Oh no, that wouldn't be fair. Better to raise the retirement age for those of us that did pay into it so that there is enough for those that didn't. And I'm OK with that, as long as I get a share of their fat pension.
The Windfall provision on social security to go away?
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Oh no, that wouldn't be fair. Better to raise the retirement age for those of us that did pay into it so that there is enough for those that didn't. And I'm OK with that, as long as I get a share of their fat pension.
I qualified for Social Security…
…with sufficient "quarters" in my working days even though in my LEO job I did not contribute to it.
Signed up for SSA benefits at 62. Got $216./month until 65 and Medicare kicked in.
Now covered by Medicare I must pay more than $1000./year to be covered.
That said, even though elimination of the WEP would greatly benefit me, I am quite content with my pension that pays me MORE than when I worked. Yes, even factoring in inflation.
Be safe.
…with sufficient "quarters" in my working days even though in my LEO job I did not contribute to it.
Signed up for SSA benefits at 62. Got $216./month until 65 and Medicare kicked in.
Now covered by Medicare I must pay more than $1000./year to be covered.
That said, even though elimination of the WEP would greatly benefit me, I am quite content with my pension that pays me MORE than when I worked. Yes, even factoring in inflation.
Be safe.
Sistema1927
US Veteran
They say that SS is in risk of going insolvent, but now they want to pay people who didn't pay into it? SMH.
It's really pretty easy to understand - less than 40 qualified quarters = no SocSec for you.
I have been hearing that since Rip Van Winkle had a short beard!
Screwing around heavy duty like that would bring results that those people do not even want to think about!
I have done contract jobs where you get paid the entire contract. You also get a 1099 for the whole amount, You can deduct your expenses, but then you pay the entire social security amount as well as the income tax. Normally your employer pays 1/2 the social security.
I agree with the no pay, no get paid part. But, an illegal or anyone else who uses a fake number never gets anything back. If they use someone else's number that other person will git hit for thew taxes, but can later collect on the additional social security.
I agree with the no pay, no get paid part. But, an illegal or anyone else who uses a fake number never gets anything back. If they use someone else's number that other person will git hit for thew taxes, but can later collect on the additional social security.
All I can say is marvelous. Believe me, "they" are getting theirs and part of mine and others in other ways. Joe
For many years, early in my carrier as a well paid construction worker I made enough money that SS was no longer deducted.
That would normally happen in Oct or November!
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LVSteve
Member
That's not what WEP going away means in any way shape or form. WEP can only affect those who have paid into SS for 40 quarters.
As of 2024, your SS benefits may be reduced by up to $587 depending on the size of your pension, how much you have paid in to SS, when you started taking the pension and some other factors. As noted above, it can get complicated.
If I retired this year I estimate the WEP would hit me for about $400, which is a big percentage of my SS because I have only been in the system since 2007. The UK pension I get pays for the house, but not much else. I'm on a work hiatus right now riding herd on contractors at the house, but I may go back on a sort of consultancy basis for another year or so, depending on when my wife wants to pack it in.
pantannojack
US Veteran
After you factor inflation into the 16 years you did not contribute, I say you have the advantage.
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You wouldn't get benefits for your law enforcement salary.
Only for the money that was subject to SS.
So for guys like me that had years of working before LE and then after, not to mention the part time income that I paid SS on, it seems fair.
So I am only receiving benefits on money I paid in, which I believe I earned.
I would not be taking a free ride.
So rest easy Sistema I won't be taking anything from you the way my payments are going to pay you since I chose to serve society.
Only for the money that was subject to SS.
So for guys like me that had years of working before LE and then after, not to mention the part time income that I paid SS on, it seems fair.
So I am only receiving benefits on money I paid in, which I believe I earned.
I would not be taking a free ride.
So rest easy Sistema I won't be taking anything from you the way my payments are going to pay you since I chose to serve society.
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NOT THAT I SUPPORT ILLEGALS running phony SS numbers:
But, all those people I saw picking pick fruit and vegetables were really raking the system big time besides taking those jobs from citizens.
What about all those actual citizens in certain religious sects, that pay no taxes while living in communes and have no money or wages of their own and whose medical bills the government covers? Plus, they get food assistance to. Are they better than illegal? How about the "pastor" of a tax exempt mega church who lives in a mansion and has a private jet? Hallelujah
How about the "mom" with 5 kids all with different daddies, sucking up assistance, while daddy to be number 6 lives with her in subsidized housing. Bet that cost more a month than most get for the Social Security they earned.
Worse yet the nearly 2 million culls spread out between Federal and state prisons, city and county jails. They all suck up an average of $45,800 per head per year for their room and board and medical. Nobody gets that much SS
We have more money draining free loading "citizens" than we do illegals. But, right now those illegals are making way better political fodder than the rest of the rot.
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MTC(SS)Ret
US Veteran
I don't believe this affects the military, at least the "old" military retirement program that was in effect in my day, 1973-1993. Don't know how it worked since then.
All of my military base pay was subject to SS tax and counted toward my "credits".
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Steelslaver to clarify my removal of the "like" on your post because I am not one to unlike and run.
Some of your post I agree with but I don't have an issue funding prisons when it comes to housing those that harm others.
I also am not behind the first part but think it is your attempt at sarcasm. I also know there are plenty of legal immigrants here that hold positions that citizens think they are to good to perform.
You also failed to mention all the folks taking SS disability who are far from disabled. Not saying people don't deserve disability when they do, and as a person who was eligible but declined to take it, I understand.
But when I see people drawing, that claim to be disabled right up until they are 65 and then can do all kinds of physical activities. Or you are in a foot chase with some mope who claims to have a bad back, that irritates me to no end.
Especially when I lose half of what I earned paying into that system.
Some of your post I agree with but I don't have an issue funding prisons when it comes to housing those that harm others.
I also am not behind the first part but think it is your attempt at sarcasm. I also know there are plenty of legal immigrants here that hold positions that citizens think they are to good to perform.
You also failed to mention all the folks taking SS disability who are far from disabled. Not saying people don't deserve disability when they do, and as a person who was eligible but declined to take it, I understand.
But when I see people drawing, that claim to be disabled right up until they are 65 and then can do all kinds of physical activities. Or you are in a foot chase with some mope who claims to have a bad back, that irritates me to no end.
Especially when I lose half of what I earned paying into that system.
I have nothing against those who come and actually do work nobody else will. But we need to fix the system so that is possible and those who hire them are responsible for them. But then a lot of guys I worked with used to pick fruit and veggies as kids. Now not only would 99% of kids not do it, most parents would even think of asking therm too.
I have no use for anyone illegal or legal who just sucks off the system and has never done squat to actually help out. That includes the the vast majority of the 535 freeloaders in congress and their staff.
I also have nothing against locking criminals up, but in a whole lot of cases we should spent 6 cents or so on a 22 shell and save everyone a lot of time, money and trouble.
I also have no problem feeding a hungry kid, I do have a problem with feeding and housing some of their parents.
My wife did SS hearings as a side gig for a big firm for a while and got so much a head, win or lose, she hated it. Because most of the clients were kinda nuts. But, at least around here, the judges didn't give you squat unless you actually couldn't work. I kind of got the idea that getting SS disability isn't as easy as it once was. But, many of those who thought they should get it were for stuff that was laughable. Being a drunk, anti social, irresponsible, a druggy and the like won't qualify you. You also better come with some actual medical reports. If they got phony medical reports that is as much on a *** Dr as on them. If you are sat a licensed RN, but can't get along with people or fo some reason can't do that anymore for some reason but could still be a door man at Walmart you do not qualify for SS disability anymore.
My point was and still is we got way to many lice of all types sucking on the government teat, SS is just a part of it.
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Big butt momma who cranks out 10 kids by 10 baby-daddies is taking but not giving.
Not from SocSec unless baby daddies were 1) vested in SocSec, and 2) dead.
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LVSteve
Member
Indeed. Why are so many drifting off into welfare, which is entirely separate from SS?
