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Started By
Message
re: HR 82 - Social Security Fairness Act
Posted on 12/21/24 at 8:38 am to tommy2tone1999
Posted on 12/21/24 at 8:38 am to tommy2tone1999
quote:
Been workin every day since I was twenty, haven’t got a thing to show for anything I’ve done.
There’s folks like me don’t work and they’ve got plenty.
Think it’s time folks like me had some fun…
0
Posted on 12/21/24 at 8:47 am to Dock Holiday
quote:
In addition to your contribution, your employer matched it. That's north of 12% of your annual salary handed over to feds to "manage"
And that's in addition to any federal income tax withheld.
Posted on 12/21/24 at 8:50 am to dwr353
I’m not saying anything that the government was good, on the contrary it is theft by another name. I also was the contributor as well as the matching company but in all fairness I received a tax benefit for the matching which having over 75 employees I would have paid to government regardless at a higher corporate rate anyway.
Posted on 12/21/24 at 9:29 am to BigApple
quote:I didn’t go to college, we were poor when I grew up ( old man now) I take responsibility for that though. I went to work in the plants. My wife grew up poor also , we are both late 50’s She retired from a state job Both my kids are very successful. My daughter owns her own business and my son is an LSU grad ,he is an engineer. .. I’ll hang my hat on that. It’s easy to judge people when you don’t know what they’ve been through.. just saying
It’s mind boggling to me that retired people actually depend on SS checks to survive. I know it happens but it’s crazy to me.
Posted on 12/21/24 at 10:18 am to Swamp Angel
quote:
quote:
In addition to your contribution, your employer matched it. That's north of 12% of your annual salary handed over to feds to "manage"
And that's in addition to any federal income tax withheld.
Yep, at 23% tax rate, the feds get between $35k and $40k for every $100k we make. And the country is still running a consistent deficit, are $36T in debt, and our debt to GDP is as high as its ever been non-WWII.
Posted on 12/21/24 at 10:45 am to BigApple
quote:
It’s mind boggling to me that retired people actually depend on SS checks to survive. I know it happens but it’s crazy to me.
Since you're an OT baw, instead of complaining that some people are now getting the benefits they paid into, decline your benefits since you don't need them.
quote:
SS should be means tested
Posted on 12/21/24 at 3:44 pm to BigApple
quote:
Why should I get money that a deceased person put into the system??
Because it's your money and if you die, your spouse, children, family or a charity of your choosing should get it, not the FED.
IT'S YOUR G_DAMN MONEY!
Posted on 12/21/24 at 3:53 pm to RogerTheShrubber
quote:
SS should be means tested.
I think this is coming. You think people were upset with WEP and GPO, wait until they decide they want to check everyone's retirement income and adjust their SS accordingly. At least it would be across the board.
Posted on 12/21/24 at 4:44 pm to DakIsNoLB
quote:For futures maybe. Can't change the rules for people that worked and were stolen from for 40 years.
SS should be means tested.
I think this is coming.
Posted on 12/21/24 at 5:09 pm to Gee Grenouille
quote:
My mom spent zero days working in the private sector. She paid into the La teachers retirement fund. Now somehow she’s going to get social security.
The same thing with my two younger sisters. Both lifelong teachers and then principals. Both are now widows. They will continue to collect their teacher's retirement and will now also receive social security from their deceased husband's accounts.
I am happy for them but this is total BS. Neither has ever put money away into a retirement and now both will collect two retirement funds. Total BS in my opinion.
Posted on 12/21/24 at 5:27 pm to FourchonRoad
It’s not BS. If your sisters were married and their husbands received SS then they were always entitled to 1/2 of the deceased benefit.
Posted on 12/21/24 at 5:42 pm to tommy2tone1999
Social security benefits are weighted toward lower wager earners (they get a nigher return on their contributions). Folks who have a little SS earnings, but spent most of the working time was with an employer that didn't participate in SS (Federal employees hired before 1984, some state and local employees, etc), got a higher return on SS than they should. WEP/GPO adjusted the formula so they didn't get an unfairly higher SS benefit amount.
Posted on 12/21/24 at 6:23 pm to wallowinit
quote:
So more people who didn’t contribute are going to be getting paid social Security benefits
Couldn’t be more wrong. I know people that this effects. People that put money in social security for the amount of time necessary but had their benefits cut because they worked at another job with a pension. Mostly government workers.
They will now just be getting the correct amount that they were suppose to get if they didn’t have a pension.
It’s like saying your 401k is to large so your SS should be cut even though you paid your money into it.
This post was edited on 12/21/24 at 6:26 pm
Posted on 12/21/24 at 6:25 pm to greenbean
I would like to see a comparison of wages and benefits for a private industry and federal employment. Compare first and second level folks. My conjecture is the fed employees receives 50-60 per cent more. Include student loans. I have lost all respect for the illusion of public service being a desirable service.
Posted on 12/21/24 at 6:32 pm to Diamondawg
quote:Why down vote that? I thought this was a conservative board. I worked 40 years and receive both state retirement and SS. For me to take less due to means testing is that not by definition "wealth redistribution" as in a socialist concept?
I think this is coming.
For futures maybe. Can't change the rules for people that worked and were stolen from for 40 years.
Posted on 12/21/24 at 6:43 pm to Diamondawg
I got a letter from the Victoria Social Security office saying we are sorry your wife was too disabled to qualify for disability. Did not earn enough quarters paid into SS. She is a parapelligic, polio, since age 3 months. Now 77 years old.
there is not a whole lot of fairness in the system.
there is not a whole lot of fairness in the system.
Posted on 12/21/24 at 7:48 pm to Trevaylin
quote:That's just crazy. SS disability attorneys make their money on getting back pay. Get a good one.
I got a letter from the Victoria Social Security office saying we are sorry your wife was too disabled to qualify for disability. Did not earn enough quarters paid into SS. She is a parapelligic, polio, since age 3 months. Now 77 years old.
there is not a whole lot of fairness in the system.
Posted on 12/21/24 at 7:59 pm to Dock Holiday
quote:
In addition to your contribution, your employer matched it. That's north of 12% of yout annual salary handed over to feds to "manage"
Just imagine how large your 401k would be if you got to control that 12% of income vs what u get from SS…….
Posted on 12/21/24 at 8:02 pm to Trevaylin
quote:
would like to see a comparison of wages and benefits for a private industry and federal employment.
It used to be the pension was to make up for lower pay than the private sector. Not anymore. They make as much or more AND a lavish pension.
Posted on 12/21/24 at 8:26 pm to Draconian Sanctions
quote:
nothing about our hilariously limited social safety net can be described as an “entitlement”
those who frame it as such want hand that money over to the same people who gave you the great recession for them to gamble on. Consequences be damned.
Oh its absolutely an entitlement to many. You and I just aren't those people.
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