Well, social security fraud already happens, nothing new there, I'd likely blend this with social security anyhow - so you'd move to the social security schedule upon retirement - in no case however would anyone bring home less than they would under the minimum income scheme.

I'd probably allow anyone who was not working overseas for longer than a year to continue to draw it, its really about your permanent residence and where it is - on the other hand the number of americans who work abroad is astonishingly small - so probably not enough to worry about.

That doesn’t come even close to being “virtually impossible to cheat”.

Explain to me how you'd cheat then?

I just gave you two methods off the top of my head. I’m saying it is easy to cheat, not “virtually impossible” as you claimed.

one of them I eliminated by defining the rules in such a way that it wouldnt be an issue - the other requires keeping a rotting dead body hidden somewhere.

Part of what a GMI would need to overcome is ensuring that we have an accurate tracking program - a death should trigger an semi-automated removal from the rolls - as in you need to present yourself.

No system is foolproof, and even the best one in the world is going to have upwards of 2-3% fraud - that said the social security administration historically has been VERY good about tracking them down, and remarkably successful at clawing overpayments back.

In the end, by eliminating means testing you close down a ton of venues for fraud.

> No system is foolproof, and even the best one in the world is going to have upwards of 2-3% fraud

I agree, and that’s why I would never say it was virtually impossible to cheat one.