If you said that we should get back what we put in, plus the 1% or whatever it is return over the time period put in then you'd have a valid point, and I might agree, even though it sucks that I, and everyone else in this country working above board has been forced to contribute to such a crappy investment tool based on the ineptitude of others to plan at all for their own senior years. Hell, even if you said that I had the choice to choose either the government's plan or take that money and put it in an investment tool of my own choosing. I could almost guarantee to do better than 1% or less.
But that aside, I don't have a choice do I? I have to be subject to the force of government to reach in and take an overall 15% (7.5% me, 7.5% employer) from my compensation, my labor to redistribute to people that either didn't plan for their own future, or people like you, and yes, me at some point that will exhaust the original contribution, but still receive payments due to still being alive. It was a ponzi scheme when it was thought up, and even more so now that the funds are kept in the general fund.