At 57, my dad retired from the weather service. I don't know how much is being an expert in poor financial decisions and how much is from hating Trump, but it happened. Now they're getting hysterical because they're fixing to undo his retirement or something.
My first thought is that cancelling people's retirement after starting it sounds absurd. Not "He's gonna round up the gays!" Absurd, but pretty fantastically clickbait-y. The closest I would expect would be cancelling social security or pushing back the minimum age, if only because it's unavoidable, and Democrats are the ones I hear talk about that more often. Normally I can skim around and get an idea of what stupid things the media is saying that they buy into that might sometimes be based on some small piece of truth, but the closest I can find (with the note that I do not even look at the headlines of mainstream media) is something about people in the FBI worrying about losing their benefits.
Thank you for your time.
Sounds like some kind of crap from "The Spew" (View).
Are you asking if President Trump is gonna take your dad’s retirement? I would so absolutely not. As in I see nothing that would say otherwise. Except…the left trying to panic their minions into crisis mode. In that case absolutely. He’s gonna take their retirement, all the non white people into “tration” camps and probably kill anyone with his evil brain power through the power of Elon’s brain magic….but that’s if you listen to the deepstate’s media. Which it sounds like your dad must do, unfortunately. And even a skim, would have you clutching your pearls, if your mindset was vulnerable. He’s gonna be fine.
That's what it sounded like, thank you.
Lots of bad info on MSM all meant to stir the pot and rile up the seniors who are most likely the only audience MSM has left. If Trump and Elon do anything, it will be to insure that Medicare/Medicaid are solvent, that they continue the benefits seniors are entitled to and my guess is they'll find enough waste, fraud and abuse in the system that they'll actually be able to give seniors a better cost of living raise to their benefits.
This reminds me of what I read on my community Facebook last week - American mothers went to the page complaining their elementary school kids came home telling their mommies they need to bring IDs to school now in case ICE (like the Grinch) come and take them all away :O WTF.. it's funny but well, no.. their teachers all lied to them scaring them like President Trump is bad and ICE could take them away eventhough they're Americans because Trump = Bad , and this is what they'll remember for the rest of their lives = a bunch of lies.
I am 58 and in the defense industry. Money for defense is going to get real scarce going forward and I know which end of that trough I eat from. I don't care; the entire system needs to be cleaned top to bottom. Those motherfuckers were going to fire me three years ago over the Vax so I've had time to get my perspectives right. I'll make it through a job change better now than when they were threatening to imprison us or at least punish our ability to survive in the world for not taking it. I stood seemingly alone and watched many of my colleagues go down. I know just how hard that decision was and they fell for their own reasons. It saddened me but i understood. I can tell you it was real hard to do. Dont forget just how evil the string pullers were and don't forget that friendly neighbor that now forgets just how nasty they became too. Godspeed Donald Trump. Bring all the bastards down.
I work in Healthcare and right at the same age. I feel the same about my industry. It has to be brought down for the corruption of covid19 and all of the other crap they pull. Pushing freaking vaccines on anyone who will submit. Makes me ill. I'll be okay financially.
They are not going to take any pension he has already built up. You should know better than that. They are only taking pensions from dead people. There are about 30 million people between the age of 100-339 collecting pensions every month. Thats what he is taking. They are not taking from anyone that is getting a pension and is supposed to get that pension.
Just to add there might be a couple of people over 100 and still alive those pensions wont be touched either if they are actually alive.
The Civil Service Retirement Act of '20, was replaced by the Federal Employees Retirement System of '87. Basically, it changed federal retirement from a pure pension system to a pension/401k. Comparatively speaking, FERS was a shitty deal for people hired after 1987. I know, because my father was nearing retirement and grandfathered into CSRA. In an effort to get as many old-timers into the new system as possible, they tried to sell it as an upgrade. After talking with his attorney and a CPA, Dad declined. He retired shortly thereafter, when mgmt started making noises about unilaterally switching people.
FERS
If the feds are going to make changes to FERS, it has to be done legislatively. If your father's worried about losing something, it could be 401k investment choices, (which happens from time to time), or maybe he worried about getting RIF'd.
My recommendation is to pay off the house, whatever it takes, then start hacking at the highest % interest rate debt. Debt-free opens a lot of options regular folks just cannot fathom.
Retired at 57? Or retired then to another job?. Just an observation from a UK slave 57 seems a young age to retire.. Maybe it was some time ago, I think in UK only police and maybe fire brigade get their pensions in their 50s
It IS early, and he certainly hasn't put himself in a position to do it. St some point he'll probably have to get another job, and hell no doubt look for any way he can to blame it on Trump or Musk, whether or not they're even still in charge of anything.
I think there easier pickings than pensions tbh. Not sure how they work in US, but I'm sure he'll have built it up over decades not the last 10 or so years when the real shenanigans have been perpetrated 👍
They're not going to retroactively cancel his retirement, don't worry. If he has already been awarded retirement, it's not going to go away.
Sounds like fear porn.
Fake News being Fake. You should never even be watching the news.
Fear bait.
Next week Trump is going to round up all the trans and then force them into CISgender detransition camps where they will have their original parts put back in, and have super soldier enhanced chadblood and trump family pheromones circulated through their bodies while they're in a medically assisted coma. Then the new psychedelics enhanced persona work begins. Clockwork Orange Man Bad.
Clockwork Orange Man Bad. 😂
That is not going to happen. Even if your dad did something criminal it would be very difficult legally for them to touch his pension, and nothing is going to happen with his social security benefits.
The only time they go after pension really is if you violate state secrets privilege and whistleblow, leak national secrets or defy your clearance in a way that harms the gov directly. I'm kind of paraphrasing Bill Binney from NSA
What kind of retirement is it? Pension given to the parasite class? Welp, ok. Put him on social security like everyone else.
Ask him where he got the information. Sounds like we need to know exactly who is spewing out this garbage.
Sounds like all facts Are not yet known. I’m sure his pension must be vested after all these years.
What retirement account does he plan to draw from? At 57, he's not yet eligible to receive SS and would incur penalties if taking out of a 401K or Roth. Is it just a work pension?
I know someone who lost $200,000 from their 401k during Trump's 1st term... idk why or how, I thougut 401ks were going up at that time
Um, in which federal agency was your dad employed as part of weather service? NOAA?