In case you missed it, Congress and the President did something good (in my opinion) recently. And this bill was first introduced in 2001 but kept dying in committee every two years ever since. Things can get better as long as we keep fighting. - ThreadSky

iammrbeat.bsky.social • 55 days ago

In case you missed it, Congress and the President did something good (in my opinion) recently. And this bill was first introduced in 2001 but kept dying in committee every two years ever since. Things can get better as long as we keep fighting.

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blueteamradio.bsky.social•52 days ago

I suggest you follow: @mygovexpert.bsky.social
He has his finger on the pulse of social security and medicare.

blueteamradio.bsky.social•52 days ago

There are nuances to this one as well. I suggest watching Ed Weir, former SSA manager's videos on the topic:
https://www.youtube.com/watch?v=5pMosFqC448
Synopsis: This adds $190 Billion in debt against social security trust fund - which speeds up cuts to the system which impacts the rest of us for 3% it helps.

omnibus09.bsky.social•54 days ago

As a government worker who was a benefits analyst for a while, the windfall stuff always confused the heck out of me and it was a very imperfect system. The people at SSA also seemed to always confuse it.

veronicatash.bsky.social•54 days ago

As a socialist, I have to disagree. The GPO and WEP applied specifically to government employees who had paid into separate retirement systems rather than Social Security. These were federal employees who started before January 1983 and got to use the superior Civil Service Retirement System,...

veronicatash.bsky.social•54 days ago

and local and state government employees who were paying into separate retirement systems without paying into Social Security. This was done to prevent them from getting the best of both worlds.

Social Security Retirement Insurance Benefits are calculated in such a way that those who had lower

veronicatash.bsky.social•54 days ago

earnings over the years get subsidized in the calculation. The first $X you get 90% of your earnings calculated into your insured amount, then the next $Y you get at 32%. The rest at 15% up to the max. So workers who worked minimum wage jobs then got a job with some government agency which

veronicatash.bsky.social•54 days ago

did not pay in are going to get those benefits being treated as if they were low wage workers when they weren't. The WEP applied here.

Then we have spouse's and survivors benefits which you get when your work was low enough that you were dependent upon your spouse. The GPO applied here.

veronicatash.bsky.social•54 days ago

Take my dad, who remarked how happy he was that he opted to stay in CSRS because he paid in less and is getting more out. He made the money in the family and my mom only worked part time - and was angry she had to do that. If he was in FERS my mom would have claimed off of his record.

veronicatash.bsky.social•54 days ago

However, he is now claiming off of her record because of this. He is falsely being considered to be dependent upon her.

These existed for a reason - to prevent "double dipping." It's odd that there is this push to help them, in particular, when federal employees now, who are stuck with FERS,

ranchoduchess.bsky.social•54 days ago

I started public svc in 2011, after 18 years of contribution to social security. As a teacher, my pension is nowhere near “superior.” I paid 9% of my ridiculously low salary (after a masters) and after 14 years had about $1000 pension. Yet they were deducting $500 from my earned SS benefits.

veronicatash.bsky.social•54 days ago

As I said, that would be resolved by just adjustong the WRP exclusion.

They also weren't deducting anything - they calculated your benefit all at 15%.

https://secure.ssa.gov/apps10/poms.nsf/lnx/0300605362

ranchoduchess.bsky.social•54 days ago

They deduct from what SSA said you earned on benefit statement. Retiring at full retirement age deducts $518 from my ss. (Those who turned 62 a little later deduct almost $600 per month. If you delayed, it’s close to $800 per month less than ss benefit statement. This is more than half.

yourcousinvinny.bsky.social•55 days ago

As a former teacher, would you have been denied full Social Security benefits, (if it’s still solvent in the future) by the time you were eligible for them?

drfsuper.center•55 days ago

And it passed with a huge majority so it's not even a partisan issue

christianlw.bsky.social•55 days ago

What exactly does the bill do?

ljphoenix.bsky.social•54 days ago

would it be feasible for you to make a Short about this for YouTube? Seems interesting.

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