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To: x1stcav

I thought federal employees have been paying into Social Security since 1984??? Someone correct me if I’m wrong???


4 posted on 09/12/2015 9:51:17 AM PDT by Dilbert San Diego
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To: Dilbert San Diego

You are right. The federal government reformed their pension plan in 1986


15 posted on 09/12/2015 10:11:22 AM PDT by USNBandit (Sarcasm engaged at all times)
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To: Dilbert San Diego

I don’t know about public sector unions, but private sector unions still pay into SS, the exception being railroad workers. Railroad workers don’t pay into SS because their retirement plans predate SS. the downside is that 12% of every paycheck goes to pay for current retirees, and your future retirement pay, with NO employer match. The original retirement savings plan.

And of course, the feds have been chomping at the bit (starting with the Hillary/Paul Ryan retirement confiscation plan) to roll that over into SS.

The answer from the railroad was: it would be a shame if you got ran over by a train.


17 posted on 09/12/2015 10:12:54 AM PDT by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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