AARP types should be flexing their political muscle to cash in and fully fund social security. They should not pussyfoot around trying to keep social security payments high every year. It is a political battle every year as the report on how well the social security trust fund is doing comes out, much like China before permanent normal trade relations (PNTR).
Instead, they should get Congress to fully fund social security and privatize it at the same time by distributing bonds to all seniors. The bonds that they would distribute would magically make appear the trust fund that has not exactly been on the books since the original Social Security Act of 1935. An individual version of the Pension Benefit Guarantee Corporation can monitor each senior