HR 82 - Social Security Fairness Act

Repeals the WEP and GPO laws effective 1/1/2024.

So more people who didn’t contribute are going to be getting paid social Security benefits

I guess they figure that will help make Social Security solvent.

And I guess that’s how you can legitimately call Social Security an entitlement.

I just want my money back.

Incorrect. I paid into SS for 25 years and my cost was over $300,000. Do you think I am getting something I did not earn?

Well it was supposedly for retirement after working 40 plus years and having money taken from you and your employer and not getting proper interest and then living just long enough not to get it back. What it’s morphed into is a piggy bank for Congress to steal from, a tool to beat each other with and a handout to many more people than ever paid into it

While no doubt people had money taken out by government decree and no interest added you paying 300,000 over 25 years seems to equal 1000.00 per month over that time. Being that 25 years ago the percentage of 7.5 of income with a cap at the first 75K would have been 5625. That would be 140k ( still money you may never get back) not 300K

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I believe it seeks to extend the benefit to those who paid into the system but were not allowed to draw

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If that is ALL it says, I can't see how anyone would have a problem with this...

Okay, I can see how they'd have a problem, but they shouldn't have a problem with this.

No I believe it is a rule change for people that initially worked in private sector and paid enough quarterly payments to qualify for SSI but then worked in government sectors up into retirement. They were only able for the government retirement program and not allowed to collect the benefits from earlier years of SSI contributions. Now if allowed to happen people could collect both but the early contributions are generally tiny but at least they are not lost . If nothing paid into or not enough quarterly contributions then they would not collect any money

If Lincoln said "You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time," then FDR proved him wrong. Case in point:

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Well it was supposedly for retirement after working 40 plus years and having money taken from you and your employer

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Social Security was always, first and foremost, a government borrowing program. I was a way to force the US public to fund FDR's "New Deal" expenses. It was labeled a "retirement program," just as the most costly medical program in the history of the planet was named "The Affordable Care Act," or the Dem's highly inflationary spending over the last few years came courtesy of "The Inflation Reduction Act."

In the Depression era, money was tight. Lenders were scarce. FDR needed money to fund his social programs. So he foisted SS onto the US workforce, turning it into an unwitting lender, subject entirely to terms of the borrower. Then, as now, every 1¢ of SS paycheck contributions was/is converted into a US Debt Obligation. Then the money is immediately spent on whatever the government wants to spend it on. That was the case from inception on day 1.