In response to the Kenneth Apfel op-ed reported in last week's issue, former SSA commissioner Robert Ball wrote that we should keep the current Social Security system . I vote for Social Security at its present level. In fact, true current law says that retirees will be paid not what Social Security's benefit formula promises them, but what the system can in fact afford. Current law' is even a misnomer. When the funding runs out, Social Security does not have the borrowing authority to continue to send check.
Promised benefits are simply unpayable under present financing, and current law recognizes that.
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