re: Social Security Fairness Act

If you were an employee of the federal government before 1983, you did not pay Social Security taxes, per USA.gov. As a result, your Social Security earnings record will not reflect that pay. At that time, the federal government used the Civil Service Retirement System (CSRS) to offer benefits to its employees.
Today, however, the government uses the Federal Employees Retirement System (FERS) instead. All federal employees under FERS are eligible to collect Social Security. If you decided to stay in the CSRS, you won't be eligible for Social Security even if you continued working for the federal government, the Social Security Administration explains.
The FERS system began in 1987. Workers who participate in FERS are eligible for Social Security. If you chose to stay in CSRS after 1983, you are not eligible for Social Security

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But government retirees are more than adequately compensated to make up the loss.

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You know have no idea how government retirees are compensated. First of all they contribute to FERS, second they contribute to social security, and third they contribute to thrift savings plan (401k). FERS only pays 1.1% of salary x number of years of service. TSP is a 1-1match up to about 5% of salary per year and it rides the market like any other 401k.

This is the problem. I'll use firefighters as a example. Say a F.F. hired full time in 1983, most did not make enough money to support a wife and two children. So the wife goes to work. Plus the F.F. has a "part time job", which most did. They were required by law to participate in a public retirement system. They pay S S. from their part time job and put in their 40 plus quarters. The F F. retires after putting in 30 years. When the F.F. reaches the age to draw S.S., that amount its cut to a miniscule amount because of them being required to participate in a purchase retirement system. Instead of drawing their full amount of S S., they end up drawing $400 a month from S S. Take out Medicare and they end up putting about $150 in their pocket. Next, the wife dies. The F F. cannot draw from the wife's s s. because of being forced into a public retirement system. Yea, I worked over 40 years, I get $1,900 a month from public retirement system, worked part time for 32 years and paid S S , but can only draw $400 a month.and not one frickin dime of my wife's S.S. I just depends on what boat your in. I paid my share. My wife paid her share. But I get $400 minus Medicare. And nothing from her S.S It aint right. This also applies to some law enforcement officer as well as teachers.

Anything but the sunsetting* of the Social Ponzi System is unfair.





* Anyone not presently or future in the system are not subject to having their wages stolen to prop up the federal pyramid scheme.

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That's not fair.

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There is zero fix to SS that is “fair.” Thought processes like yours are exactly why it will never be reformed or done away with.

If they have private sector SS payments as well as government job in their career, they deserve SS payments. Alot never contribute but receive funds.

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S is limited to 6.2% of max 176k per year......or maximum around $10,900.

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I am self employed so have to pay the full 12.4%.

But the Senate just made cloture on this bill, so it should pass the Senate tomorrow or Friday. What a major relief that is to me.

Your dupid