From: Bill Lucy 

In article , nomail{at}hotmail.com says...
> Rich, Yes I'm not arguing that companies don't play that against their
> employees today,  my point was at the inception of SocSec there were no
> widespread company retirement plans of any consequence (if at all) so that
> could not have been the reasoning "to supplement same"
behind the creation
> of the act.

I will only disagree with the "if at all" parenthetical. By the
early 1890s many banks, utilities, and manufacturers were offering pension
plans. According to the EBRI website, 15% of private-sector workers were
covered by a pension plan (http://www.ebri.org/facts/0398afact.htm).

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