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[quote]QUOTE: Originally posted by CG9602 Why would I pose such a question? At the time I posted the question, I wanted to knwo why two systems existed when they shared common qualities. I now see that with one particularly helpful posted, the rrb is the pension fund, while I already knew that SSI was just a supplement to what an employer ( or in my case, myself) haad already set up. I wasn't talking about eliminating one with no replacement, I was talking about replacing one with the other - that's all. Perhaps I misunderstood. Social Security takes money from current workers and then redistributes it to current retirees. It is what is called a "current-payer" system. I was under the impression that RRB does exactly the same . . . taking from current workers and then redistributing it to folks who are already retired. That's why I asked. I'm sorry if I made anyone angry. I was unaware of what CSSHEGEWISCH pointed out. Thank you CSSHEGEWISCH. As for some of the others, thank you for responding, but your answers weren't at all helpful. I asked about combining two systems that I thought were interchangable. I now understand that RRB isn't the carbon copy of SSI. I didn't ask about board members' attitudes about politicians, or how much time people put in at work or time off, or how much taxes people paid ( some of us outside of the RR industry pay 50% in payroll and income and various other taxes - taxes are high all around). I guess I would have appreciated someone listing a website that would tell the difference between the two systems, instead of posters letting their emotions cloud their judgement. [/quote] I'm not making any apologies, nor do I think others owe any. Over the years there have been many attempts to suck the RRB into SSA. This would result in a complete loss of the pension that is substantially better than Social Security. Many of us chose to work on the railroad in whole or in part because of the promise of a solid decent retirement in an uncertain world where looting company and union pension funds has become so commonplace. None of us wants to see someone start in with the old "Needs of the many" argument that somebody cites as a reason for and SSA takeover every time SSA gets into financial hot water. The road to fixing Social Security is not on the backs of railroaders. As to websites, check out www.rrb.gov. LC
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