No. They are there for a reason.

Will some people grift the system for free money? Maybe, but the benefits to those who really need it outweighs the people misusing it, in my opinion anyways.

The pay rate of the lowest paid worker of any company or institution should be somehow legally and directly tied to the pay rate of the highest paid executive.

If the executive wants to make more money and gets a raise, then so do the workers.