Public workers rejoice as Social Security Fairness Act promises long-awaited relief

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  • Опубликовано: 24 дек 2024

Комментарии •

  • @jmartin015
    @jmartin015 5 часов назад +4

    If you paid into SS you should get a pmnt consistent with the amount you paid regardless of who you worked for…

  • @edwardadams7408
    @edwardadams7408 12 часов назад +17

    27 year firefighter with a small city pension. Paid social security for 32 years. They reduce my social security benefits by 50%. I only get $530 per month. My city pension is only 1500 per month. We were treated like second class citizens by the government. Some people think that we retired with big government pension. Don't believe everything that you hear.

    • @Lovelylite-c3m
      @Lovelylite-c3m 10 часов назад +1

      And immigrants getting $3000 in Food Stamps 🥴

    • @edwardadams7408
      @edwardadams7408 10 часов назад

      @Lovelylite-c3m In New York City, they were getting $500 per week. Prepaid Visa cards. Free housing free transportation, free health care.

    • @jazziez6467
      @jazziez6467 9 часов назад

      well in my small town the lady across the street living on her deceased hubbys fireman pension lives like a queen, new car every other year, bought a big rv, has a boat, endless workers coming to her house, lawn care, you name it she's got it.

    • @pamm99
      @pamm99 9 часов назад +1

      @@jazziez6467 and you don't know how they managed their money. Sounds like they planned pretty well!

    • @MaStan60
      @MaStan60 9 часов назад

      @@edwardadams7408🤬

  • @captndtowboat9643
    @captndtowboat9643 7 часов назад +5

    Do away with government pensions. Put everyone into the social security program.

  • @allenmccoy7656
    @allenmccoy7656 6 часов назад +3

    President Bidden has to sign the bill or we won't get the increase.
    As far as I know he has not signed it yet.

  • @mmaranta785
    @mmaranta785 4 часа назад +2

    I’m a city government worker and we pay into pensions and social security.

    • @iuhosprrt
      @iuhosprrt 2 часа назад

      I’m a hospital worker and we pay into are retirement and social security also

    • @mmaranta785
      @mmaranta785 Час назад

      @@gwizz911 True, BART Bay Area Rapid Transit, employees don’t pay into social security but I wonder if they invest that money what would their returns be?

  • @caroljohnson6373
    @caroljohnson6373 12 часов назад +6

    It about time

  • @tommypauly3249
    @tommypauly3249 7 часов назад +3

    I will believe when i see it!😡

  • @rumbaann
    @rumbaann 7 часов назад +1

    Some of my public co workers only received over 200 dollars per month on SSA

  • @flatbedlandon1942
    @flatbedlandon1942 11 часов назад +5

    The poor get poorer

    • @JM-pk4zg
      @JM-pk4zg 6 часов назад

      That’s what the government wants. When you get on ss they hope you die so they can spend our hard earn money. They want us to live like magnets. They think they will live forever NOT. Hell doesn’t eve. Want them when God comes like a thief in the night they will answer to their greed.

  • @iknownothing5855
    @iknownothing5855 6 часов назад +1

    No rejoicing,
    Many factors at play
    You can thank me for giving up my earned social security benefit by mandate for you

  • @natenate2536
    @natenate2536 9 часов назад +7

    What about the others, ssi recipients, the one's that are not government workers, that's bullshit, I'm probably going to get maybe a 25.00 increase, they can keep it or shove it

    • @DannyWalker247
      @DannyWalker247 7 часов назад

      What is bs about this? They are fixing this for people who have been getting ripped off.

    • @iuhosprrt
      @iuhosprrt 2 часа назад +2

      @@DannyWalker247and you don’t think were getting ripped off I’m 72 years old and been paying into SS since I was 16. I’m still working and paying taxes in SS we don’t get the full allowment of what we get each month due to we have to pay taxes on that. That’s double taxing. That’s BS

    • @preppingforendtimessurviva6326
      @preppingforendtimessurviva6326 2 часа назад +1

      If you didn’t earn it , you’re not eligible.

    • @natenate2536
      @natenate2536 Час назад

      @preppingforendtimessurviva6326 excuse me,I worked for 50 year ,40 to 50 hours a week ,paid into ssi forever but not in a government job,now do you understand where I'm coming from son

  • @davidthompson6636
    @davidthompson6636 11 часов назад +4

    The previous adjustment was based on the fact that the Public Employee pensions were in part funded by taxpayers.
    Taxpayers, not private employers.
    That was the thought.
    So, Public Employees can now benefit from taxpayer subsidized pension funds and SSI accounts to which they contributed only 1/2 the amount a private employee’s account was credited (the other 1/2 being the required match from the private employer - this match often meaning there was no money for raises)
    Got that?
    Public employees are now a little more than equitable than the despised private sector.

    • @edwardadams7408
      @edwardadams7408 11 часов назад

      @@davidthompson6636 Private pensions by a employer is paid for by the consumer. 1/2 of public pensions was paid for by the taxpayers. If both private and public employees pay social security, they both should receive 100% benefit.

    • @pamm99
      @pamm99 11 часов назад

      My salary as a teacher was paid for by taxpayers, so what’s the difference?

    • @Zenem58
      @Zenem58 11 часов назад +2

      Public employees are taxpayers as well. Public pension funds are funded by the governments that offer those funds (employer contributions), by investments and employee contributions. The WEP reduced the amount my benefit CALCULATED BY SSA, by almost $400. I paid into SS for 25 years and worked in a school for 10. We are only now going to get what we paid in, nothing more.

  • @DannyWalker247
    @DannyWalker247 7 часов назад +4

    Why do all of these people in the comments think they have a dog in this fight? It is only about the people who have been getting ripped off by these stupid rules they put into effect over 40 years ago. I for one am happy they fixed this. They should be paying these people for every year they got screwed not just back one year.

  • @HowardCollins-f6c
    @HowardCollins-f6c 12 часов назад +6

    Nothing fair about giving more money to those that have the most and doing nothing for the ones who have to live with almost nothing how's that fair at all

    • @pamm99
      @pamm99 11 часов назад +2

      There are plenty of people who this affects who are not doing well. Many are in their 80s and still working because of the theft of their hard earned benefits! They are entitled to this stolen money!

  • @normanklature6014
    @normanklature6014 11 часов назад +7

    So government employees get to double dip now, so what else is new. If they were over charged unfairly, just refund the damn money that’s it. But nobody gets to double dip. Social security, army, post office, general services, etc, are government agency’s, pick one check as retirement. I have a worthless brother who is a double dipper, army & post office, his pension from both are over &10,000.00 per month & he was a flunky working the system, but the crooked bastard has boats, motor cycles, motor homes, trips, free travel, etc. he was a good for nothing hustler, like what the government did to hurricane Helene victims who sleep warm at nights with a FULL belly, pathetic, absolutely pathetic.

    • @pamm99
      @pamm99 11 часов назад +3

      It’s not double dipping. We paid into two DIFFERENT funds: SS and pension. We are entitled to money from both, different funds.

    • @watashiinternational6850
      @watashiinternational6850 5 часов назад

      He ain’t too worthless if he was able to maintain 2 good paying jobs for years and retire from them.

    • @daveh2814
      @daveh2814 5 часов назад

      Sounds like you need to take out your frustrations on your brother. So you'd favor a law that says people with a public service pension don't have to pay SS tax on a second job? Cut me the check! I'll put it straight into an investment account. But that option would bankrupt SS almost overnight. The problem with WEP is it penalizes secretaries that can't live on their retirement and executives that can, the same. It's a percent based on time in, not how much income you got from another pension. That's why even the opponents in congress acknowledged that it was unfair. The opponents simply wanted to kick the can down the road for as long as possible, in this case 6 months more in like 2033. Changes to WEP and GPO (which is awful, eliminated survivor benefits for 70% of the people it applied to) have been on the table since 2003; they've had THAT long to craft a solution based on a progressive formula that that accounts for different levels of income. So the people getting screwed all this time finally got a big enough voice to get something passed and you are mad? Maybe now the congressional types screaming about the budget (and their constituents mad at their siblings) will get off their asses and craft a fair solution for everyone. I have no objection to that. But congressional laziness isn't a valid reason for me to pay an arbitrary penalty every month for as long as I live.

  • @bill6656
    @bill6656 11 часов назад +6

    Will it help those making less than $1000 per month? You are still helping only relatively wealthy people.

    • @natenate2536
      @natenate2536 9 часов назад

      Definitely

    • @daveh2814
      @daveh2814 4 часа назад

      I don't think a 75 year old making $2500/month is "relatively wealthy", and there are A LOT of those who will benefit. There was a reason it was easy to convince a large majority in both houses of congress to vote for the bill.

  • @Mack-bc4qo
    @Mack-bc4qo 8 часов назад +4

    It's NOT or NEVER been a windfall. Those benefits were earned!

    • @DannyWalker247
      @DannyWalker247 7 часов назад

      It was theft! They have been screwing over these people for years. It started during the Reagan years.

  • @robertmeyers3640
    @robertmeyers3640 12 часов назад +1

    Yep I get a 1300 a month spousal benefit on top of a 75k pension. Thank u Biden

  • @alphaomega8373
    @alphaomega8373 15 часов назад +4

    You are no different that the rest, just people like to hate on federal workers, jealousy is the way I see it.

  • @davidclarence3639
    @davidclarence3639 10 часов назад

    Oh bullshit

  • @JoeBananas-e1p
    @JoeBananas-e1p 11 часов назад

    Amen,thank God we have our chance. 👮🏻‍♂️🙏

  • @michaelderogatis4658
    @michaelderogatis4658 10 часов назад +2

    What about your pension that you get every month????

    • @jchu1999
      @jchu1999 10 часов назад +3

      What he gets for pension is none of your business. He earned his pension and if he paid into SS, then he’s entitled to 100% just like you.

    • @SissyPeak-kq6vi
      @SissyPeak-kq6vi 7 часов назад

      What about it.This is money they unlawfully took from their SS amount.They are not getting anything for free, they Paid enough into SS to draw the full amount but the government took 40 to 60% of the amount.

    • @jchu1999
      @jchu1999 Час назад

      @

    • @jchu1999
      @jchu1999 Час назад

      @ ​​⁠and I’m telling you, there are those (myself) who do pay into ss and were only allowed 50% bc of offset. This isn’t fair which is why it’s being appealed.

    • @gwizz911
      @gwizz911 Час назад

      @@jchu1999 I get two government pensions and full SS without an offset. You just have to know he law.