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valleyrogue

(1,184 posts)
5. It took over a decade, but it finally happened.
Sat Dec 21, 2024, 12:38 AM
Yesterday

Last edited Sat Dec 21, 2024, 02:40 AM - Edit history (1)

The WEP in particular was outright theft of earned benefits from those of us who worked in state government agencies that didn't pay into SS, no matter how small the state pension amount. I got $120 deducted off my SS benefit when I took SS early at age 62 in 2017. This was about a third of my dinky Nevada pension of $341. The "reasoning" behind such a capricious penalty was the idea that public employees have "big pensions." Never mind anybody with a "big pension" would never earn enough quarters to even qualify for SS in the first place. It was those of us in the middle, who worked in midlife in non-SS covered employment but didn't work 30 years in "substantial earnings" employment not to be docked with this penalty. And having to pay Medicare Part B made my total loss per month $300 bucks. However, it will be nice to get that $120 per month back.

Recommendations

8 members have recommended this reply (displayed in chronological order):

Mazel tov! Drum Yesterday #1
And Musk is ready with his "DOGE" scissors question everything Yesterday #2
Not happening. n/t valleyrogue Yesterday #3
To see how many people will want to Luigi him dalton99a Yesterday #8
I am so happy! This has affected me since I retired in 2017. A Brand New World Yesterday #4
Very similar to me madville 17 hrs ago #16
It took over a decade, but it finally happened. valleyrogue Yesterday #5
+1. It is a horrible injustice that keeps some retirees in abject poverty dalton99a Yesterday #6
Yay!!! Great news!! I didn't know what the bill was. LeftInTX Yesterday #7
Thank you to the Senate and to President Joseph Biden. sheshe2 Yesterday #9
This kind of bipartisanship is the way it is supposed to be. That is the way it USED to be valleyrogue Yesterday #10
I can't tell you how happy I am right now. sheshe2 Yesterday #11
so, passed in both houses?" MadameButterfly 22 hrs ago #12
It is on Biden's desk dalton99a 18 hrs ago #14
Yes. It passed both houses overwhelmingly. President Biden will sign it. n/t valleyrogue 17 hrs ago #17
When does this go into effect? senseandsensibility 13 hrs ago #34
Retroactive to January 2024 dalton99a 6 hrs ago #36
Why were some government employees exempted from SS in the first place ? MichMan 18 hrs ago #13
Our pension is better than SS madville 17 hrs ago #15
Rules for thee, but not for me. MichMan 17 hrs ago #18
It's not an "opt out" madville 17 hrs ago #19
Not Sure How It Got Started - I Paid 10% Each Check To Teacher Retirement System alcuno 12 hrs ago #35
But if you never worked a Public Government job, ALL you get is just SS. They used to call that Double Dipping. mackdaddy 16 hrs ago #20
Yes, I remember the frenzy about "double-dipping" pensioners back then RandomNumbers 16 hrs ago #21
Collecting a pension and getting Social Security is NOT "double dipping." That was a right-wing LIE peddled years ago. valleyrogue 14 hrs ago #22
Thanks for that background RandomNumbers 13 hrs ago #30
This was truly bipartisan legislation. valleyrogue 13 hrs ago #31
Completely untrue. valleyrogue 14 hrs ago #24
You ARE saying that anyone who paid into SS shouldn't get the benefits they earned, although you probably don't mean to. HeartachesNhangovers 14 hrs ago #26
The thing is most of those who make the "big pensions" wouldn't qualify for SS in the first place. valleyrogue 13 hrs ago #27
Does this pave the way to drop public employee pension plans? leftstreet 14 hrs ago #23
No. n/t valleyrogue 14 hrs ago #25
Good. Because anything our overlords label a "Fairness" Act.... leftstreet 13 hrs ago #28
It IS a "Fairness Act." This was bipartisan legislation of the best sort. valleyrogue 13 hrs ago #29
Right, got it leftstreet 13 hrs ago #32
Only 20 GOP senators voted against repeal. valleyrogue 13 hrs ago #33
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