Not so they start immigrants soon as they become of qualifying age..even when so.e were brought here by grown chrildren..that suppose to be their sponsor for their medical housing money..go to a county hospital..you will see rich Indian Asian etc. Families bring them to the hospital where I work..the rich families bring them here & pay for nothing ..
@@willieverusethis blue collar worker...i have paid in since i was 15...i would love to see those in the house senate and all the rest live on what they pay instead of a bloated system they have...same with medical...the house and senate were designed to be part time jobs not a life long career...
So then why has the government given $Billions to migrants from other countries over 65 that have NEVER so much as put one penny into the system?!!! I say if you want to come to America, you better have a way to support yourself!! Maybe Trump has a spot in his cabinet for me! Start with FRAUD in our social services departments!
If the crooked washington crooks would keep their greedy fingers out of the social security funds, we would have lots of money to help retirees get their well earned and deserved checks.
Exactly. If they "borrowed" money to balance thier budgets, they HAVE to pay it back. They hate it when the small people go bankrupt and punish them for doing so so why should they get a pass?
sadly it'd be the taxpayers. because you know the bastards who wrote the law that allowed such are long retired themselves, and the current crop of legislators aren't about to take cuts to THEIR salaries (that, remember, they can vote to raise whenever they want)
@@cowboyflipflopped the tics who borrowed it? or their estates? out tics should be held responsible for their reckless actions imo, if they take our monies they should have to pay it back, they after all can afford to fly back and forth to the hill and eat steaks on the reg lol
I never want to hear that there's no money for SS but billionaires get to pay zero taxes and huge companies get to pay less taxes than the average worker, teacher, nurses, etc. No more welfare for the wealthy!!
Scrambling to grab as much CA$H as they can before Trump takes as AX to the Federal budget, the Soviet Democrats & RINOs change the law to “fix it” so giverment UNION’d employees can get Socialist Security bennies in addition to their Lavish Pensions and Cadillac Healty Care - all paid for by the American People who have neither! But why? What is the rationale? “We paid into the System!!!” Uh, did they? Because they were paid by the Tax Payers doing REAL jobs NO! They did NOT pay their taxes - including socialist security and Medifraud - WE DID! No “Giverment” No job. No taxpayer funded paycheck!
You ain't seen nothing yet. Eventually they'll cut you from the system for having a 401K. The system is so broken they'll have to start kicking anyone with any other means out of it. And wait until we get MILLIONS more put on the system who never paid into the system and just showed up with an asylum claim.
@@barrywythe6621 Most people work a job that pays social security tax and then get a job like a teacher and work towards a pension. When they retire, they look at the pension and then subtract 2 dollars for every 3 doll ars of the pension. I know of people who lose hundreds of dollars of socoal security.
I’ve been paying into Social Security and Medicare since I was 14 years old. I’m scheduled to retire in two years. I want the benefits that I paid into for decades!
I retired early on SS. Now I work also. I'm paid up, right? But I still pay over 2500 in SS & medicare a year. (Plus medicare monthly premiums) Also a penalty if I make more than 25,000 a year.
I worked briefly as a public school teacher and was told I wouldn't be paying Social Security taxes because of the way the Teachers Unions had set up their retirement plan. If your entire career was based on public employment and you and your employer didn't pay Social Security taxes, you shouldn't be eligible for SS at retirement...but if you have paid in to SS you should be eligible for SS payment based upon your earnings like any other person.
@jim-chickieboling3265 This will benefit teachers who pay into a pension, but then ALSO work a second job during their off time that takes out social security from those paychecks.
You are missing something major. I was a farmers wife. Married and ran a farm and paid taxes for 25 years. Became a school teacher. Because I was a school teacher I LOST MOST of my retirement. They dont care if the 10 years and 25 years are in two different times in your life, they lumped it all together and now I get LITTLE retirement because social secreity says TEACHER PAY... and teachers retirement says SOCIAL SECURITY PAY. I loose 1.5k a month for the rest of my life.
If you paid into SS you should be eligible for the benefits. If you didn't pay you should get nada. This report is somewhat confusing as to what exactly the bill is allowing for.....
SS funds earned outside of the govt job are reduced because of your govt pension. My earned SS annual benefit was cut 45% due to my govt pension. When I did the math about affording the early retirement plan that reduction hurt a lot. I had to move from where I lived.
So what it means is my ss is around 13 hundred but as soon as I start getting my teacher retirement they take 40 percent of my ss away this bill would let me keep that money
So did all of these government workers pay into. Social security ? If working for the government and they did not pay SS taxes then how are they entitled to pension and social security. If they get SS after no paying into the system then the public sector deserves more money from the administration.
@@caroldobinson This is about people who worked both government jobs and non-government jobs. I paid into social security for 17 years, then went to work for a state university and paid into the state pension system instead. When I retired most of the social security I had earned for that 17 years was taken away. Poof - just gone. You paid into it but you don't get it back when you retire because at some point you went to work in the government pension system. But your government pension of course doesn't pay for that 17 years either. Poof- just gone.
But that's the point. These people did NOT pay into Social Security. They were exempted. This is a well-known scam. You work 30 years in a government job, and pay no SS. You have a government pension. Then you retire and get a private industry job for 5 years to qualify for Social Security. Reagan passed this law and it was a good one. We are supposed to be SAVING the SS system, not burdening it more.
It isn't a savings plan where you get an allowance. It is a guaranteed service for citizens whom paid into it that upon reaching 'retirement age' no American will be destitute. It's not going to make anyone rich but many can live off of it and the free Medicare to those same individuals. You'll look into it more as you get closer to it.
@@Po1itica11yNcorrect There is a cap to what a person can 'make' while receiving benefits to qualify for the full amount. Anything made over that amount is taken away from the benefit until surpassed, whereas no benefit will be paid. It's more like copay insurance than an allowance.
@@Po1itica11yNcorrect No you would have paid into social security. The Military does both. Thats because the pensions for the miitary is so low, compared to working in the private sector.
They need to give the elderly free health care like those on SSI. They also need to raise the amount because NOBODY can live on 1,200 a month. And why penalize people for being married by taking half of the wife's SS away from her while her husband lives? These people built and took care of this country . Treat them right.
They no longer want us elderly to live so long so giving the worst health care when you need it the most is in the cards. I'm lucky that I qualify for Medi-Cal and I can also have my Medicare so CA did something right.
I paid in 25 years in to SS but I only get 60% because I receive the pension from another job. Just because I worked 2 jobs the government has no right to cut my benefits.
@@willieverusethis It's not penalizing. If one doesn't pay into SS because their public employer already provides a pension then their benefits are adjusted accordingly. This mostly affects a worker who worked multiple jobs that paid into SS but had a public employer who did not. It also affects the spouse who collects SS. This is called the Windfall Elimination Program (WEP). I'm surprised the news didn't go into this.
It's a rip off.The federal government does not want you to have all your money. If you have a pension and social security, they do a formula where they take 50% of 55% of your pension or your social security i Louisiana, they do a formula, whatever comes out the most, that's what you get most of the time. You only receive $100200 of social security. If you have 40 quarters, if you don't have 40 quarters, you, you don't get social security. If all of your work has been in the state and you never worked anywhere else, then you all to receive retirement. Hopefully, it's the minimum salary to live on. Other than that, you can apply for ssi. It's a such supplemental security income to come up to the minimum standard living
Your Social Security benefit might be reduced if you get a pension from an employer who wasn’t required to withhold Social Security taxes. This reduction is called the “Windfall Elimination Provision” (WEP). It most commonly affects government work or work in other countries. You won't have this reduction if you paid Social Security taxes for 30 years on enough work outside your pension-earning job(s). See a WEP chart that shows how years of Substantial Earnings can change your reduction (PDF).
"...and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, 'cause they own this fucking place. It's a big club, and you ain’t in it. You and I are not in the big club." ~George Carlin
No, they will not get it all, because WE DO NOT GIVE UP. Check out/spread the word/join with Social Security Works, a quality group of everyday people.
In most cases they don't pay in, they are on separate pensions, they use to call it double dipping. Also in most states they pay No or reduced property taxes. Yes, that's right, the people that want to raise your property tax don't pay any.
The whole point of the government workers is they got government pensions and yes if they paid in to Social Security at some point in their lives and met the requirements of having enough credits they should get their social security but only what they put in to it. Anna In Ohio
No. They opted out of SS for most of their lives in exchange for a government pension. Then they work a minimum of years for a minimum SS benefit which is much more than is proportional to the time worked. That was a good law that was revoked. Reagan passed it.
@@heatherhall7899not true in my case. I was about half of my career life outside of education and half inside. I also had to pay into social security during all my extra jobs while also teaching.
What they aren't saying out loud clearly is that career politicians that hasn't had to pay into Social Security will receive a higher portion than the average American worker when they retire on top of their public office retirement plans. In other words they are somehow entitled a lot more than we are even though we have paid in our entire adult working lives and it's BS..
They are a tiny minority of the people affected by the law. That's how the law was sold to us: we would stick it to the politicians double-dipping. Instead the law hurts people who went into teaching late in life, or got a job in a public sector after years of working in the private sector. It also docks the most money from the lowest income people.
yeah, half my rent will go to a decent apartment, if I don't it's a efficiency and that is way too small. You feel like you are in a one room cabin. Maybe some could live in those tiny little matchboxes sized buildings. Like it would be pallets. They need to raise the COLA to match inflation better
If you paid into SS and a Pension while in Public Service you can collect a full SS retirement benefit. Many Public Service employees opted out of SS to avoid paying into both. SS currently prorates for those who did not pay into. To give those who opted out of SS retirement system is not fair to those who paid into both SS and a Pension during their career.
As a retired Texas teacher who has her SS benefits reduced because of WEP, I'm super excited to see movement toward its repeal. I had 14 years of employment in the private sector before I began my teaching career at age 30. I deserve every SS benefit I earned from age 16 to 30. It's not much...wouldn't even cover our monthly grocery bill, but I'd still like to have it. Especially since I have to pay for our Medicare Advantage plan out of my teacher retirement check as well as pay my Parts A & B out of my SS. I think my SS net is right at $108 a month. I appreciate Congress addressing this.
Me too. I get a whole $74 a month for all the years I paid into Social Security. The naysayers have no clue. We paid in for our full 40 quarters just like everyone else, but we receive reduced SS. That's what public service gets you.
The issue is that SSA benefits are a progressive benefit program. This means someone with a (FRA 2025) AIME of $1000 will receive $900 a month in benefits while someone with AIME of $5000 will receive $2311 per month. In this example most people will have paid 5x while only getting 2.56x the benefits. That is also not fair
@@sailingwiththegods538 There are more public schools than private. Besides, there are no private schools in rural areas where we were needed and appreciated.
When ever our Goverment passes a bill it always means the exact opposite of the name! If you dont pay into Solcial Security you should not be entitled to any!
my thoughts too if they call it fairness they have a different defintion of it then you and I. it is a convient way to screw you over. to them it is not fair you worked hard made alot of money and others did ot, they deserve it too despite not working or paying into it, they have a warped view of fairness.
Even if you did pay into it, the money us gone! I’m sick of the wealthiest generation always demanding my generation, millennials, foot the bill for their extravagance.
@@CMM726 why are you mad at the people who paid into it, it is not like they stole it government did, stop supporting a corrupt government, by thinking they are going to solve these problems they are the problem.
They did pay into Social Security! I worked and was fully vested in Soc. Sec. BEFORE I worked for the city. I had accrued all of my quarters. Then I went to work for the city and put in 26 years there and contributed to my pension. THEN when I retired, my Soc. Sec. was cut to 1/3 due to a clause that came into affect after I was already vested. It is called Windfall Elimination. I followed all the rules, worked since I was 14, then was screwed out of my share.
If you don't pay. You should not and never get any of Social Security. But then again, some people in this country doesn't get a fair shake in this country .
What this is is for people who worked a second job that qualified them for SS and also worked in a non SS job that had a separate plan. They were taxed but did not get SS. It was called the windfall elimination act.
Are you saying people with disabilities shouldn't get SS? A lot of them do, it's called SSI. They haven't paid in or haven't paid a lot in, are you saying people with actual, real disabilities shouldn't get this vital help? If you are, that's fine, just makes you a pretty crappy person, own it if so.
This is about people that paid into social security and a pension. Social security payments are based on what you paid in, your top 35 years. If you paid into a pension for say 20 years and social security payments for 24 years, then when your payments are tabulated you would have 11 years where your contribution was 0. That is going to reduce your monthly stipend. That is reasonable. But they are double penalizing people, by now taking another portion , as much as 60%, of the already reduced amount.
So, if they paid into the system, they should get the percentage of what they paid in...if you pay in 100%, you get 100%; if you paid no social security taxes, sorry.
@@kendallevans4079they worked for it and paid into the system. The illegals are getting money 💰 from social security which they never paid onto. Our country treats it's citizens very poorly
😲...damn shame!..but the ukranians that came here when that war started, got it immediatedly and didn't put a near dime in anything. And if you do get SSI, you can't even have over $2000 in your bank account. I guess you gotta put it in your damn mattress or safe.
Because this move depleted the SS Trust Fund even more and makes SS even more unstable and underfunded. These are people who exchanged the right to SS for a government pension and then worked a couple of years to try to get a SS benefit that is disproportionally high based on time worked because there is a SS minimum payment.
@heatherhall7899 If they're not going to get a social security payout, then they shouldn't have to pay into social security. You're frowning on the fact that these people are possibly going to get back a portion of what they paid in.
@@midnighthour733 in the 70s they didnt have illegals pouring in by the millions and we didnt give them free housing, cash assistance, medical, and more.
@@heatherhall7899They're not exempted from paying INTO social security. Some pay into both a pension AND social security, working two jobs simultaneously for decades.
No. The people most hurt by this are those who paid in to Social Security for much of their lives before getting a poorly paid substitute or adjunct teaching job.
I did pay in for over 12 years, but I am entitled to only about 1/3 of what I should receive because I paid into a pension account after working in the private sector.
If they didn't pay into social security why should they get a check? If they did work part time and pay a little into s.s. and they didn't make enough to qualify for a s.s. check that's too bad. I thought that's what their pensions were for! I started working late in life because of a divorce. My ex always wanted me home with the kids, so I didn't make a lot from the time I stated working til I retired so my benefits when I retired were less than $1,000 a month. I barely make over that now! Many seniors who live on S.S. alone will get a big cut when the money starts running out but these people will continue to get their pensions from the government. This is b.s.!
That's a neat story. What about those that worked two FULL TIME jobs for decades and contributed to both a pension and bi-weekly social security taxes? You're saying that even though they paid into both, they shouldn't get both. Look at it another way. Someone paid into social security but also contributed a portion of their paychecks to a 401k over the years. Because they have a 401k, should they have their 401k stolen from them? THAT'S what you're suggesting for those who contributed to both social security and a pension.
I am working in government full-time and part time in other place. I pay into pension fund and also pays SS. Should I not receive check from SS when I am 67?
@@tdgdbs1let's not spread lies of "a whole lot more". White women definitely do but not all mothers get more. I know people who have had multiple children not getting enough even though they don't make enough from working. And if they are approved it's not like they always get to keep it or the amount you're approved for fluctuates.
Duh , that’s not what this is about , watch the video . This is about not getting what you paid into Social Security and the money you paid into retirement.
วันที่ผ่านมา +13
if you paid in, you should be paid out...PERIOD....if you didn't pay in, you should get 0....PERIOD.
People never worked in USA is getting $938 plus free medicaid from SSI. And average SS american who worked and paid 20 years has only $1300 minus $174 for medicare!!! Itis a FAIR????
How could this report miss the most important information. They're trying to pass this bill before Donald Trump gets in office to interfere with Social Security benefits. It won't stop him, but it will help.
If you paid into Social Security, you should get it at retirement age. However, there are many cases where no SS taxes were paid due to school districts opting out. Those employees who never paid into the system should NOT be allowed to receive it. It’s simply a matter of fairness. Opting out, then wanting the benefit that others paid for, is wrong.
วันที่ผ่านมา +6
Y they only raising it for only them, what about we the hard working people who don’t make millions?,🤬
We get that social security taken from our paychecks every single pay check. Over the course of a year its a substantial amount being taken. All money paid in should be returned to the payees paying in. Not just a percentage. I for one do not need the government holding onto mine. I can invest it myself better than government ever could.
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings to fall back on.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
The thing is, social security was not meant to be a sole source of income to live on. It was meant to help in the event of the loss of the family breadwinner. You were supposed to plan for your retirement and save accordingly. It is so unrealistic to expect SS to sustain you.
ummm...I know fire fighters that pay into another retirement account that's even better than SS and don't pay a payroll tax at all...They should not be getting SS...Makes zero sense for them to get SS and I'm a Republican. Speaking of wasteful spending...
If the House calls a bill, something something fairness act, you better believe that there is nothing fair about it. Read every word with a fine tooth comb. Find the lie.
Typical congress. Social Security will become insolvent in 2034, but, hey, let's sign up more workers into a system that is ready to collapse (I am a financial planner, so I am very familiar with all retirement plans).
I worked from 16 to 33 and paid into social security. I became a municipal employee and then retired. My social security payment should have been 1000 a month at 62, instead I get 480 a month.
I'm a retired teacher. I paid into Social Security for many years through a second job but don't get my full benefits because of a law passed when Reagan was president that penalizes public servants who are eligible to get both a pension and SS. The penalty is about 80% of the Social Security benefits I EARNED. I have enough credits to qualify and receive only 20% of what I would if this penalty law didn't exist.
You didn’t pay into it from your teachers salary. You get a pension from a teachers retirement fund. You didn’t pay much into ss from a second job and you shouldn’t get much from it. Quit demanding what you don’t deserve.
I see why some wanted this Act to pass, but it's not the right move. Social Security needs to be revamped and improved all the way around. Now, with the passing of this act, EVERYONE who is, and will receive SS benefits of any kind from here on out will receive far less, causing most all to suffer even more than they already are. MANY, many seniors, disabled and vets living on SS have been receiving income far below the poverty level. They have been losing their homes, unable to pay their power bills, and starving for years now. This will only be worse now. THE SS SYSTEM NEEDS REVAMPING AND FUNDING!! STOP SENDING OUR MONEY TO UKRAINE AND OTHER COUNTRIES. STOP THE WASTEFUL GOVT SPENDING!!! OUR PEOPLE ARE DYING!!
We don’t send money to Ukraine. We send expiring weapons and equipment that is replaced by the current defense budget. Educate yourself. You really think we’re sending cash money to them?
@jdocean1 don't call the other person you're arguing with uneducated when you are the person who needs to do your homework! Yes, we are even paying pensions for the corrupt higher ups in Ukraine! Have you not seen Zelensky's yachts and mansions?
Police are EXTREMELY well paid. Their pensions are excellent. The reason people got excellent public pensions was they traded their SS for the pension. Now they get to collect both? That doesn't make sense. Who is going to pay for the shortfall on funding those pensions?
I hope Trump find out why the social security program’s total cost exceeded its total income. Are we paying an incompetent to manage our social security fund? It isn’t fair that citizens always have to pay the price for the mistakes created by the government
Nothing happened to the money, it's all there. The problem comes when people start working full time at a later age or not work at all. It creates gaps but nobody stole it. There are great articles that explain it all and exactly how the US Treasury invests it and such so just google it.
gov is exempt for the liability for the laws and polices they pass which means they have no skin in the game, so they dont care what laws they pass they are exempt. it is criminal.
Unfortunately not all of us were financially literate early. I was 25 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now l'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling.,,
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Athough I have watched a lot of TH-cam videos about it but I still find it hard to understand
I thank Angela Phyllis Martins who has always been there to help me with detailed analysis and recommendations that I would not have had access to otherwise.
YES! That is exactly her name (Angela Phyllis Martins ). I saw her interview on CNN News and so many people highly recommended her and her trading skills.
Thanks from a retired teacher with additional work to gain my 40 quarters. Due to WEP and other disqualifications. SS pays for my Medicare parts a and b. There is less than 125.00 left for me. I got my 40 quarters, though. Little pay for those quarters.
I think the reason that their SS payments are reduced is that during their employment, they are NOT paying FICA or Medicare because they pay into the alternate pension system INSTEAD of paying into Social Security. I experienced this during my State employment.
THATS GREAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MOST OF US ARE NOT MILLIONARS WE DEPEND ON ALL WE CAN RECIEVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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You have to pay into it for 40 quarters (10 years worth) to qualify for SS. Its not a gift, its your money not The governments.
Not so they start immigrants soon as they become of qualifying age..even when so.e were brought here by grown chrildren..that suppose to be their sponsor for their medical housing money..go to a county hospital..you will see rich Indian Asian etc. Families bring them to the hospital where I work..the rich families bring them here & pay for nothing ..
Substantial earnings. If you worked at crap jobs, you may not have made enough in those ten years to qualify, even though you paid in.
@@willieverusethis blue collar worker...i have paid in since i was 15...i would love to see those in the house senate and all the rest live on what they pay instead of a bloated system they have...same with medical...the house and senate were designed to be part time jobs not a life long career...
So then why has the government given $Billions to migrants from other countries over 65 that have NEVER so much as put one penny into the system?!!! I say if you want to come to America, you better have a way to support yourself!! Maybe Trump has a spot in his cabinet for me! Start with FRAUD in our social services departments!
It's your fellow citizens money that you stole from them actually
If the crooked washington crooks would keep their greedy fingers out of the social security funds, we would have lots of money to help retirees get their well earned and deserved checks.
Facts! I prefer to get a tax-exempt lump sum for all the years I worked
❤❤❤❤❤❤❤❤❤❤ They should have never been allowed to put their fingers in it . 😡 They are the ones robbing from every govt. program .
That is the truth
you do know 95% of al the funds stolewn from the fund has been from the gop??
Exactly. If they "borrowed" money to balance thier budgets, they HAVE to pay it back. They hate it when the small people go bankrupt and punish them for doing so so why should they get a pass?
Does this "ACT" include the provision that all the monies that have either been borrowed or redirected by Congress BE PAID BACK WITH INTEREST ???
By whom?
sadly it'd be the taxpayers.
because you know the bastards who wrote the law that allowed such are long retired themselves, and the current crop of legislators aren't about to take cuts to THEIR salaries (that, remember, they can vote to raise whenever they want)
@@cowboyflipflopped the tics who borrowed it? or their estates? out tics should be held responsible for their reckless actions imo, if they take our monies they should have to pay it back, they after all can afford to fly back and forth to the hill and eat steaks on the reg lol
THAT WOULD BE REALLY FAIR!
of course not as 90% of the redirrected has been done by this pater ( the goP) for tax cuts to the utra rich
I never want to hear a frigging word about "not having" money for social security...after sending BILLIONS to other effing nations.
100%!!
I never want to hear that there's no money for SS but billionaires get to pay zero taxes and huge companies get to pay less taxes than the average worker, teacher, nurses, etc. No more welfare for the wealthy!!
Absolutely! 1000%
Exactly 💯
Right? Why I am literallly paying for Ukranian pensions, yet our Social Security is at risk?
They shouldn't tax SSI either. Damn crooks.
Thank Republican President Ronald Reagan & the people in his administration for that crap
Scrambling to grab as much CA$H as they can before Trump takes as AX to the Federal budget, the Soviet Democrats & RINOs change the law to “fix it” so giverment UNION’d employees can get Socialist Security bennies in addition to their Lavish Pensions and Cadillac Healty Care - all paid for by the American People who have neither! But why? What is the rationale? “We paid into the System!!!” Uh, did they? Because they were paid by the Tax Payers doing REAL jobs NO! They did NOT pay their taxes - including socialist security and Medifraud - WE DID! No “Giverment” No job. No taxpayer funded paycheck!
Agreed! They shouldn't tax workers for working. We're not selling goods, we're giving a service. I heard this was unconstitutional.
@@mjlh7079Reagan did sign the bill in 1983 but Dems controlled the House.
Blame Reagan.
This should be a crime if you paid Social Security, which is required you should get your Social Security
You ain't seen nothing yet. Eventually they'll cut you from the system for having a 401K. The system is so broken they'll have to start kicking anyone with any other means out of it. And wait until we get MILLIONS more put on the system who never paid into the system and just showed up with an asylum claim.
Problem is, it is not required if you have a pension system. It optional.
No Barry! Not true. I was never given that option. I was forced to forfeit what I paid in.
@@barrywythe6621I was forced to give all of mine without option as well. Fake news.
@@barrywythe6621 Most people work a job that pays social security tax and then get a job like a teacher and work towards a pension. When they retire, they look at the pension and then subtract 2 dollars for every 3 doll ars of the pension. I know of people who lose hundreds of dollars of socoal security.
I’ve been paying into Social Security and Medicare since I was 14 years old. I’m scheduled to retire in two years. I want the benefits that I paid into for decades!
I retired early on SS. Now I work also. I'm paid up, right? But I still pay over 2500 in SS & medicare a year. (Plus medicare monthly premiums) Also a penalty if I make more than 25,000 a year.
How did you work only being 14 years old old
Only 40 quarters count.... that's it. It doesn't matter how many decades were paid in. I'm sorry.
@@elgamodesto6660 I also worked at 14yo. Just needed a work permit signed by my parent but also was working at the same office that she did.
@@elgamodesto6660Everybody worked back in those years. I started at 15 in 1976.
I worked briefly as a public school teacher and was told I wouldn't be paying Social Security taxes because of the way the Teachers Unions had set up their retirement plan. If your entire career was based on public employment and you and your employer didn't pay Social Security taxes, you shouldn't be eligible for SS at retirement...but if you have paid in to SS you should be eligible for SS payment based upon your earnings like any other person.
My parents worked in public schools there whole lives. They didn't pay anything into SS and , of course, they didn't get SS paid back.
@jim-chickieboling3265 This will benefit teachers who pay into a pension, but then ALSO work a second job during their off time that takes out social security from those paychecks.
Have to have enough work quarters like everyone else does. And the work quarters used to have to be consecutive and within a 10 year period
You are missing something major. I was a farmers wife. Married and ran a farm and paid taxes for 25 years. Became a school teacher. Because I was a school teacher I LOST MOST of my retirement. They dont care if the 10 years and 25 years are in two different times in your life, they lumped it all together and now I get LITTLE retirement because social secreity says TEACHER PAY... and teachers retirement says SOCIAL SECURITY PAY. I loose 1.5k a month for the rest of my life.
I thought teachers and nurses had 403b plans?
I agree with this. People have a right to have what they worked for and paid into.
If you paid into SS you should be eligible for the benefits. If you didn't pay you should get nada.
This report is somewhat confusing as to what exactly the bill is allowing for.....
SS funds earned outside of the govt job are reduced because of your govt pension. My earned SS annual benefit was cut 45% due to my govt pension. When I did the math about affording the early retirement plan that reduction hurt a lot. I had to move from where I lived.
So what it means is my ss is around 13 hundred but as soon as I start getting my teacher retirement they take 40 percent of my ss away this bill would let me keep that money
So did all of these government workers pay into. Social security ? If working for the government and they did not pay SS taxes then how are they entitled to pension and social security. If they get SS after no paying into the system then the public sector deserves more money from the administration.
@@caroldobinsonThey should not get anything it's not their money it's other people's money and That not fair
@@caroldobinson This is about people who worked both government jobs and non-government jobs. I paid into social security for 17 years, then went to work for a state university and paid into the state pension system instead. When I retired most of the social security I had earned for that 17 years was taken away. Poof - just gone. You paid into it but you don't get it back when you retire because at some point you went to work in the government pension system. But your government pension of course doesn't pay for that 17 years either. Poof- just gone.
If you paid into it, you should get paid out of it.
But that's the point. These people did NOT pay into Social Security. They were exempted. This is a well-known scam. You work 30 years in a government job, and pay no SS. You have a government pension. Then you retire and get a private industry job for 5 years to qualify for Social Security. Reagan passed this law and it was a good one. We are supposed to be SAVING the SS system, not burdening it more.
They did not pay into it
It isn't a savings plan where you get an allowance. It is a guaranteed service for citizens whom paid into it that upon reaching 'retirement age' no American will be destitute. It's not going to make anyone rich but many can live off of it and the free Medicare to those same individuals. You'll look into it more as you get closer to it.
Simple
@@paisley1134not true. Many of us have had careers before or after education.
If you paid in, you get. If you didn't, you don't.
Exactly
Proportionate to what they paid in. Not a minimum meant for people who don't have anything else.
@@Bill-im6ntIf someone has a 401k that they paid into, should they get a reduced social security?
@@Po1itica11yNcorrect There is a cap to what a person can 'make' while receiving benefits to qualify for the full amount. Anything made over that amount is taken away from the benefit until surpassed, whereas no benefit will be paid. It's more like copay insurance than an allowance.
@@Po1itica11yNcorrect No you would have paid into social security. The Military does both. Thats because the pensions for the miitary is so low, compared to working in the private sector.
They need to give the elderly free health care like those on SSI. They also need to raise the amount because NOBODY can live on 1,200 a month. And why penalize people for being married by taking half of the wife's SS away from her while her husband lives? These people built and took care of this country . Treat them right.
They no longer want us elderly to live so long so giving the worst health care when you need it the most is in the cards. I'm lucky that I qualify for Medi-Cal and I can also have my Medicare so CA did something right.
Especially after Bidenomics, nobody most certainly can’t live on $1200 a month.
Hell I don't even get as much as My sister IN law AND she worked 3 months HER entire life! She's 71 and I'M 69 ! I busted my a-s for this!😮
I only get $933.00 Ponzi Scheme....1st job a 14. Underpaid most of my life.
Being on SSI doesn't give you "free" healthcare.
Medicare is not SSI and is sure as heck isn't "free".
I paid in 25 years in to SS but I only get 60% because I receive the pension from another job. Just because I worked 2 jobs the government has no right to cut my benefits.
Penalizing people who work hard.
@@willieverusethis It's not penalizing. If one doesn't pay into SS because their public employer already provides a pension then their benefits are adjusted accordingly. This mostly affects a worker who worked multiple jobs that paid into SS but had a public employer who did not. It also affects the spouse who collects SS. This is called the Windfall Elimination Program (WEP). I'm surprised the news didn't go into this.
Bit they do 😢
It's a rip off.The federal government does not want you to have all your money. If you have a pension and social security, they do a formula where they take 50% of 55% of your pension or your social security i Louisiana, they do a formula, whatever comes out the most, that's what you get most of the time. You only receive $100200 of social security. If you have 40 quarters, if you don't have 40 quarters, you, you don't get social security. If all of your work has been in the state and you never worked anywhere else, then you all to receive retirement. Hopefully, it's the minimum salary to live on. Other than that, you can apply for ssi. It's a such supplemental security income to come up to the minimum standard living
Should someone who paid in for 25 years of part time work? get the same as someone who paid in for a full time job for forty eight years
Its called the Windfall Elimination. All who paid into Social Security SHOULD GET IT!
Your Social Security benefit might be reduced if you get a pension from an employer who wasn’t required to withhold Social Security taxes. This reduction is called the “Windfall Elimination Provision” (WEP). It most commonly affects government work or work in other countries.
You won't have this reduction if you paid Social Security taxes for 30 years on enough work outside your pension-earning job(s). See a WEP chart that shows how years of Substantial Earnings can change your reduction (PDF).
"...and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, 'cause they own this fucking place. It's a big club, and you ain’t in it. You and I are not in the big club." ~George Carlin
No, they will not get it all, because WE DO NOT GIVE UP. Check out/spread the word/join with Social Security Works, a quality group of everyday people.
“It’s called the American dream because you have to be asleep to believe it”. Same person
Oh just stop with the fear porn. That is not true. If you paid in, you'll get it. End of story.
aaaaaaaaaaaaaaaaaaaaaa men miss that man !!!!!👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾
George Carlin was as toxic as my drunk uncle. Always raging.
If you didn't pay taxes towards your SS you have no right to collect SS period.
Exactly! But what does that have to do with the video? Did you even watch it?
In most cases they don't pay in, they are on separate pensions, they use to call it double dipping. Also in most states they pay No or reduced property taxes.
Yes, that's right, the people that want to raise your property tax don't pay any.
These people did pay toward ss by working a second job!!!! They take part of your benefit that you worked and paid into.
what about illegal aliens?
If you don't pay into SS you don't get SS 😉
The whole point of the government workers is they got government pensions and yes if they paid in to Social Security at some point in their lives and met the requirements of having enough credits they should get their social security but only what they put in to it. Anna In Ohio
No. They opted out of SS for most of their lives in exchange for a government pension. Then they work a minimum of years for a minimum SS benefit which is much more than is proportional to the time worked. That was a good law that was revoked. Reagan passed it.
@@heatherhall7899not true in my case. I was about half of my career life outside of education and half inside. I also had to pay into social security during all my extra jobs while also teaching.
@@heatherhall7899 Reagan passed it AFTER he and Nancy received their Social Security.
You're assuming government workers get pensions.... that's not accurate.
@@heatherhall7899, NO, we weren't given an option to opt out. Where did get your information from??
It's nothing to debate about. Give people their money. They paid into the system, and it's owed to them!
There is stuff to debate about bc the politicians spend the money they paid in, so we have to figure out where the money is going to come from
What they aren't saying out loud clearly is that career politicians that hasn't had to pay into Social Security will receive a higher portion than the average American worker when they retire on top of their public office retirement plans. In other words they are somehow entitled a lot more than we are even though we have paid in our entire adult working lives and it's BS..
Not true.
They are a tiny minority of the people affected by the law. That's how the law was sold to us: we would stick it to the politicians double-dipping. Instead the law hurts people who went into teaching late in life, or got a job in a public sector after years of working in the private sector. It also docks the most money from the lowest income people.
No
Raise it for everyone!! It's way too low
yeah, half my rent will go to a decent apartment, if I don't it's a efficiency and that is way too small. You feel like you are in a one room cabin. Maybe some could live in those tiny little matchboxes sized buildings. Like it would be pallets. They need to raise the COLA to match inflation better
Exactly. Most are living below the federal poverty level.
Exactly
If you paid into SS and a Pension while in Public Service you can collect a full SS retirement benefit. Many Public Service employees opted out of SS to avoid paying into both. SS currently prorates for those who did not pay into. To give those who opted out of SS retirement system is not fair to those who paid into both SS and a Pension during their career.
Exactly correct.
YES, facts. (I paid into both. )
CSRS employees are not allowed to pay for Social Security. CSRS is the old retirement system. It is no longer available for current federal employees.
@@Sandra-b1r6k We are the people who are caught in this Regan BS and nobody understands. I can tell from the replys.
some people worked at other jobs before and did contribute to the ss, they should be able to collect their social security they put in for those jobs
TAKE CARE OF AMERICANS FIRST!!!!!!
Yeah
Yall voted for this! Republicans already have control of the house, just wait till they have ALL of all 3 😂😂
@@HumbleAstronautyeah when they have all three maybe some sense will return to this country.
@@robjossick7380 Then you'll be happy when Der Führer Donny & the Fourth Reich end SSI, Medicare, Medicaid, and ACA, right? I mean, Reicht?
@@HumbleAstronautare you a defund the police person?
As a retired Texas teacher who has her SS benefits reduced because of WEP, I'm super excited to see movement toward its repeal. I had 14 years of employment in the private sector before I began my teaching career at age 30. I deserve every SS benefit I earned from age 16 to 30. It's not much...wouldn't even cover our monthly grocery bill, but I'd still like to have it. Especially since I have to pay for our Medicare Advantage plan out of my teacher retirement check as well as pay my Parts A & B out of my SS. I think my SS net is right at $108 a month. I appreciate Congress addressing this.
Me too. I get a whole $74 a month for all the years I paid into Social Security. The naysayers have no clue. We paid in for our full 40 quarters just like everyone else, but we receive reduced SS. That's what public service gets you.
@@caroleanne8529 Boohoo, if you were a great teacher you'd be working at a private school.
The issue is that SSA benefits are a progressive benefit program. This means someone with a (FRA 2025) AIME of $1000 will receive $900 a month in benefits while someone with AIME of $5000 will receive $2311 per month. In this example most people will have paid 5x while only getting 2.56x the benefits. That is also not fair
@@codebloke2200and how will we pay for them receiving money they didn’t contribute to? Plus we need a raise then in all fairness.
@@sailingwiththegods538 There are more public schools than private. Besides, there are no private schools in rural areas where we were needed and appreciated.
When ever our Goverment passes a bill it always means the exact opposite of the name! If you dont pay into Solcial Security you should not be entitled to any!
my thoughts too if they call it fairness they have a different defintion of it then you and I. it is a convient way to screw you over. to them it is not fair you worked hard made alot of money and others did ot, they deserve it too despite not working or paying into it, they have a warped view of fairness.
Even if you did pay into it, the money us gone! I’m sick of the wealthiest generation always demanding my generation, millennials, foot the bill for their extravagance.
@@CMM726 why are you mad at the people who paid into it, it is not like they stole it government did, stop supporting a corrupt government, by thinking they are going to solve these problems they are the problem.
They did pay into Social Security!
I worked and was fully vested in Soc. Sec. BEFORE I worked for the city. I had accrued all of my quarters. Then I went to work for the city and put in 26 years there and contributed to my pension. THEN when I retired, my Soc. Sec. was cut to 1/3 due to a clause that came into affect after I was already vested. It is called Windfall Elimination. I followed all the rules, worked since I was 14, then was screwed out of my share.
Yes, as many of us are.
shoulda been a teamster in the midwest, we bailed out their pension system for $36 Billion about 3 years ago.
If you don't pay. You should not and never get any of Social Security. But then again, some people in this country doesn't get a fair shake in this country .
I agree, but what you said has nothing to do with this bill.
Exactly, why should our tax dollars go to people who had most of their to save their money
Help 😮
What this is is for people who worked a second job that qualified them for SS and also worked in a non SS job that had a separate plan. They were taxed but did not get SS. It was called the windfall elimination act.
Are you saying people with disabilities shouldn't get SS? A lot of them do, it's called SSI. They haven't paid in or haven't paid a lot in, are you saying people with actual, real disabilities shouldn't get this vital help? If you are, that's fine, just makes you a pretty crappy person, own it if so.
This is about people that paid into social security and a pension. Social security payments are based on what you paid in, your top 35 years. If you paid into a pension for say 20 years and social security payments for 24 years, then when your payments are tabulated you would have 11 years where your contribution was 0. That is going to reduce your monthly stipend. That is reasonable. But they are double penalizing people, by now taking another portion , as much as 60%, of the already reduced amount.
So, if they paid into the system, they should get the percentage of what they paid in...if you pay in 100%, you get 100%; if you paid no social security taxes, sorry.
What about those of us with no retirement that worked our body to breaking point on a assembly line and gets a piddly $805
Need more money 💰 🤑 💸
Be thankful for that $805.....This world doesn't OWE you anything!
@@kendallevans4079they worked for it and paid into the system. The illegals are getting money 💰 from social security which they never paid onto. Our country treats it's citizens very poorly
@@kendallevans4079Yes, it does. You force people to exist, you provide for them. You sure think the billionaires need more money.
@@kendallevans4079I agree, except for the fact he paid into social security
If you paid into social security you should absolutely receive that money when you're able to get them. Insanity.
I couldn't get disability until I sold everything I had. I had to sell everything. I could not have money in my bank account.
Exactly y I’m not getting on ss anytime soon
Yeah no assets. you have to live poor. You eke by.
Are you on ssi?
😲...damn shame!..but the ukranians that came here when that war started, got it immediatedly and didn't put a near dime in anything. And if you do get SSI, you can't even have over $2000 in your bank account. I guess you gotta put it in your damn mattress or safe.
Come to CA. Out here it's not what you have, it's what you have coming in, that's why people with money can still get Medi-Cal and EBT.
Why do I get the feeling I will end up paying more taxes.
Wah
Because this move depleted the SS Trust Fund even more and makes SS even more unstable and underfunded. These are people who exchanged the right to SS for a government pension and then worked a couple of years to try to get a SS benefit that is disproportionally high based on time worked because there is a SS minimum payment.
Ask Ukraine
@heatherhall7899 If they're not going to get a social security payout, then they shouldn't have to pay into social security. You're frowning on the fact that these people are possibly going to get back a portion of what they paid in.
Our taxes won't pay for this because this is federal funded money - they will just get richer while the rest of us get poorer.
Does that mean that Congress and the House of Representatives will get social security and nothing else? Cuz that would be wonderful
They pay into the same retirement system as every other federal employee
Shoutout to all of us paying in who will never see a penny of this money.
I've been hearing that since the 70s. The only way you won't see a penny is if the younger ones don't get to work and start paying in.
@@midnighthour733 in the 70s they didnt have illegals pouring in by the millions and we didnt give them free housing, cash assistance, medical, and more.
Don't they get monthly pension from a better funded system than I get from my pensions.
Yes, that is why they don't get full SS benefits. They were exempted from SS in exchange for a government pension.
Whe nthey wqs young theey didn't care about their future or even planned, now that their older the yhave regrets.
@@heatherhall7899They're not exempted from paying INTO social security. Some pay into both a pension AND social security, working two jobs simultaneously for decades.
NOT ALL mostly CITY funded or private funded by investing RURAL never got squat
No. The people most hurt by this are those who paid in to Social Security for much of their lives before getting a poorly paid substitute or adjunct teaching job.
BS if you didn't pay in to the system. Then you shouldn't receive any benefits.
I did pay in for over 12 years, but I am entitled to only about 1/3 of what I should receive because I paid into a pension account after working in the private sector.
If they paid, they should recieve!
The limit on very high earners should be lifted.
If they didn't pay into social security why should they get a check? If they did work part time and pay a little into s.s. and they didn't make enough to qualify for a s.s. check that's too bad. I thought that's what their pensions were for! I started working late in life because of a divorce. My ex always wanted me home with the kids, so I didn't make a lot from the time I stated working til I retired so my benefits when I retired were less than $1,000 a month. I barely make over that now! Many seniors who live on S.S. alone will get a big cut when the money starts running out but these people will continue to get their pensions from the government. This is b.s.!
That's a neat story. What about those that worked two FULL TIME jobs for decades and contributed to both a pension and bi-weekly social security taxes? You're saying that even though they paid into both, they shouldn't get both.
Look at it another way. Someone paid into social security but also contributed a portion of their paychecks to a 401k over the years. Because they have a 401k, should they have their 401k stolen from them? THAT'S what you're suggesting for those who contributed to both social security and a pension.
You are entitled to spousal benefits from your ex but he has to file for his first
They did. This only applies to people who had other jobs (ss) as well.
I am working in government full-time and part time in other place. I pay into pension fund and also pays SS. Should I not receive check from SS when I am 67?
If the average family makes 110k a year then 40 isn't enough for seniors to live on
It's sad when seniors only (18) Dollar in food Stamps.....but people have multiple kids get more.....Sad
Sucks even worse when migrants are given more
Hard to make ones self useful when no one wants you
Single moms get a whole lot more; housing, welfare check, child support, Medicaid...just to name a few
@@tdgdbs1let's not spread lies of "a whole lot more". White women definitely do but not all mothers get more. I know people who have had multiple children not getting enough even though they don't make enough from working. And if they are approved it's not like they always get to keep it or the amount you're approved for fluctuates.
Illegals get more than any American citizen!
If you didn't pay into social security, you should not get it when you retire.
Duh , that’s not what this is about , watch the video . This is about not getting what you paid into Social Security and the money you paid into retirement.
if you paid in, you should be paid out...PERIOD....if you didn't pay in, you should get 0....PERIOD.
The question is, did these folks pay the SSI/Medicare taxes the rest of us paid?
Yes.
Yes, we did.
SS needs to be shored up, and the "borrowed" money from our fund returned into it.
The elderly and disabled are still waiting for Congress to pass a bill to increase Social Security amounts to something livable!
People never worked in USA is getting $938 plus free medicaid from SSI. And average SS american who worked and paid 20 years has only $1300 minus $174 for medicare!!! Itis a FAIR????
Stop the money going to other countries,and then all Americans could live with dignity. Why put foreign people ahead of Americans?
Thank you… This is a start. Now make it nationwide
If they did not contribute to SS they cannot draw SS!
Good luck getting it through the Senate. Going to need all the luck you can get.
I’m a widow that depends on SS. It’s my money, the government needs to keep their fingers off it. Don’t mess with my benefits.
I'm a retired laborer Local 159 and 447 of Illinois and I paid Social Security out of every weekly paycheck and I think and know this is a travesty😢
How could this report miss the most important information.
They're trying to pass this bill before Donald Trump gets in office to interfere with Social Security benefits.
It won't stop him, but it will help.
Yes I trust my president Trump
If you paid into Social Security, you should get it at retirement age. However, there are many cases where no SS taxes were paid due to school districts opting out. Those employees who never paid into the system should NOT be allowed to receive it. It’s simply a matter of fairness. Opting out, then wanting the benefit that others paid for, is wrong.
Y they only raising it for only them, what about we the hard working people who don’t make millions?,🤬
How can you pay them when you did not contribute?
Did you know that Federal pensions dwarf Social Security?
We get that social security taken from our paychecks every single pay check. Over the course of a year its a substantial amount being taken. All money paid in should be returned to the payees paying in. Not just a percentage. I for one do not need the government holding onto mine. I can invest it myself better than government ever could.
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings to fall back on.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
Yep. it is. Even if you have a 401k or IRA, it is still tough to get by.
❤😂😂
The thing is, social security was not meant to be a sole source of income to live on. It was meant to help in the event of the loss of the family breadwinner. You were supposed to plan for your retirement and save accordingly. It is so unrealistic to expect SS to sustain you.
Social security shouldn't be taxed at all!
Like police pensions aren't enough?
I believe that 2000 a month for everyone will be great
No it's not great. Trust me.
ummm...I know fire fighters that pay into another retirement account that's even better than SS and don't pay a payroll tax at all...They should not be getting SS...Makes zero sense for them to get SS and I'm a Republican. Speaking of wasteful spending...
What a scam
If the House calls a bill, something something fairness act, you better believe that there is nothing fair about it. Read every word with a fine tooth comb. Find the lie.
Typical congress. Social Security will become insolvent in 2034, but, hey, let's sign up more workers into a system that is ready to collapse (I am a financial planner, so I am very familiar with all retirement plans).
I wish social security and medicare were more its hard living on it
😂😂😂😂
I worked from 16 to 33 and paid into social security. I became a municipal employee and then retired. My social security payment should have been 1000 a month at 62, instead I get 480 a month.
You 62 your full benefits kick in at 65. You retired early sir.
You should have paid in more, and collected at 67
Exactly. You were ripped off.
That’s very bad
@@willieverusethisyeah
End the 1998 "Round Down" of social security payments. I want the backpay I've been robbed of.
with interest!
The teachers, police, firefighters and municipal employees NEEDED TO PAY their FICA Taxes…they didn’t!!!!!
Not true.
This applies to people who had another job before, after or during their teaching etc job.
Not necessarily. Many opted out to avoid having an extra 6% payroll deduction. If they paid into both they collect both.
If they worked a 2nd job that had sufficient FICA $ withdrawn, they deserve to get that SS $.
Not true
A friend worked for the Atlanta fire dept. He said they didn't pay Social Security taxes, the money instead went into a city operated retirement fund.
Is that legal?
@@eowingfield That is how many municipal pension funds work.
That’s highway robbery of our money!!!!!
I'm a retired teacher. I paid into Social Security for many years through a second job but don't get my full benefits because of a law passed when Reagan was president that penalizes public servants who are eligible to get both a pension and SS. The penalty is about 80% of the Social Security benefits I EARNED. I have enough credits to qualify and receive only 20% of what I would if this penalty law didn't exist.
You didn’t pay into it from your teachers salary. You get a pension from a teachers retirement fund. You didn’t pay much into ss from a second job and you shouldn’t get much from it. Quit demanding what you don’t deserve.
@bidencrimefamilymottof-cky953 wow! Shut up and eat your checkers!
If they didn’t pay into it, they don’t get anything out of it!! Doesn’t matter what they were paid!
I broke my neck in 2018, it was insane how difficult it was to get social security. Yet obese people and alcoholics get it no problem
I see why some wanted this Act to pass, but it's not the right move. Social Security needs to be revamped and improved all the way around. Now, with the passing of this act, EVERYONE who is, and will receive SS benefits of any kind from here on out will receive far less, causing most all to suffer even more than they already are. MANY, many seniors, disabled and vets living on SS have been receiving income far below the poverty level. They have been losing their homes, unable to pay their power bills, and starving for years now. This will only be worse now. THE SS SYSTEM NEEDS REVAMPING AND FUNDING!! STOP SENDING OUR MONEY TO UKRAINE AND OTHER COUNTRIES. STOP THE WASTEFUL GOVT SPENDING!!! OUR PEOPLE ARE DYING!!
We don’t send money to Ukraine. We send expiring weapons and equipment that is replaced by the current defense budget. Educate yourself. You really think we’re sending cash money to them?
@jdocean1 don't call the other person you're arguing with uneducated when you are the person who needs to do your homework! Yes, we are even paying pensions for the corrupt higher ups in Ukraine! Have you not seen Zelensky's yachts and mansions?
@@vickyfellers7046 stay on subject we are not taking about Ukraine
@@jdocean1 we are not talking about Ukraine stay on subject
If you paid on to it you should get every dime back
I wish they would get every dime back, but the government boys take what they think their share of taxes are.
Police are EXTREMELY well paid. Their pensions are excellent. The reason people got excellent public pensions was they traded their SS for the pension. Now they get to collect both? That doesn't make sense. Who is going to pay for the shortfall on funding those pensions?
It only applies to people who in fact paid into SS
Who will pay? You guessed it; the rest of us.
Maybe they should crack down on the SSI scammers who probably never worked a day in their life, and those who snuck into the country.
Taxing SS = ♻💵
If you pay into Social Security, you should be entitled to it, no matter what occupation you worked.
Ronald Reagan signed this in 1983. Republican hero.
Yeah 😂
And then right after pilfered from it to help fund his Star Wars project. He was a liar and a criminal. Hero my butt.
i worked and paid in social security and worked for the rr and paid in rr retirement, i cant get both... why do they
😂😂😂😂
With the amount rent and housing is, it’s still way too low.
That's why we elected Trump. Hope of fixing things.
Tax the rich and increase SS
Congress need to help all people on ss
People who serve the people, don’t get that much! They paid into social security, they better get their FAIR SHARE.
Most public servants will lose about 2/3 of what they should be able to draw. Very frustrating!
I hope Trump find out why the social security program’s total cost exceeded its total income.
Are we paying an incompetent to manage our social security fund?
It isn’t fair that citizens always have to pay the price for the mistakes created by the government
You should read up a bit on how the government creates money.
Nothing happened to the money, it's all there. The problem comes when people start working full time at a later age or not work at all. It creates gaps but nobody stole it. There are great articles that explain it all and exactly how the US Treasury invests it and such so just google it.
@@willieverusethis Bonds
gov is exempt for the liability for the laws and polices they pass which means they have no skin in the game, so they dont care what laws they pass they are exempt. it is criminal.
true you pay you get
Social Security Fairness Act ... Thanks to House Rep. Garret Graves (R) 🙏🙏🙏
If you paid into it, you should get it back.
In 15 states, teachers and other public employees don't pay into Social Security. Problem solved.
😂😂
Unfortunately not all of us were financially literate early. I was 25 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net
worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now l'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling.,,
Wow that's huge, how do you earn that much? I'm 37 years old and I've been looking for ways to be successful, please how??
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Athough I have watched a lot of TH-cam videos about it but I still find it hard to understand
I thank Angela Phyllis Martins who has always been there to help me with detailed analysis and recommendations that I would not have had access to otherwise.
$510k and yet still counting on. Angela Phyllis is the kind of person one needs in his or her life to be honest
YES! That is exactly her name (Angela Phyllis Martins ). I saw her interview on CNN News and so many people highly recommended her and her trading skills.
Uh.... The only folks that don't get SS are those that did NOT out into SS.
If they did contribute, they should get a proportionate amount.
Yeah
WTF?!! If we put into the pot, we take from the pot. That’s crazy they had to fight for that
If you pay in, you should be able to cash out based on what you paid.
Thanks from a retired teacher with additional work to gain my 40 quarters. Due to WEP and other disqualifications. SS pays for my Medicare parts a and b. There is less than 125.00 left for me. I got my 40 quarters, though. Little pay for those quarters.
I think the reason that their SS payments are reduced is that during their employment, they are NOT paying FICA or Medicare because they pay into the alternate pension system INSTEAD of paying into Social Security. I experienced this during my State employment.
Why are Nurses never considered? We truly work with your life in our hands! And your childrens lives.
Considered for what?
THATS GREAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MOST OF US ARE NOT MILLIONARS WE DEPEND ON ALL WE CAN RECIEVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!