Chris Christie Social Security Plan

[Fionn mac Cumh]

http://www.vox.com/2015/4/16/8422945...ocial-security

So raise the retirement age, but let keep the wage phase out. How about you pay Social Security taxes on all of your income with no phase out?

[Walks_in_islam]

Originally Posted by Fionn mac Cumh

http://www.vox.com/2015/4/16/8422945...ocial-security

So raise the retirement age, but let keep the wage phase out. How about you pay Social Security taxes on all of your income with no phase out?

"During the current year, the maximum monthly retirement benefit for someone who retires at their full retirement age is $2,663"

That earnings cap is based on that benefits cap. As long as libs raise the benefits cap to reflect what a worker actually put in the system then they can raise the earnings cap all they want to.

BUT WAIT: If the benefits cap is set to truly reflect what a worker actually put into the system then the SS system wouldn't have a balance sheet problem in the first place would it.