The Social Security Fairness Act legislation would cut two provisions that curtail retirement (Social Security) payments for public workers (approximately 2 million employees) and their surviving spouses and family members (approximately 800,000), the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
Note, Reagan was president when the Social Security Amendments of 1983 with WEP and GPO were enacted.
What I don't understand is it sounds like the employees (and spouses) covered by these provisions did not pay Social Security on the wages affected by these provisions. Thus, why should they get Social Security for those wages?
"The biggest opposition to the bill is its cost. The Congressional Budget Office estimates it would cost upward of $190 billion over a decade... It would hasten the combined trust funds shortfall by six months to a year, when it's already in trouble... "
I'm not saying I'm against the act. I just wonder why these employees/employers weren't paying into Social Security. I'm guessing it was a "benefit" of being a public employee. I'm thinking the sponsors of this bill should have come up with a method to fund the additional Social Security payments. The Senate has until Dec. 31, 2024, to sign the bill and get it to the President to sign.
Topics:
|
|
Discussing:
- Trump Cabinet (30 replies)
- Online and Dinner Table Exchanges with Trump Cultists (3 replies)
- Guess the Democrats should have run a man? (2 replies)
- Incessant Political Fund Raising (2 replies)
- What about the Social Security Fairness Act? (1 reply)
- What are recess appointments and how could Trump use them to fill his Cabinet? (1 reply)
- Dismantling the Department of Education? (3 replies)
- Nomination for Director of National Intelligence a security risk? (8 replies)
- Covenant Health Park luxury condos now up for sale, ranging from $500k to $2 million (2 replies)
- Millions at risk of losing health insurance after Trump's victory (9 replies)
- Is it about the bro's stupid? (7 replies)
- Dozens of threats made against Knox County Schools. Students afraid. (9 replies)
TN Progressive
- Friday Toons (RoaneViews)
- Lee's Fried Chicken in Alcoa closed (BlountViews)
- Friday Toons (RoaneViews)
- Friday Toons (RoaneViews)
- Friday Toons (RoaneViews)
- Alcoa, Hall Rd. Corridor Study meeting, July 30, 2024 (BlountViews)
- My choices in the August election (Left Wing Cracker)
- July 4, 2024 - aka The Twilight Zone (Joe Powell)
- Chef steals food to serve at restaurant? (BlountViews)
- Blount County, TDOT make road deal for gun mfg ignoring town of Louisville,TN, (BlountViews)
- Winter at the Big Rocks (Whitescreek Journal)
- Secrets from My Radio Days (Joe Powell)
TN Politics
- Tennessee K-12 school building costs escalate amid competing political priorities for education (TN Lookout)
- Trump vow to impose stiff tariffs at odds with anti-inflation campaign message, Dems say (TN Lookout)
- Election denialism has staying power even after Trump’s win (TN Lookout)
- Anti-lockdown researcher Trump’s pick to lead National Institutes of Health (TN Lookout)
- Trump signs delayed presidential transition agreement with Biden White House (TN Lookout)
- Benton County water main repaired after tanker crash; Boil water advisory continues (TN Lookout)
Knox TN Today
- Lady Vols finish November with perfect start (Knox TN Today)
- Ever mindful of the needs of others (Knox TN Today)
- Bill Battle, former Vol coach, dies at 82 (Knox TN Today)
- ‘We Live in a Wonderland:’ A virtual program in December (Knox TN Today)
- HardWood BBQ opens in South Knox (Knox TN Today)
- Knox the Fox in Montenegro, Croatia with the Lenns (Knox TN Today)
- Rural Energy grants to benefit Tennessee farms (Knox TN Today)
- Outdoor options to give back, find friends (Knox TN Today)
- Join us for ‘An Evening in the Greenhouse’ (Knox TN Today)
- Santa is coming to Tennessee Food City locations (Knox TN Today)
- Amadeus Concert Ensemble presents (Knox TN Today)
- Thank God Marines are insane (Knox TN Today)
Local TV News
- Small Business Saturday shoppers visit downtown Maryville for holiday market (WATE)
- TBI investigating after man fatally shot by Cumberland County deputies (WATE)
- Knoxville Police ask for tips in unsolved homicide from 21 years ago (WATE)
- Knoxville home a 'total loss' after fire caused by space heater (WATE)
- Friday Frenzy: High school football playoffs semifinals highlights (WATE)
- How you could get your photograph in a TWRA calendar (WATE)
- Measures to crack down on parking scofflaws get preliminary approval from Knoxville City Council (WBIR)
- ETSU Marching Bucs shine in front of millions with energetic Macy's Thanksgiving Day Parade performance (WBIR)
- Knoxville woman accused of killing Harrogate woman in 2023 crash (WBIR)
- Santa Claus to visit Knox County Public Library locations in December (WBIR)
- 'His actions spoke a long time ago' | 40 years later, Blount County family comes face to face with brother's killer (WBIR)
- Knoxville warming centers set to open next week (WBIR)
News Sentinel
State News
Wire Reports
Local Media
Lost Medicaid Funding
Search and Archives
TN Progressive
Nearby:
- Blount Dems
- Herston TN Family Law
- Inside of Knoxville
- Instapundit
- Jack Lail
- Jim Stovall
- Knox Dems
- MoxCarm Blue Streak
- Outdoor Knoxville
- Pittman Properties
- Reality Me
- Stop Alcoa Parkway
Beyond:
- Nashville Scene
- Nashville Post
- Smart City Memphis
- TN Dems
- TN Journal
- TN Lookout
- Bob Stepno
- Facing South
It doesn’t work quite that way
It isn’t that people would get paid social security for years they worked in ‘non-covered’ jobs. It’s that the social security they get for the years worked while paying into the social security system is cut. For example, a person who worked 20 years in a job that paid into social security would get $x/month. But a person who worked for 10 years in a job that wasn’t in the social security system, say a public employee of some sort, and then later worked 20 years under the social security system at the exact same salary as the first person would NOT get the same $x/ month. This is because social security thinks the pension for the first 10 years - a completely independent time period - is a ‘windfall’, so they recalculate the social security amount for the 20 year period in such a way that the social security benefits are much lower. The reduction can be up to 50% of the social security benefit. It actually is unfair.