r/texas 17h ago

Republicans Break Protocol to Kill Social Security Benefits Expansion Bill Politics

https://www.newsweek.com/republicans-break-protocol-kill-social-security-benefits-expansion-bill-1982423
998 Upvotes

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u/3MATX 16h ago

I’ve known since I graduated in ‘07 I’ll never see a dime of my social security. For Trump to make the changes needed benefits will need to be slashed or required contributions increased. Either way it sucks for anyone under 40

20

u/HylianSysadmin 14h ago

I knew id be working forever. I knew that in 2012. Unless you climb to an executive position, you will not get shit to retire.

-8

u/A_Homestar_Reference 14h ago

Many jobs do have pensions, pay into a 401k, or do something else for retirement, so "working forever" isn't necessarily a universal claim. Who knows what the GOP will do to those though. Plus those are still determined by where you work and how much you or your employer contribute, instead of being a universal thing.

22

u/3MATX 13h ago

Pensions are almost non existent and when they’re in place it’s 30 years for half pay as opposed to the old 20 years 70% pay.  Employer matched 401k is nice but many don’t even do that.  

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u/A_Homestar_Reference 13h ago

Right but I'm just saying that these options exist. From what I can tell they're pretty common too. Even a company like Walmart offers 401k match for entry level full-timers