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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would not, and don't, ignore SS.  Worst case scenario is that it pays 70-80% of current benefits (or that it's means tested which is about the same thing probably).

I think FERS get "COLA-lite"--  something like 1-2 percentage points below the calculated COLA.
[/quote]

Why is this the worst case scenario?  I admit that I do not pay too much attention, and I am not a doomsday type person.  But is it really outside the realm of possibiltiy that Congress could pas a law severely curtailing SS to a MUCH lower benefit?[/quote]

Worst case scenario was shorthand for "if the social security trust fund goes broke and is not replenished".  I suppose we can all come up with theoretical possibilities, but I don't think repealing social security is a reasonable one, just like I don't think entirely repealing medicare, medicaid, or vested federal pensions is a reasonable possibility.

Personally, I think the only way we lose social security is if the wealthy right wingers convince the current/next generation that we can't afford it and they shouldn't expect it (just like they almost convinced people to repeal the estate tax, which would have been a tax increase for 99.9% of people, but huge windfall for the super-rich).[/quote]

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