Social Security

Social Security is terminated. FICA payroll tax collection stops immediately — every worker gets an instant 6.2% raise, every employer saves 6.2%.

The Settlement

Every participant's lifetime contributions are calculated with standard savings-account interest (2-3%, not compound market returns). What they've already collected in benefits is subtracted. The result determines what happens:

Retirees who have already received MORE than they contributed plus interest: They're done. They got their money back and then some. Benefits end after a 3-month transition period.

Retirees who have received LESS than they contributed plus interest: They receive the remainder in structured installments over 5-8 years, funded by curve revenue. Prioritized by age — oldest first.

Wealthy retirees (significant assets, multiple properties, large portfolios): Cut off regardless. If you own beach houses and eat at restaurants every night, you don't need a government check.

Struggling retirees (minimal savings, living frugally on SS): Protected. These people transition directly into the 60+ Dignity Wage program at $2,000/month, potentially with a modest increase. Nobody who played by the rules and lived modestly gets abandoned.

Current workers: Contributions calculated with savings-account interest, paid out in installments over 5-10 years based on age priority. Youngest workers with minimal contributions are paid out fastest because the amounts are smallest.