One of the least known facts about Social Security is that, although the government does have a moral obligation to pay Social Security benefits to those who have earned them, the government does not have a legal obligation to do so.
Section 1104 of the 1935 Social Security Act specifical
In a 1960 ruling by the United States Supreme Court, the court ruled that nobody has a “contractu
As a result of the 1960 Supreme Court ruling, the future of Social Security is totally in the hands of Congress and the President. They have the legal authority to amend any and all parts of the Social Security Act, as well as the authority to either increase or decrease Social Security benefits.
Does any one really think that wealthy elected officials will do the right thing with your SSI contributions? People better wake up and get ready to demand their SSI or Congress will never do the moral and honorable thing.
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