If the package gets more expensive, the retired person would be on their own.
This seems to us like the perfect investment for a retired person with time on his hands.
The average retired person today can expect to collect lifetime benefits five times as great as the total taxes that he or she once paid, plus interest.
According to some projections, the Social Security taxes that those two workers and their employers would have to pay to support one retired person could drain away 25% of American payrolls.
So who is worth more, a young adult with no assets and a college loan but millions in human capital, or a retired person who has already realized their human capital?
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Instead, today's workers pay for today's retired and the demographic calculation is that whereas in 1995 there were roughly five people of working age for every retired person, in 2030 there will be only three.
I'm a retired insurance healthcare industry person and I live in the Richmond, Virginia area.
Mr. Young, who has won three big nontax whistleblower cases, wouldn't disclose his client's name or firm, but did say the person is retired.
Mr Matheson said he was confident that Lord Bonomy, who retired from the bench last year, was the right person for the job.
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The lord lieutenant role dates back to the time of the Tudors and holders are usually a retired local notable, senior military officer, peer or business person.
Democratic Congressman John Conyers, from whom she worked in Detroit from 1965 until she retired in 1988, described her as "an almost saint-like person".
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