Posted on 11/14/2024 11:30:36 AM PST by Red Badger
My buddy kept working...and they reduced his SS for every buck he made over a certain amount. It wasn’t right.
This new policy reward double dippers.
Those government workers who receive social security payments AND a pension.
I just wish they would notify you before they take your social security checks! It’s quite a shock to open bank statement after months of being too sick to find out you aren’t getting all your SS anymore because you took emergency catastrophe funds and are now broke.
The FIRST reform should be - If you never paid in, then you get ABSOLUTELY NOTHING!
That would keep the left from frittering away what's left on illegal aliens!
“that reduces Social Security benefits for individuals who worked in jobs where they did not pay Social Security payroll taxes”
If you didn’t pay in to the system, you shouldn’t get anything out of the system.
“If you didn’t pay in to the system, you shouldn’t get anything out of the system.”
The law applies to people who did work and paid into the system.
Double dipper is a propaganda word to inspire envy. Some people worked 45-50 years. In that time they maybe worked as a cop or teacher or fireman for 25 years. And before or after that time, they also worked another job and got fully vested in SS, and were assigned a commensurate lower amount based upon their years of paying into SS.
But when they went to draw that SS BASED UPON FEWER YEARS, the Government bled away 40-60% of it. They wind up getting SS of $525 a month or some such before taxes! They are already getting lower SS because they were not in the system their whole working life. It’s theft based on envy.
“would repeal rules that reduce Social Security benefits for individuals who receive pension benefits from state or local governments.”
If you DIDN’T have to pay in to the social security system because you were paying in to a separate state or local system then you shouldn’t get social security benefits.
If you DID actually pay into both systems then you should be able to get payments from both systems.
This new policy reward double dippers.
On the other hand, take someone like Barack Obama. I pretty sure he get some kind of pension from the state of Illinois from when he was a state Senator, a pension from when he was in the U.S. Senate as well as for being President. Don’t know if his Social Security is cut from his work as ‘community organizer or not.
In my case, if this passes the Senate and becomes law, my increase won’t be that much, maybe $100 a month. And my wife might get a Social Security payment of 10¢ or so a month instead of having to send a check to Medicare every year.
“We should reform Social Security so that it is not given out to people who didnt pay in and that includes all these new arrivals and the invading force at the border
If I understand it correctly, this won't impact all pensioners, but the ones who's paychecks were calculated to put less into FICA by an amount contributed to their pension. The old law makes people in those situations get less SS. The new law would make them get as much SS as if their paycheck's FICA contributions weren't lowered because of their pension contribution.
IF I understand it correctly. Big IF. LOL
“The law applies to people who did work and paid into the system.”
then the article is confusingly written as it references jobs where SS taxes were not withheld.
Sounds like he made over the minimum annually. Yes, that is a rule if you decide to continue to work and take SS. It is one of the reasons I am continuing to work.
Rule: Before full retirement age: You can earn up to $23,400 per year ($1,950 per month) before the Social Security Administration (SSA) starts withholding benefits. For every $2 earned above the limit, $1 in benefits will be withheld
““I could not vote for the bills on the floor tonight because they are not paid for “
Larson didn’t worry about that when it was time to give a flood of cash to Ukraine.
Before the government was allowed to unionize against the taxpayers, government jobs were seen as mostly for the lazy with no desire to compete in the workplace, the deal was that while the pay wasn’t great, you also didn’t have to work hard and it was almost impossible to be fired.
When they were allowed to unionize then the process started to get where they are today, magnificent pay, a dream menu of benefits and retirement, and they still can’t be fired and can be lazy.
At this moment pensions in Ukraine are fully funded and paid by the US government, while they steal earned benefits from US retires on SS already drawing lower SS based on fewer years.
This is the right thing to do.
emergency catastrophe funds? What are you referring to? Hurricane relief or some such? And they deduct it from your SS?
Can you please lay out the story a little more?
I mean, if you’re double dipping, you should just retire already.
Open up that position to someone from Gen-X!
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