this post was submitted on 15 Aug 2026
484 points (97.6% liked)

Work Reform

17339 readers
2281 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Rivalarrival@lemmy.today 1 points 1 week ago

Umm... No? The monthly amount you receive is based on your earnings, yes. However (And please correct me if I'm wrong) the benefit continues until the death of you and any qualified person (spouse, ex spouse, minor children, disabled children, disabled parent) who survives you. You and/or they could be collecting that benefit on your 150th birthday.

Alternatively, if you die before retiring, without qualified survivors, social security pays nothing to you or your estate.

It's not a "fund". That is a pension, or a retirement insurance program. The taxes that pay for it are premium payments.