Posted on 12/16/2024 5:49:47 PM PST by SeekAndFind
Legal workers pay in to FICA.
ILLEGALS don't
This isn’t a raise or bonus for those who have a governmental pension. It allows those who put in Social Security in their career to access what the government took from their pay before they started working in a governmental position. As the law is now, Certain police officers, firefighters and teachers can’t draw on their spouse’s Social Security and receive their pension, while a spouse who never worked can still receive their spouse’s benefits.
The rules were long-standing.
Everybody, except those benefiting or hoping to benefit, knows state and local government pensions are generally excessive.
As I understand things, the traditional federal pension system began to be curtailed 40 or so years ago. The state and local systems generally weren’t.
Does any NYC teacher truly ‘earn’ $1,000 per workday?
Do you consider that value for money?
Would any private sector employer pay any significant number of NYC teachers at that rate?
I see that argument come up all the time. I understand.
But the trend in the West is to have the people vote directly.
So I don't see how the old system was sustainable in the long term. Senators picked by their State Legislature is seen as "anti-democratic".
“It allows those who put in Social Security in their career to access what the government took from their pay before they started working in a governmental position.”
The money my generation paid in FICA generally went to pay my parents’ generation’s SS. You can probably say the same.
I’m childless. I’ve been paying property taxes for 40 years. The graduates will pay FICA and my Social Security, hopefully.
“Your wife deserves every penny she earned with her 40 quarters vesting.”
The Social Security system has a substantial income shifting towards those who pay in for fewer years[a sort of disability insurance] or earn less[outright welfare]. It amounts to more than a red penny.
Advantage plans suck.
Their fine as long as you don’t get sick.
I just read recently where western Ohio cops in one city only have to work 25 years and get to retire. The rest of us have to wait until we’re 62. How’s that fair. They also are pulling down 72% of their salary in retirement. I just checked one patrol officer’s pay (1 year on patrol) and it was $101k. Mind you, this was once listed in the top 10 dying cities in the Uinted States.
I wondered what our senators and reps were going to do to us this Christmas. They despise the common working man. This will bankrupt ss. That seems to be their goal.
I read about this before. J.D. Vance and Durbin were pushing this. I was thinking WTF.
“They also are pulling down 72% of their salary in retirement.”
Look at their paycheck. They usually almost double what their SS deduction would have been. And then after retiring, they work and pay into SS for another 20-25 years... more than paying their required 40 quarters.
If someone works 10 years, and never works again, they get their full SS benefit based on their earnings. But if that same employee works the 10, and then another 25 years for the city or school district, the government steals half their earned SS.
Many of them get a SS check of 500 or less.
Bkmk
Public enslavement through public debt.
Social security should be privatized, and what you collect should be based solely on what you paid in. If the contribution into the system was 100,000 over the working years, then the payback should be based on that figure, much like an annuity. Put in $200,000 And get twice the benefit. Enough of this sharing with the deadbeats nonsense.
This is class warfare, it’s as simple as that. Can anyone tell me when those rules were put in place. I’m sure it was decades ago and written in the cause of fairness to prevent exactly what is about to take place. Remember Trump said recently he wasn’t going to touch social security. The congress is spitting in his face with this edict.
So now the rest of non-government workers not only have to compete with millions of visa workers and illegals, but now hundreds of thousands of ex-government workers. Sounds fair to me. This sure as hell isn’t MAGA. /s
Those of us who worked in smaller industry around 2005 were just beginning to see health insurance rates from $10,000-$24000 dollars a year. That came out of our pockets. That came out of our pockets instead of being saved for retirement. Not to mention age discrimination has been rampant going on decades now. Who do you think are going to be kicked to the curb like dogs.
“But the trend in the West is to have the people vote directly. So I don’t see how the old system was sustainable in the long term. Senators picked by their State Legislature is seen as “anti-democratic.”
I guess in the fewest words possible it is necessary to protect our representative republic rather than go down the socialist/commiedom/winner-take-all rabbit hole as we are the only country on the planet that has this. The US senate is the best example and why many (dems particularly) find this body the best organ for socialism possible. Never did our Founders consider that one day ‘senators’ were a result of a national mob rule by a political party rather than us little local people.
Recent examples of dem senators that ran for POTUS are: Biden, Cankles, Obama, Sanders, Harris, Warren, Edwards, Dodd, Kerry, Lieberman, Gore, Harkin, Hart, Kerrey etc. as this list is endless.
The republicans OTOH haven’t elected a POTUS from the senate in over a century.
Also on the GOPe/uniparty side we have pukes like McConnell or McCain that work with rats for decades to destroy our Constitution and exactly why the 17th is hated so much.
This article is complete BS !!! The people who are affected by the WEP and GPO are public employees who have worked outside government as well and contributed to the Social security system paying their FICA as well as FITW and Medicare tax from their non-governmental employment. They have worked under the SS rules for the required number of quarters as per the law. They had their legal, promised SS benefits reduced by virtue of their other employment for governmental agencies. How is it fair for them to be denied the SS benefit that anyone else receives for similar contributions? As I am led to believe, this WEP and GPO does not apply to State Representatives and judges who also receive governmental pensions (someone correct me if that is not correct, please.). In addition when I die, my spouse will not be able to receive my social security payments as any other spouse would receive by virtue of SS rules because she worked as a teacher. That is nothing other than government-approved theft in my opinion. The Senate should repeal WEP and GPO and if SS needs fixing, fix it without penalizing persons who played by the SS rules in place while they were working in the private sector. They worked and paid SS taxes and have been cheated out of their promised SS benefits !!!
bookmark
When a generous pension just isn’t enough. “W” is for “windfall”. The problem is that these people want SS to use the benefit calculation formulas that were designed to help LOW income earners (sweet deal if you can get it) not those who made good money AND a nice pension.
“As early as today, the Senate will vote...”
Allrighty then, did they vote on the blasted thing? If so, what was the result? I can’t seem to find anything.
https://www.newsmax.com/newsfront/republicans-social-securitybill-senate/2024/12/18/id/1192079/
Republicans again, WTF...
And yes, J.D. Vance was a co-sponsor too.
They are determined to screw Trump and MAGA. The title alone should piss him off.
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