I think people forget, it's literally your money. Yea it's theoretically subsidized but the amount of money you put into the system over 40 years is probably more than you'll ever get out of it.
- You pay roughly 1-2% of your salary to it every year
- The max weekly benefit in California is $450 for 26 weeks, so roughly $11k. But it's also a percentage of your salary
- Unless you get fired/quit jobs every year it's probably very hard to get more out than you put in and even then there's probably other safeguards
- You pay roughly 1-2% of your salary to it every year
- The max weekly benefit in California is $450 for 26 weeks, so roughly $11k. But it's also a percentage of your salary
- Unless you get fired/quit jobs every year it's probably very hard to get more out than you put in and even then there's probably other safeguards