Quote:
Originally posted by Mmmm, Burger (C.J.)
Does a rise in the cap alone solve the problem? I thought benefits were tied to how much you put in, up to the capped level. So if you raise the cap, don't you raise the liabilities as well? Or is there not a 1:1 ratio--i.e., stick it to the rich some more?
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You don'tnecessarily have to tie a rise in the cap to a rise in benefits. And it isn't really a stick it to the rich situation. The system was never intended to allow more than a modest benefit. It was supposed to provide a basic livable benefit level originally. Of course, under current payouts, it doesn't provide that, but without means testing and/or a sliding scale phasing benefits out as other income rises, we can't begin to afford to provide one.
