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Reply #14


Response to AnotherMcIntosh (Reply #11)

Tue Jan 1, 2013, 01:42 PM

14. It's considered a tax because it is a mandatory collection from the

income of the of those employed.

But it is debited to your account and the amount you put in determines the amount you get.

Widows are eligible for benefits. It also funds the Federal Disability program.

We can all quibble about how it is defined but the bottom line is that you are entitled to a federal retirement or disability payments based on how much you earned via your contribution to the fund.

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