry Must Provide Leadership on Social Security
Reform; Lawrence Kudlow: Wealth and Retirement Prosperity with PRAs
Cato Institute 5/12
- Doing the math
Complex Medicare drug plan befuddles some -
Last week, drug makers and card sponsors reported that some drug prices listed on the Medicare Web site were either too high, too low or incorrect. Some questions about the program are conflicting or aren't yet answered. Some card sponsors haven't yet listed the drugs they'll cover.
Richmond Times Dispatch 5/10
- The Retirement Danger No One Is Talking About -
Unfortunately, many people won't realize how ill-prepared they are for retirement until it's too late. They don't know how much more to save, how to build an investment portfolio, or how to make the most of retirement tax law so they can enjoy 10, 20, or 30 years of retirement security and freedom.
Many will retire -- then be forced to go back to work. Many won't be able to retire at all.
CBS 5/10
- Social Security and the Left's Lies -
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:
1.) That participation in the Program would be completely voluntary,...
PHXNews 5/07
- Social Security Time Bomb, and the Candidates Aren't Talking -
Washington recently went into one of its periodic spasms of shock and indignation because of Federal Reserve Chairman Alan Greenspan’s (search) comments that Social Security cannot continue to pay its promised level of benefits with its currently projected levels of revenue.
Fox News 5/07
- Social Security is the golden goose -
During FDR's administration, when Social Security began, contributions were deposited directly into the Social Security Fund.
Somewhere along the way, the politicos arranged for the contributions to be first placed in the General Fund.
Arizona Republic 5/07
- Kerry backs fix for Social Security -
By combining her savings with Social Security and some help from her kids, Mom will have enough retirement income to live independently for as long as she wishes.
Arizona Republic 5/07