- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Rep. Garret Graves escalates effort to repeal Social Security penalty for teachers, police
Posted on 9/17/23 at 8:02 pm to BigJim
Posted on 9/17/23 at 8:02 pm to BigJim
quote:
Government Pension Offset (GPO)- If you spouse is in Soc Sec and you are not, when your spouse dies your survivor benefits are hit with a penalty.
The most common situation is a teacher who gets a state pension and is not in soc sec. Her husband who worked in the private sector dies. The government takes a chunk of the benefits. Which is bullshite. If the wife NEVER worked she would get the whole thing.
I have no problem with this. If the wife wasn't a teacher, and worked in industry, then she doesn't get her SS and the deceased husbands full SS. She gets which ever is higher.
The case of a teacher being in multiple systems should get a payout from each system they pay into. However, there needs to be some sort of calculation to make sure that SS benefits aren't over representative of lifetime earnings.
1
Posted on 9/17/23 at 8:11 pm to Mushroom1968
Sorry teachers in Georgia pay SS.
This post was edited on 9/17/23 at 8:12 pm
Posted on 9/17/23 at 11:07 pm to LSU9102
quote:Generally, no. However, if you do 20 years as a cop, then retire and do 30 years in the private sector and DO pay in, your SS benefits get cut drastically because you were once a cop.
Are they paying into Social Security because if they are not they should.
Posted on 9/17/23 at 11:09 pm to Tantal
quote:
SS benefits get cut drastically because you were once a cop.
"but derp we are Louisiana derp very smart republicans. derp SS bad. punish everyone else because it'll make me feel better derp derp"
Posted on 9/18/23 at 12:47 am to ragincajun03
he should focus on repealing the marriage penalty
Posted on 9/18/23 at 6:17 am to theunknownknight
quote:
a lot of state workers, if not all, don’t pay into SS at all. They pay into retirement
The problem is those that have paid into SS get their return cut by something like half.
Think of it like this: you work in the private sector for 15-20 years, putting in far more than your 40 quarters, then go to work for the state for 20-25 years.
If you had gone to jail for that 20-25 years, you would get whatever would be the normal payout for SS. But since you went to work for the state you lose about half.
In both instance you've paid into the SS system to be vested and then stopped paying. In one you are a burden to society yet you receive whatever "full" benefits are at the time you leave prison, in the other you are a working part of the economy yet you lose half.
No one is saying state workers should get any extra credit for leaving the SS system, just that they should get the benefits based on what they paid into it (just like everyone else) instead of being penalized for it.
Posted on 9/18/23 at 6:50 am to ragincajun03
If this goes through, pension benefits will eventually be cut. Watch.
Posted on 9/18/23 at 7:10 am to theunknownknight
quote:
a lot of state workers, if not all, don’t pay into SS at all. They pay into retirement
A lot of them paid into SS before they worked for the state.
Posted on 9/18/23 at 7:35 am to BigJim
quote:
The most common situation is a teacher who gets a state pension and is not in soc sec. Her husband who worked in the private sector dies. The government takes a chunk of the benefits. Which is bull shite. If the wife NEVER worked she would get the whole thing.
THIS. My old man died not long after starting his delayed SS. My mom, a career teacher gets royally screwed because they discount HIS benefits to her by the amount of her pension.
Posted on 9/18/23 at 9:22 am to LSU9102
Yes they are paying into it just as you are with every check they earn .
Posted on 9/18/23 at 9:29 am to ragincajun03
If there's two groups I feel super supportive of in the last few years it's teachers and police. Where would we be without their lockstep support of covid tyranny? Pander away government goons.
Posted on 9/18/23 at 9:33 am to LSU9102
My wife is a retired teacher but has the necessary quarters to qualify for SS. But becuase she has teachers retirement she only receives a limited amount that she can draw from my participation in SS.
Unlike those leeches who draw SSI all of their life and never work to earn any of it.
Unlike those leeches who draw SSI all of their life and never work to earn any of it.
Posted on 9/18/23 at 9:39 am to ragincajun03
He is still a spineless pu$$y
Posted on 9/18/23 at 4:33 pm to Fred's a tiger
Is the right proposal to not have some type of exception and just have everyone pay into it? Why shouldn’t everyone have to pay into the fun. 
Posted on 9/18/23 at 5:58 pm to Mushroom1968
This basically involves spouse SS death benefits. Spouses who have never worked outside of the home can receive SS benefits upon the death of the working spouse as long as the working spouse did not work as a public school teacher, firefighter, or police officer. I, on the other hand, would not receive any SS benefits if my spouse passed away before me (God forbid). This is due to the fact that I am a retired public school teacher.
In contrast, I was able to set up my retirement plan to allow my husband to receive a partial amount of my retirement funds upon my death. If I can set this up for him, then why can’t he set up a SS benefit for me upon his death? This is unfair, especially because we both worked hard for many years.
In contrast, I was able to set up my retirement plan to allow my husband to receive a partial amount of my retirement funds upon my death. If I can set this up for him, then why can’t he set up a SS benefit for me upon his death? This is unfair, especially because we both worked hard for many years.
Posted on 9/18/23 at 6:03 pm to BigJim
My dad was a retired public school teacher and principal. My mom worked as a secretary/bookkeeper in the private sector until she retired. She received SS benefits. After my mom passed away, my dad could not receive any of her SS benefits just because he worked in the public schools. I guess that the government gave the money away to anybody out there.
This post was edited on 9/18/23 at 6:06 pm
Posted on 9/18/23 at 6:57 pm to ragincajun03
Graves who has shown us Dem votes in the past for Biden bills is doing work back stage for teachers’ votes in possible future elctions to take Cassidy’s Senate position.
Since Cassidy couldn’t be elected dog catcher in La..
Since Cassidy couldn’t be elected dog catcher in La..
Posted on 9/18/23 at 8:06 pm to ragincajun03
Government pensioners should not be exempt from state income tax as they are now. The pension of a retired IRS auditor or a 55 year old fireman should be taxed just like the retirements of those in the private sector.
Posted on 9/18/23 at 9:01 pm to CubsFanBudMan
Graves new shiny object, like rearranging the chairs on the deck of the titanic. I’m done with him…
Posted on 9/18/23 at 9:17 pm to Bard
quote:
The problem is those that have paid into SS get their return cut by something like half.
More like a 75% reduction in my case as to what the annual SS benefits statement said I would get. But my financial advisor warned me some years ahead of time this would happen so I was prepared. I feel for those who find this out at the last minute when they apply for SS benefits.
This post was edited on 9/18/23 at 10:46 pm
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News