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Ask Dan: Why Isn’t It Illegal to Drain the Social Security Trust Fund?

Here at The Seniors Center, we advocate returning Social Security to its origins. Our mission is twofold. We support the restoration of the Trust Fund and removal of the tax cap.

This brings up an interesting question: Why isn’t taking money from this fund (to fund things other than Social Security) illegal? For the answer, we turn to our founder, Dan Perrin.

He says: “In 1960, The U.S. Supreme Court ruled that people who paid into the Social Security Trust Fund do not have a Constitutional Right to Social Security benefits. Which frees Congress up to spend the money in our Social Security Trust Fund however they want.”

Does this seem like fair treatment of taxpayers? This is one reason why we spread the word and encourage advocacy to repair and refill the Trust Fund. Remember, we’re all paying into this fund with every paycheck. If we’re not entitled to be paid back, what are we really paying for?

Help The Seniors Center Protect the Future of Social Security

At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Follow The Seniors Center on Facebook for more updates! And join our newsletter list to get the latest updates!