Amnesty advocates often claim that illegal immigrants should be granted amnesty because they will “save” Social Security. These advocates also assert that dramatically increased immigration levels will safeguard our retirements and those of our children. To support these claims, they simply point to the imminent retirement of the baby-boom generation and the need for new workers to contribute payroll taxes in their place. Recently released statistics prove this is plainly false.
For the first time, the Social Security Administration (SSA) has released the hard data necessary for us to understand the impact of low-skilled immigrants, illegal or legal, on our retirements. And the numbers are not pretty. According to the SSA, not only the typical illegal immigrant, but any low-skilled immigrant, will have a devastating impact on the solvency of Social Security - which millions of Americans depend upon for retirement.
Under the current system, illegal immigrants who provided their employers with fraudulent documents and work on the books contribute to Social Security, and they are not eligible for retirement benefits. But what happens if they receive amnesty? Under the Social Security Protection Act, an illegal immigrant who is legalized can qualify for retirement benefits based on their prior work - their prior illegal work. This means, if granted amnesty, the illegal immigrant population will place a tremendous strain on Social Security.
For example, what if a single male illegal immigrant with very low earnings, currently 23- years-old, is granted amnesty and later retires? The SSA found that such an alien will receive (on average and at today’s value) more than $46,426 in retirement benefits. What about a similar female illegal immigrant? According to the SSA, she will receive $52,253 in retirement benefits. A married illegal-immigrant couple where only one spouse works? $83,290. And what about a married couple where both spouses work? There would be a loss of $101,184.
Legalizing illegal immigrants imposes a significant drain on Social
more@http://washingtontimes.com/news/2008/aug/22/illegals-and-the-coffers/
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6 responses so far ↓
1 Boss // Sep 10, 2008
Probably or rather most likely. That’s one of the larger reasons the illegals are ignored since most pay into the SS funds but won’t ever receive benefits.
2 Camilla M // Sep 10, 2008
After readung what you wrote, and the wesite, it just increases my irrtation with Illegals. Amnisty is one i will never vote for. in the past history of amnisty in this land, it only caused more problems. Im totally agaist amnisty, or senctuary Cities, IF people want to live in this land, then come in the right way. That is the only respect I’ll give.
3 mE // Sep 10, 2008
Not at all!!!! what makes u think that!!!
4 sineyopittyondarottytine // Sep 10, 2008
Social Security is dead already.
5 kobacker59 // Sep 10, 2008
Not in the least. These workers add so much more than they could possibly take from this nation.
6 sasori // Sep 10, 2008
Your info is correct. There is already a shortage in Soc Sec. The funding will not last more than 20 or 30 years.
49% of illegals are adult males.
35% are adult females.
16% are children + 3.1 million anchor babies.
61% lack a high school education, only 25% have a HS diploma.
It will cost appx. $2.6 trillion to give amnesty to those already here.
Which in the long run will also increase the use of welfare benefits,
as the whole household then becomes eligible.
Illegals do pay appx $7 billion a yr into Soc Sec. About 3.1% of mexican immigrants already collect Soc. Sec. To suggest Illegal immigrants are beneficial to the US is wrong. They are only beneficial to employers who use them for monetary gain.
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