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Valued Social Butterfly
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Re: TO PRESERVE SOCIAL SECURITY

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Message 41 of 74

@mandm84

 

Pensions should be considered delayed compensation, whether under public, military or private employment.  All employers who have them consider pensions to be part of the cost of employment.  

 

So instead of getting a bigger paycheck while working, the worker elects to have someone else make their money grow and thus defers part of their paycheck until they retire.

 

Basically Social Security contributions are the same, it is the W-2 employees money, including the employers match.  The exception here is that the contributions are used almost primarily to pay the benefits of those who are already doing their drawing.  And there are a whole lot of those drawers (beneficiaries) in comparison to the current contributors.

 

Better economic conditions of the country (more people working and making contributions) should help this off-balance a little, maybe a lot.  But not enough to fix the financial off balance between what is going out and what is coming in.

 

 

 

 

* * * * It's Always Something . . . Roseanne Roseannadanna
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Valued Social Butterfly
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Re: TO PRESERVE SOCIAL SECURITY

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Message 42 of 74

 Many Government Pensions were Non Contributory , which means Tax Payer Funded. More recent Tier's of Gov't Pensions added a 3% Worker Contribution. Even that 3% invested in the market , during the Gov't Workers career of 25-30 years , wouldn't gain enough to cover the cost of the Pension's that pay the retired worker 50% - 75% of their last salary for life with COLA"s. Just do the math. 

 Sure they worked and earned it , but don't forget to thank the Tax Payers who pitched in greatly. When those Tax Payers are struggling have their backs as well and stop calling them Socialist Liberals because they fight to Preserve Social Security by raising the Cap.

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Valued Social Butterfly
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Re: TO PRESERVE SOCIAL SECURITY

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Message 43 of 74

@mandm84wrote:

rk9152 says " Yes, Republicans have opposed and do oppose efforts to make people dependent on the government."

----------------------------------------

Like (Mostly) Tax Payer Funded Government Pensions with COLA's ???


Mand,

 

If an individual has a pension, government or otherwise, that individual had a pay-check deduction that funded all (100%) of it.  NO EXCEPTIONS.

 

That includes all SS pensions. If you think that aint true then consider this....If your SS pay-check deduction was nothing (0$),....at retirement your SS pension "check" will be nothing (0$).

 

Note:  The size of an individual's welfare check is based solely on need.  Need has absolutley nothing to do with the size of an indivual's pension check, government or private.

 

 

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Treasured Social Butterfly
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Re: TO PRESERVE SOCIAL SECURITY

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Message 44 of 74

@ManicProgressivewrote:


Derserve it or not, they are still dependent on taxpayers. 


Yes, but we earn it.  How would you like to be separated from your family for months at a time; miss your children's birthdays; serve several tours in a combat zone; all at pay scales lower than from industry?  Ever been shot at and subject to hazardous conditions for a low pay scale?  Signed a contract for x number of years in return for a retirement program.  You don't do that in private industry?

 

It is besides the point who pays the pension except for cynical liberals.

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Treasured Social Butterfly
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Re: TO PRESERVE SOCIAL SECURITY

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Message 45 of 74

@ManicProgressivewrote:


So you are asking for a handout even if you don’t need one? I thought conservatives were against that.


The post was meant in jest.  No, I have several industrial pensions besides from the miliary plus social security.  I've actually retired from several different places.  Actually also worked several places as a volunteer until having to quit because of medical reasons.  Not necessarily a conservative nor liberal, but my own person. 

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Re: TO PRESERVE SOCIAL SECURITY

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Message 46 of 74

@TxGrandpa2wrote:

@mandm84wrote:

Like (Mostly) Tax Payer Funded Government Pensions with COLA's ???


So you resent someone being rewarded for service to the country?  And COLA's?  You believe a government employee shouldn't enjoy retirement the same as someone from private industry?  You resent a retiree from sustaining a decent level of living? 

 

What else do you resent?  From posts it is everything.

 

 


Derserve it or not, they are still dependent on taxpayers. 

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Re: TO PRESERVE SOCIAL SECURITY

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Message 47 of 74

@TxGrandpa2wrote:

@ManicProgressivewrote:


If you are living under the federal poverty level, I’d be happy to help you out. I feel great compassion for those who cannot support themselves.


With several pensions from the military, civilian employment and social security hardly.  But I'm not against even more income.  But if you want to help the Social Security funds, you can always send your contributions to the government.


So you are asking for a handout even if you don’t need one? I thought conservatives were against that.

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Re: TO PRESERVE SOCIAL SECURITY

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Message 48 of 74

@rk9152wrote:

@ManicProgressivewrote:

@rk9152wrote:

@ManicProgressivewrote:

Well. I for one would happily pay more than my “fair share” for the benefit of the community as a whole.  I think the cap at $128,000, or whatever it is, is ridiculous. 


There are numerous charities available for individuals to do that. Why wait for it to become a government controlled action?


Who’s waiting? I give time and money to charity. Don’t you?


Then we are in agreement - help for our fellow man is an individual responsibility not to be designed as a government program.


Nope. Logic fail. Try again. 

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Re: TO PRESERVE SOCIAL SECURITY

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Message 49 of 74

@mandm84wrote:

Did I say resent ? Just call it what it is. A Perk that most dont enjoy !!!

Doesn't mean you worked any harder or are any smarter than those who don't have or lost their Pension, just that you were fortunate enough to have received a mostly tax payer funded Pension and Benefits that the Government still provides to you. 


So then you do resent it?  This pension was promised before I enlisted.  Otherwise I would have went elsewhere for a career.  Further considering the conditions we had to go through to earn that retirement wasn't the same as a civilian would face.  Besides I believe I made the smart choice at the beginning with an option to renew every four years.

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Valued Social Butterfly
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Re: TO PRESERVE SOCIAL SECURITY

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Message 50 of 74

$1,983Billion = Income BETWEEN $125,000 and $250,000

$    246Billion = +FICA collected with cap at $250,000

$   957Billion = Total revenue collected in 2017

$1,205Billion = new total collected for 2018

$   987Billiom = total outlay in 2018

$   218Billion = INCREASE in SSTF in 2019 vs projected $34B.

 

So please GOPers, show the math where this will not keep SS solvent for the indefinate future?

 

NRAGOP will not increase the cap to save the system because their owners use their SS checks for greens fees and could care less if it disappeared.

 

Since REpublicans will never allow SS to be fixed WITHOUT making the 99% work longer and collect less, the solution for saving SS is

GET RID OF THE NRAGOP IN 2018 AND EVER-AFTER!

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