The United States Supreme Court ruled in the case of Flemming v. Nestor, 363 U.S. 603 (1960), that there is no contractual right to receive Social Security payments.
The Courts decided that payments due under Social Security are not considered “property” rights and are therefor NOT protected by the Takings Clause of the Fifth Amendment. The interest of a beneficiary of Social Security is protected only by the Due Process Clause.
If you’re counting on redeeming your “owed” SS payments someday, the courts do not agree with you…
“No man’s life, liberty, or property are safe while the legislature is in session.” – Mark Twain
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