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To: Clara Lou

The way this works...because I'm a US citizen working in Germany...is that I get a five year exemption from Germany...to keep paying into the US pot of social security. When that five year exemption runs out...which it did last year for me...I must start paying German social security (which is 2 percent higher than I was paying into the US pot). If I choose to leave Germany...whenever...I can have the money I put into the German pot...transferred over to the US social security side. The plus side is that I still keeping into some pot somewhere.

When you measure the deal with Mexico...which is basically the same deal...I'm guessing that every Mexican in the US refuses the five year exemption deal and immedately starts paying into the US pot. After working 15 years in the US system...you have a tremendous amount of retirement income at 65....compared to what you'd have in Mexico. Would matter if you worked another day in the US after 15 years....that retirement check at 65 would guarantee you a mountain of retirement cash...which you'd never get in Mexico.

As for us losing something out of the system...maybe...but then social security is bankrupt...as is the German social scurity program....and all the rest of these deals. So people can whine all they want...it doesn't make much difference. The only complaint you can make is that this is all part of globalizaion in some fashion. Where it leads to in 30 years will be the interesting part....people who born in one country...then migrate and work in another country....then retire in a 3rd country.


10 posted on 07/03/2006 6:04:39 AM PDT by pepsionice
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To: pepsionice

How the hell are Mex illegals going to 'pay into social security', when they're using fake or 'borrowed' social security numbers? This is insanity!


44 posted on 07/03/2006 7:20:23 AM PDT by XenaLee
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To: pepsionice

You are full of it.

You are speaking apples and oranges.

We are talking about legal and illegal workers.

I assume you were legally working in GERMANY, not an illegal.


56 posted on 07/03/2006 7:35:35 AM PDT by tennmountainman (o)
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To: pepsionice
As for us losing something out of the system...maybe...

I guess you missed the post about the guys that rent their Social Security number out to many illegals.

66 posted on 07/03/2006 8:31:23 AM PDT by itsahoot (The home of the Free, Because of the Brave (Shamelessly stolen from a Marine)
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To: pepsionice

You are clueless. Forget you and working in Germany. The proposed Mexican-USA totalization for Mexican illegal aliens is many times larger and all one sided. BTW do you work illegally in Germany?? I didn't think so! End of story!


156 posted on 07/04/2006 1:32:01 AM PDT by dennisw (Confucius say man who go through turnstile sideways going to Bangkok.)
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