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To: cherry

This benefits only government workers.
We, the ordinary serfs, get nothing.

That Windfall elimination provision was exactly, what it said. Eliminated windfall pensions for people who worked in government, and in private.
Well, congrats you, government workers, now you get your windfall money!


3 posted on 03/26/2025 2:35:47 AM PDT by AZJeep (sane )
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To: AZJeep

They lost 60% of any social security payment they were entitled to due to having worked non-government jobs. Guess you would be happy to lose 60% of your social security that you paid into if you have a civilian pension?


5 posted on 03/26/2025 2:52:37 AM PDT by mom aka the evil dictator
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To: AZJeep

You obviously know very little about how the WEP impacted all the other professions outside of gubmint ‘service’. Just FYI any organization could set up a retirement plan for it’s members and many did so. The best example is teachers. Many teacher retirement systems (TRS) invested dues and returned a better return than the SSA so many teachers opted to use that retirement system instead of SS. For many years teachers could select which retirement system to use.

This was fine until some of the TRSs made TRS membership mandatory as a condition for employment. People who worked in the private sector for a primary career and then switched to teaching (a good idea No? having actual real-world experience passed to the next generation by those who had actual real-world knowledge rather than freshly graduated folks who only knew theory?) So when these folks retired from teaching they found a big chunk of their real-world retirement check discounted by SSA and only the lower of the two retirement checks was allowed as their monthly payment or as a lower amount of the combined payments.

The unfairness of WEP was that in my example both retirement checks were earned in separate retirement systems hence the retiree should be able to collect both in the full amounts.

PS: I know a bit about this as my wife recently retired from teaching and from marketing before that. She found that she had to chose which (not both) checks she wanted to retire with. In the end either selection was a reduced amount because of her mandatory participation in the Texas TRS. Not fair.


8 posted on 03/26/2025 4:00:19 AM PDT by ByteMercenary (Election 2020 was theft by mail.)
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