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RE: SS, MORE than retirement


From: Bill Larsen

>Social Security earns the current rate a treasury note does. No
>more and no less. You can check out the rates paid from 1937
>till current and the average in 1998.

The current weighted average is over 7%. But for most, this number is not relevant. It is a reflection of the the financial solvency of the SS Trust Fund, but does not directly effect benefits.

SS is more a defined-benefit plan than a defined-contribution plan.



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