February 22, 2023
Social Security is Broke, but American Taxpayers Just Gave Ukrainian Pensioners a Double-Digit Raise
By William Sullivan
As American taxpayers paying into Social Security today stare down the barrel toward substantial cuts to their own benefits, estimated to take place in 2034, they can at least take solace in knowing that all categories of Ukrainian pensioners will get a 20% raise in March 2023. “As early as this March,” says Ukrainian Prime Minister Denys Shmyhal, “the government will index pensions by 20%” for about 10 million Ukrainians.
Indexing the payments “is not mandatory according to the Law of Ukraine on the State Budget for 2023,” but benevolent President Zelensky has instructed them to reprice the benefits upwards anyway.
And why wouldn’t he? His government is swimming in American cash.
more
https://www.americanthinker.com/articles/2023/02/social_security_is_broke_but_american_taxpayers_just_gave_ukrainian_pensioners_a_doubledigit_raise.html
