A pension AND NOW Social Security too???
(www.politico.com)
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Wow does this ever piss me off. So these fat cat fed workers get a nice pension. They have not been enrolled in SS. So they have not been paying in, right????. Now they get SS benefits??????
I've been paying into Social Stupidity all my life!!! Will I then get a pension???????.
Most pay into both.
So, they get paid with tax payer money and pay a portion of that payment back to the tax payer pool. Meh, I mean, are a lot of them finding they are starving and homeless once they retire from a public sector job or something?
In order to qualify for social security you must hit 10 years (40 units) of paying social security… like myself , if you leave public sector and go into a job like teaching… you stop paying SS and start getting pension… however, in order to get max pension, you need to get 37.5 years to claim 75% pension. People like me who mid career changed will never hit that. Also, because of windfall, i would have lost out on my SS that i paid into for 15 years… getting screwed in process… this will impact those like me positively, however will not impact those who never worked and paid in… if you paid in and qualify , it is only right you get whats deserved
Nice explaination. Thanks for the info.
Sucking up to Teachers? The teachers in my school district do NOT pay in to social security. How about a simple law that says if you didn’t pay in you don’t get it. Exception for spouses of deceased who paid in.
I know people who worked in the private sector and paid into social security for years. They then decided to become a teacher and taught 20 plus years. They could not collect social security because they had a pension. They paid into both, they should be able to get both.
Thank you Bonnies, yes--this is true. I paid into both and should be able to collect both. I've worked for over 50 years and still work past retirement so I can make ends meet. This ruling will correct a bad deal made years ago and will bring justice to people like me.
👍😁
My Dad was a teacher for 36 years, but he started later than most do so he paid into Social Security for years before he started teaching.
When he retired, he was told he was one quarter short to collect SS and he was too old to add more.
He ended up not being able to collect anything.
That really sucks!
if you do not pay into social security you do not collect--this is for a small group of people who paid into both.
I worked in retail before I started teaching. SS tax was withheld from my paycheck. As a teacher I paid into the state’s teacher retirement program. Should I not be entitled to draw both since I paid into both?
Are you not able to now? If you paid in to SS for the required number of quarters, then I think it’s fair that you get both. If you never paid in or don’t have the required quarters, then no.
The WEP and GPO prevented that. This bill is correcting it, finally!
In blue states, they're losing good teachers left and right. They've had it with the social engineering and the never-ending dictates that come down from on high.
You wanna really get pissed off? Here is my story. I worked for the USPS for 27.5 years. During that time I saved all of my sick leave. Accumulated over 2000 hours. I retired from the USPS at 57.5 years of age, too young to actually retire, but I "sold back" my 2000+ sick leave hours to make up the difference and retired with 30 years. So, now I get a full USPS pension AND at 57.5 years of age I began collecting Social Security. Also, when I turn 65 I'll get a 10% SS raise. What a wonderful country, huh? Look, I wasn't looking for these perks when I began my postal career thirty + years ago, I found out about them when I decided to retire. If they were there, why not get them? I did and now I'm happy in my old age.
And I'm glad jobs like that still exist. People who work hard should be able to retire at a decent age and live comfortably.
How are you eligible for SS at 57?
Did you file a disability claim?
I did not file for disability. I was in the Federal Employees Retirement System (FERS). There is a caviot that stipulates if an employee retires before age 60 with 30 years of credible service, then that employee is eligible for Special Retirement Supplement (SRS). Here is the specifics on how to calculate the SS payments. https://www.fedweek.com/experts-view/how-to-estimate-a-fers-special-retirement-supplement/
Dang, nice bonus.
I retired from PERS and there is nothing in there about early SS.
I have to wait until 62 to begin collecting any SS, although I can collect a tiny amount from my late wife's SS at 60.
Good for you . Wow it pays to be savvy litterally . Ags in , good for you Fren ! At 57 if you still wanted to work you could but glad you don’t have to . Yeah for a good story !