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Response to TrueDemVA (Reply #1)

Mon Mar 28, 2016, 11:17 AM

4. they will pay it back

But not until the money is needed to pay benefits. After new contributions to the fund can no longer meet payouts, benefits will be paid by a combination of new contributions and interest going into the fund. Then as these two sources can't meet payout needs, the IOUs will start to be drawn upon.

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