SOCIAL SECURITY BREAKING NEWS:Biggest Change In Decades

[@sallythibodeaux7992]

The bill is HR 82. It is not a raise like many believe, it is based on how much money we put into Social Security and the years worked. I’m a retired LPN that worked in our states Charity Hospital System for 20+ years. I didn’t pay social security because it was mandated by our state retirement system. My starting pay was $6/hr and my ending pay was a little over $12/hr. My pension is based on that alone, no 401k or other savings. My pension is not large as so many others. Custodial and Cafeteria pay was even less. I worked for a private Healthcare system for over 10 years and paid FICA taxes like everyone else. However the amount of social security is cut by 50% due to WEP. With the passage of this bill, I will get around 65% which is a couple hundred dollars. Social security is also based on the years worked, the year you turn 62 and the age you actually retire. A lot goes into the calculation and I had to research it a lot to understand. Not everyone will get 90% of what they put into the system. It can be very confusing.

[@silveraddict875]

So they will get 90% pay in. The rest of us only 50% the unfair act.

[@teriliebmann3491]

😢

[@bsmith1794]

@@teriliebmann3491 the 50 percent is probably a lot more than the 90 percent since only low earners will get 90

[@sallythibodeaux7992]

@@bsmith1794. Yes!!!! This is correct. Thank you.

[@Swamprowdy]

I never had a pension. I paid into SS my whole life. This doesn't mean crap for millions of seniors.

[@Bob12345-o]

And you WILL NOT get a 90% rate of return like they will because their non-Social Security income IS NOT counted like ALL of your income. So you will get maybe a 50% or less return while they get a 90% return.

[@sallythibodeaux7992]

⁠Not everyone gets 90%, it’s based on many things.

[@duh...4460]

So let's see... Congress gets a raise with slight of the hand. 😮

[@Mary-tj5qx]

And now make the ultra wealthy and corporations pay a fair tax rate to pay for it.

[@alanaldpal950]

Spoken like a true lefty educated Dem. 1st of all…. Social Security is supposed to be funded by contibutions from the people that will receive a benefit. If the government would stop stealing money from the SS system as well as having it pay for millions of people that it was never intended or funded for, then it would be much more viable. The Rich pay more than their fair share of taxes, other than using “legal” loopholes given to them by politicians (mostly Dem politicians like the Clintons) to avoid paying what would be “fair”. We don’t need to raise their tax rates…. We need to eliminate most/all of their “legal” tax avoidance programs other than ones that have a direct effect on growth or helping the economy. And only a fool is unaware that taxing corporations more is 100% passed on as a tax on their customers. Any increase in corporate taxes is passed on to consumers with higher prices and INCREASED INFLATION. It is also basic, Economics 101…. That raising taxes leads to less net tax revenue, while lowering taxes leads to more tax revenue. Take a red 💊 and you will understand this 🙄

[@DSC800]

The wealthy, the top 10% pay more than half of all income tax already.

[@HelloThere-nz9ld]

The SS unfairness act.

[@chuck_in_socal]

Wake me up when they quit taxing my ss.

[@bellagirlgirl8827]

Wait till Trump & E.M. start chiseling away at what's left of SS.

[@mgtowski395]

Taxing what you already paid taxes on is crazy dishonest.

[@flippindocks8183]

"certain people" --- "certain people" --- how about EVERYONE ON SS???

[@beththemeech1341]

I never thought I’d live to see it! Finally, a bit of good news as I head towards retirement! If we paid in and earned it, we shouldn’t be penalized & lose as much as half!

[@Bellaburr123]

You are getting SSA 2.5 percent 2025

[@Kayla11113]

You also shouldn’t get 90% while the rest of us get 50%. How about you fight for the rest of us?!

[@TurtleMoonTube]

If you paid FICA the whole time, this isn't about you. WEP was for people inadvertently receiving higher RATE of SS benefits because of NOT paying FICA for part of their career. IOW, WEP corrected what was unfair. It considered employees total earnings in calculating benefits instead of calcalating benefits as if these retirees had earned much less and are poor.

[@damncars2618]

Increased SSI spending without increasing revenue is irresponsible. The system will only go broke faster.

[@RyanBerich-u1w]

Why should someone who paid into social security not have the same benefit as everyone else who paid into social security?

[@razorx999]

@@RyanBerich-u1w Because they get that pension crap. Where's mine?

[@RyanBerich-u1w]

@ it is not for the time they earned the pension. It is for the time they worked elsewhere.

[@dwisecup51]

​. I only get a reduced pension because I only worked there 20 yrs. I am retired and can't afford to pay for my insurance. Now I can. I couldn't even get widow benefits. Everyone talks like we are making huge pension. (Not)

[@RyanBerich-u1w]

@ You earned your pension and Social Security benefits. It’s about time you got both.

[@georgespangler1517]

Right,,, so again all about government,, now government employees get a raise and we don't.

[@TurtleMoonTube]

Not all government employees, only those that didn't pay FICA for part of their career. I was federal employee and paid FICA the whole time - part of newer FERS retirement program. And my govt pension is smaller because of that. But the fed employees under older CSRS system who didn't pay FICA, and who also had a FICA job long enough to get SS, will be unfairly over paid because of NOT paying FICA, and will get their big pensions. Let's call it what it is - the Social Security Unfairness Act.

[@Clashmore_Mike]

I believe that under the GPO a retired Federal Employee under the CSRS retirement system may now receive up 1/2 of their spouses monthly retirement annuity whether his or her spouse is alive or deceased

[@Sharon-t1e7f]

I believe that is correct. My guess is that a lot of retired CSRS annuitants did not even bother to apply for spousal benefits because they knew the GPO would zero out any benefit.

[@quartytypo]

Social Security needs to go up 20%/year to keep up with inflation.

[@dforrest4503]

I understand certain aspects of the WEP/GPO, but other parts were inherently unfair. I worked a second job for many years and paid into SS all those years but the WEP would have cut my benefit by over 50%. I’m thankful for this change.

[@Roger928Driver]

Here's the issue, than wasn't mentioned, with this change. Say you work for 15 years in a job paying SS contributions, and 20 years in a government job, not paying, you will be unfairly rewarded. Your SS payment will be calculated as if you earned ~43% (15/35) of the salary that you actually did during your 15 years of SS contributions. Because of the bend points, which give proportionally more to lower paid workers, you get more SS than is fair, because the calculation assumes that you earnt nothing for the 20 years of government employment. What would be fair would be to calculate your monthly average earnings (which feeds into the bend points) only for months/years when you were not earning a pension (15 years, not 35). You would then also prorate (15/35) the calculated payment.

[@ontheotherhand7627]

They had 40 years to come up with a reform, and it was not a priority.

[@jabow1878]

This is excellent news. Now to fix the tax on SS. At least they could do COLA since 1980

[@ldavidson6853]

I was so upset when I found out about this out when I became a teacher. I worked in service and retail for 12 years before teaching… so unfair. This is an amazing relief. It changes my SS benefit at 62 by $700.

[@nichethought6106]

Hey, indexed pension is the words you should start with. Might find people have a different sympathy level for the asking. You will be taking from low income people with the proposed SS calc. I am happy you get to get some but your income is artificially lowered so you 40% extra in the calc of your cut. 90-50 your pension or years as teacher should impact just like ours as private employee's. But it will be bust or a mess so I will never get to collect on mine. Enjoy my contributions.

[@ItsEverythingElse]

@@nichethought6106 WTF are you talking about? Private pensions do not affect SS.

[@ldavidson6853]

@ my teachers pension is based on age, years of service, and highest salary I earned. I pay thousands into the teachers’ retirement system every year to earn my benefit. It’s still not enough to live comfortably on for most people on a teacher’s salary. I am also invested in real estate and stocks in hopes we’ll be able to do more than just eat and keep the heat on in retirement. I paid into social security from the time I was 14 to 26, and I also contribute now due to my real estate side business. Why is okay for you to get the benefits of my contributions? Social security is not given only to the destitute in this country. It’s a system where people pay in and based on a formula, are paid out. We aren’t asking for more than what we contributed to earn. Just fairness.

[@nichethought6106]

@@ItsEverythingElse private pensions are not government pensions. Government pensions are tax payers funded. Only government pensions should be included in this new calc for SS. There is income that is not going to included which will bring up those limited years of income. Making these government retirees that got add to SS. Maybe there is an age the calc needs to change. But go review the ss calc and you can see the limited amount help force the calc to a min level of not high enough. So if the pre government job was small then many years of salary that will not be part of calc. These many years not counted is how us in private industry get pushed to the higher reduction levels. But easier to tell me you don't want to understand how the calc will steal fromthe lower income because you feel entitled. You are to the same income impacted calc as the rest of us.

[@BadWolf762]

It's unfair that you get more SS now because of the bend points and how the payments are calculated. Payments are calculated at 90% of the first $1,115 AIME (Average Indexed Monthly Earnings), then 32% from $1,116-$6,721, and finally 15% from $6,722 and up. The bend points are skewed to help out the lower income workers, and higher income earners get hit with the 2nd and 3rd bend points in the calculations. In effect you are getting the maximum Social Security pay out for the 12 years you worked retail because on paper it looks like you are poor because of the limited time you paid into SS. Add the maximum SS payments you will get to your taxpayer funded pensions and you are taking way more than your fair share from the SS trust fund, and more than you deserve from the pittance you paid in. There was a reason they enacted the windfall laws in the early '80s and it's repeal is a kick in the pants for the rest of us who have spent 40 or more years kicking in 12.4% of our earnings to have our payments calculated at 32% and 15% once we earned over the poverty line.

[@ChickadeesRaven]

I think those higher numbers are for the GPO. The maximum WEP in 2025 was supposed to be $613 per month. Social Security had an asinine definition of "substantial earnings" designated for each year, and a person who had worked from 21 to 29 years with wages designated as so-called "substantial earnings" had a reduced WEP penalty. For those with 30 or more years of "substantial earnings", the WEP did not reduce the Social Security benefit. Very hard for those working years of low paying jobs and paying into Social Security to overcome the WEP penalty.

[@vt3140]

All government employees or only federal employees?

[@DPTrainor1]

As private workers, we don't / didn't get pensions. And we payed into SS. This bill is Anti Working Middle Class.

[@Tampanian]

You didn’t pay for a future pension out of your paycheck each month like I did. I had to eat rice and beans my whole life because there was nothing left in my paycheck after the pension deductions. And If I die young, I’ll never get any of my pension benefit. So rethink what you are saying.

[@noodle3768]

Lot ss payers got only 15% for what they paid. What's the fairness? The government employees just get bigger and bigger pie.

[@fremontpathfinder8463]

False. And just become someone else gets something you don't stop whining. Get a public sector job. This also prevented those who got modest pensions from getting widow/ widower SS benefits which is jsut wrong.

[@brucefow8579]

Dam right ,those with great pensions and health care get more , BS

[@bbearsmama]

Retired teacher here. What are you talking about? I paid into social security before I started teaching and I continue to pay into it now since I continue to work (outside of education). This is not some handout.

[@diverbw]

You failed to clarify something: what is a “government pension”. Is this just federal employees? My wife is a retired teacher from the state of Georgia. Will this affect her?

[@fremontpathfinder8463]

Yes it will help her

[@robertbergstrom9287]

If she is affected by WEP or GPO. If she paid SS in a private job and then got a government pension which did not have SS taken off she might have had her SS reduced. GPO will apply to a spouse of a gov retiree who had a reduced benefit. Eliminating these laws will mean she may get those reduced benefits back.

[@loriurich2276]

I'm retiring in June as a teacher of 29 years. This is wonderful, life changing news that affect so many educators and first responders. I did not become a teacher until I was 35. So, for 20 years, I paid into SS. This is the only right thing to do. Too bad it took so long to go through.

[@firefeethok_tui2355]

You got from social security what you paid in for 20 yr, it was already fair. Now youre just double dipping. You traded SS for the pension. You were not getting “no SS”.

[@alexshekhtmeyster7736]

H.R.82 - Social Security Fairness Act (not HR84)

[@ItsEverythingElse]

lol. Nothing like getting basic facts right.

[@salvadorgalaviz9755]

OK so you said they paid maybe 12 years SS and I paid 50 years ss and we get the same benefit in payout? So I get the subsidize thier SS plus pay there government pension through my taxes. WOW what a deal for me.

[@NavyVetBB63]

Not true at all. If a retired govt worker has paid in their 40 quarters they’ll get paid exactly like anyone else who paid in that 40 quarters. The only difference now is that they won’t be penalized for having another pension that they also paid into. They won’t be paid more than anyone else who paid in the same amount.

[@jdrunyon6641]

With this new law, a person will get the full amount of 12 years of SS. That amount will be substantially less than a person that paid in 50 years of SS. You are not subsidizing anyone. Relax!

[@Flwer479]

Does this effect people on ssi

[@ПавелЛ-т1ю]

It would be good to add “in USA” to the header of the video to avoid confusion of non-US viewers.

[@beast1728]

What about all the people collecting social security disability benefits?? Do they get anything??

[@montezz454x4]

Got my military pension at the age of 37 years old after 20 years in the Army, wake up and know how to add. I get my pension from Department of Defense, VA Disability rating 100% and SSDI, not 410k scam.

[@doughedges8082]

Thank you for your Service! I think what your have done is very smart and you deserve to enjoy a well funded retirement!

[@dethbob1]

So now government employees who have the BEST pensions around get an extra boost. There government defined benefit pension far exceeds anything found in the private sector. Makes me sick.

[@johnzemetra6106]

I was told by Social Security that my benefit would be reduced because of my pension from the city of Denver. I am optimistic, but will believe it when they pay me more.

[@kthomas2242]

Azul - love your channel! One nitpick - in this video, you keep saying "Congress" when you actually mean "House of Representatives". Congress is the umbrella term that refers to both the House and the Senate.

[@nichethought6106]

This calc is BS it should have some impact from the income from the government job. They are going to get a 90% share of the low income. But they worked full-time in the government job and got an indexing pension from tax payers. The rest of us get 50% above a level. So double helping for this group. Hope they worked a ton, so they are hit the same as the rest of us suckers that worked and skipped the government job. If SS runs out of funds, we will remember the voting roles. They should pay their income to fund then SS. Hate government people when they make sure they are funded and pay raised as the rest of us get cuts. To summarize they are going to look like a low income worker in the SS calcuation on income. But collect the indexed pension and not have include any of that income. So they will live better and retire early. Yes i am jealous. But also getting taken advantage of. So go fix the calc to include a part of the pension and indexing should be confirmed. I dont want to block what they worked for but they are not the low income that need the boost in their income.

[@tigsac9314]

hello..hit the nail on the head... thank - you..

[@tonyg1958]

I understand how this appears to many people, but here are a few things to consider. - Most government employees are not the highly paid DC bureaucrats and elected officials that everyone visualizes when they hear about this. - I spent 33 years as a federal civil servant and retired as a supervisory computer specialist. Although I earned a good salary, the pay for an equivalent position in private industry was significantly higher so I gave up a tremendous amount of potential earnings by staying in civil service. - I earned my eligibility for social security through jobs worked prior to and after my civil service career. The calculation of my benefit is based solely on these jobs, not on my civil service time. - Even though my calculated benefit is not based on my civil service earnings the Windfall Elimination Provision that Azul discusses in this video reduced it by almost 50% due to my civil service pension. - If you spend your career in private industry and retire with a pension, your social security benefit is not reduced. There are legitimate arguments to be made about the size of the federal workforce and wasteful government spending, but just as someone shouldn't get special benefits for being a civil servant they also should not be penalized for it.

[@pattykushner2838]

You have no clue. My family would be impacted tremendously by the WEP and especially the GPO. I'm not going to even try to explain how it is blatantly unfair to some families. You are too self absorbed in feeling sorry for yourself that you can't stand seeing someone else get what they worked for for 30 years. Go and worry about yourself, rather than worrying about others. This would not have passed both the House and Senate had it been a fair policy.

[@nichethought6106]

The calc for those that need to know best 35 years of working. Those are indexed for the year the dollar was made. If you worked 50 years still best 35 years. Sum those 35 years then divide by 420. 420 equals 35 times 12. So again best 35 years. The number is then put thru a 3 level range like taxes. Those are then summed to give the SS payment. If you are not high enough there is minimum payment. So if the government worker is allowed to use their working time paying SS they gain an advantage and get extra slice of the SS. Oh if you take SS early they discount your amount up to 30%. Yes think they should be able to get some money. Not against it just make the calc fair for alll.

[@brucefow8579]

amen so unfair

[@333halfevil]

I've had one job not separate jobs for the last 35 years, and I pay into both a state pension and Social Security. I have not made a ton of money working for the state. I am middle class, and I deserve get what I paid into Social Security not half of what I would if didn't have pension.

[@doughedges8082]

If you have been paying into SS then this wouldn't have applied to you. I am a retired GS Fers employee and we paid SS so it wouldn't apply to me either. Federal employees CSRS didn't pay into SS, but get much higher pension. I think some people will benefit too much from these changes, while others have been unfairly penalized. I agree that there should be better calculations so that everyone receives a fair SS payment.

[@josephrogers5337]

USN 1960=80, csrs for 22 years.. born 1942, started early ss at age 62 in 2024. Wife had small ss but passed away 2 years go. Will the WEP of 300$ in 2004 off of my own ss. How do these effect me now in Dec 2024.

[@928Porscheman]

You said HR84, it's should be HR82. HR 84 is a bill for drones.

[@bbearsmama]

I need some clarification. From what I understand-your SS benefit is based on 35 years of you paying into the system, right? So if I-a retired school teacher, work 15 years outside of education and pay into social security-doesn’t that mean that the other 20 years are basically counted as “zero”, which dramatically (and understandably) reduces what I would receive? I know that the calculation and formula is much more complex than that. But what I’m saying is that my ss benefit with 15 years of paying jnto it-would be substantially less than someone who worked 35 or 40 years, right? I’m not complaining about it. It makes sense that I contributed less and would, therefore, receive less. Before, though, I would’ve received NOTHING for those years paid into social security because I would get my teacher retirement. Am I understanding this correctly?

[@davida9276]

Let me make sure I and everyone reading this understand this properly. You are eligible to receive SS benefits after working 40 quarters. That’s only 10 years. And, then you become eligible to receive the full benefits entitlement as someone who works 40 years, or 160 quarters? Yet, the individual that works for 40 years doesn’t get the benefit of a pension. Why doesn’t congress scale back the benefit on a sliding scale for the 10 year worker to represent a percentage rather than a full package?

[@Papa-hs6yg]

Exactly. I like this guy but he doesn't really explain how this isn't a restored windfall. I want to believe that its equitable and fair but not double dipping.

[@herbertRobinson-y6c]

A person’s social security benefit amount is based on the amount paid in, if a person worked 40 quarters and paid just enough to qualify their benefits will be less than others.

[@timm2845]

SSI is calculated on your high 35 years so if you only work 10 years they still divide by 420 to get your monthly average income and then they give you the 90 ,,32 and 15 so if you work 35 years you have 420 months of earnings if only 10 years only 120 months of earnings but still treated as if you work the 35.

[@shericastaneda4514]

It's HR 82, not 8

[@shericastaneda4514]

HR 82, not HR 84

[@nicstevens6499]

Thank goodness. As a police officer for 18 years and my dad retired after 34 years of policing these two laws WEP / GPO were dumb laws that made no sense. We both have worked plenty of jobs covered by SS and paid into the system and would receive a lot less money that we earned.

[@Kayla11113]

This is true but the rest of us should get the same percentage or the 3% should get 50% like the rest of us.

[@nicstevens6499]

@@Kayla11113 I have no problem with SS reform it needs to be fixed. . But what the WEP / GPO law does fixes a major F up from 40 years ago that totally screwed police and fire who worked other jobs... So this fix has nothing to do with other issues like... raising taxes on SS / raising the retirement age / making sure there isn't as much fraud / abuse of disability benefits and all that stuff...

[@bridge7528]

I’ve taught for 30 years( no ss taken out) but before that I worked for 15 years paying into ss. I wasn’t going to get any of that ss before this passed.

[@g.t.richardson6311]

So I worked 45 years paying into both .. you’re welcome .. 25 as teacher paying SS

[@JJW1001]

If you paid into SS for 10 years you WILL get something, WEP or not.

[@nichethought6106]

@@bridge7528 so you should get 5 years additional to your SS record so your calc is like the rest of ours. Thank you for understanding how the rest of us get screwed for working all our lives. Only best 35 years are counted then run thru a 3 level like tax ranges then summed and that is bo Summed for those on the Lower end. They get aa minimum value. All I am showing you get all your years and the rest of us only get best 35. I know you worked more and so did I. Most people have 25 or more in their career after they find one. Retirement is not easy to fund as a worker.

[@scotthamilton5138]

50% max

[@jfleck10]

Maybe time to end government pensions since no one else gets one anymore.

[@randymalispina9110]

Why? When I went to work for the government, they offered me the pension, it was part of the benefits package. I had people laugh at me because I went to work for the government because at that time the private sector was making a whole lot more money. I worked 23 years in the public sector and 23 years in the private sector. I earned my pension and social security.

[@timm2845]

You can thank big business for no more pensions just another Benny they took from the American workers.i have two pensions one from the gov and one from my union and also SSI so I am a triple dipper. 28 years for the gov 28 years for the SSI 21 years for the union.

[@AmmoMaster]

got excited for a bit as I was severanced from my 21 year job, I am 64 and wish to retire, I have no pension and a modest 401K, all this HR84 bill does is give more money to people with a golden parachute pension like cops and federal and state employees who also get lifetime medical insurance cheaply and don't have to use Medicare! My sister retired from the state of NV and gets 80% of her salary and medical. These people don't need to get more and leave the rest of us without an increase!!!!

[@NavyVetBB63]

Man, I must’ve picked the wrong state to retire in as a cop. A pension that keeps me just above the federal poverty level along with the benefit of paying $1600 a month for health insurance and a one time 2% cola raise in the last 15 years. Yep my parachute is not quite that golden I guess lol

[@jdrunyon6641]

Ammo, I’m a retired teacher with a teacher’s pension. I worked in the private sector for 48 years employed as a coal miner, bus driver, hospital lab and various other jobs, all the while paying in SS. Presently, I receive less than 50% of the SS I paid. Hey the govt. is not giving me anything with HR 84. I paid the money in and would like to have it paid back at 100% .

[@dethbob1]

@@NavyVetBB63 You raise a good point, in Illinois, our local police START at 90k per year and we have teachers making 150k all with great insurance. And with the defined benefit pension plan, you could engage in "pension boosting" and cut a fat hog in the ass for retirement. So it really does depend on where you live. The average income in our area is 62k and these are the taxpayers being forced to pay those salaries.

[@chnalvr]

This is great news about eliminating the WEP that President Reagan signed into law! I just retired and was shocked to learn that even though I'm fully paid into Social Security from previous employment, my public-school teaching pension pushed me into a different Social Security formula that slashed my SS benefit substantially, even though I am fully paid into the SS system. I am grateful that this has been reversed, and President Biden is likely to sign this correction into law!

[@TurtleMoonTube]

No, you shouldn't get more SS because of NOT contributing during one of you jobs. WEP corrected unfair advantage to people NOT paying FICA. Did you really not know that your weren't paying FICA ? or were youjust happy that you weren't at the time, and have since forgotten, or whatever. You weren't cheated, but now everyone else is.

[@firefeethok_tui2355]

I agree with giving a raise to low income earners for certain, but not the pension people. They should only get credit for the wages the earned working a W2 job, they exchanged that for a better paying pension job. Its even, now theyre just double dipping.

[@samkall9322]

YOU ALL NEED TO STOP SAYING CHANGE IN SOCIAL SECURITY AND CONFUSE ALL SOCIAL SECURITY RECIPIENTS SAY GOVERNMENT Employees RECEIVING FREE MONY FROM SOCIALSECURITY RECIPIENTS WHICH IS STUPID TO HURTING SOCIAL SECURITY RECIPIENTS WHICH THEY DESERVE THAT NOT GOVERNMENT EMPLOYEES THAT RECEIVING PENSION THIS IS CRAZY AND STUPID

[@CordoneDavoren274]

*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

[@BailesPosey]

wow this awesome 👏 I'm 47 and have been looking for ways to be successful, please how??

[@CordoneDavoren274]

It's Guenevere Ann Toste doing, she's changed my life.

[@JohnBush-d7z]

I do know Ms Guenevere Ann ., I also have even become successful....

[@Carlosilpso11]

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.

[@veromudia5721]

Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?

[@MissJean63]

I feel like I’ve won the lottery.

[@dethbob1]

yup and you can thank your grandchildren for it, as they will probably never recieve a penny

[@ontheotherhand7627]

HR82, not 84. Also, if they have not done, so, people should consider opening up a my SSA account, and use that information to learn whether they qualify for benefits, or what they might have to do to qualify. Anyone impacted by GPO who has been turned down in the past for survivor benefits should reapply. They will not be automatically qualified based on a previous application. And they should do it as soon as possible, in the next week or two to maximize their benefits.

[@othmanoulouali1962]

Are you speaking of the HR82 bill? Not the HR84

[@i.i1619]

Buddy, I went to the social security website and there is no HR 84😂 just joking, I know you meant HR 82

[@tomj528]

Sounds like a union gimme. How about doing something for those workers that didn't suckle off the government teat.

[@lindabagby1739]

You mean like teachers? I did no "suckling".

[@tomj528]

@@lindabagby1739 Government workers in general (not all) are over paid, under worked and over pensioned. We the taxpayers are tired of over funding them.

[@TurtleMoonTube]

Hold on! It isn't all government employees. I was Federal employee and paid FICA the entire time. But, Yeah, WEP corrected an Unfairness. People who didn't pay FICA, shouldn't be paid at higher rates.

[@tomj528]

@@TurtleMoonTube Unfairness or keeping the taxpayers free of government employee's undue enrichment...it's not so fine a line to those that pay for it but don't benefit from it.

[@3railmike713]

What if you only have 38 of the 40 quarters needed to qualify for SSI before becoming a teacher and currently in the CALSTRS public pension system???

[@krg038]

Takes 40 quarters to get social security. Listen to the video

[@lindawylie4182]

Not enough. I, too, lack just a few quarters, but my best friend will benefit so I’m super happy!

[@slimpickens2243]

Get a part time job 1700 bucks earned gets u a quarter I got 34 quarters working night jobs

[@tmusa2002]

Get a job and get yourself to 40. I would do that immediately! 🙂

[@TurtleMoonTube]

first this doesn't apply to all teachers. only to those who were NOT paying FICA!

[@BradSears-w8k]

Let’s see you’re calling this the fairness act I paid in the Social Security for 50 years and these guys are gonna get more than me. It’s not a fairness act. It’s another government move. That makes no sense. They knew when they took these jobs how it worked and now they want to take billions of dollars from the Social Security fund And act like they got cheated. No, this is not a fairness act. This is a group of people ripping off money from Social Security they chose instead of paying Social Security. They paid into a private retirement fund and now they want both you call that fair.

[@y2kc0wb0y]

Azul - I'm tracking HR84 as the Buzz Off act? Looks like H.R.82 is correct one you're speaking towards

[@1pcmedic]

President Biden will put his DJT on it 🤣🤣🤣

[@barbsinclair7352]

It's the CSRS government workers (old system) under FERS we pay into it.

[@TurtleMoonTube]

Yep. I paid FICA during All my years with government.

[@therealmrsmall]

This is great news! Thanks 🙏

[@Kayla11113]

So, when are the 97% going to get their raise?!

[@NavyVetBB63]

I thought SS recipients get cola raises all the time? On my police pension that is funded primarily by investments in the stock market using contributions from both employees and their cities, I’ve seen one 2% cola raise in 9 YEARS and was always amazed to see the colas that SS retirees receive year after year from a system that functions like a Ponzi scheme with no real investments and relies almost solely on FICA taxes paid by younger workers.

[@redheadctm5423]

But it doesn’t apply to most of us so I don’t care.

[@scotthamilton5138]

Tell that to the school teacher in Texas that lost her husband and thus no death benefits and then her house. I don't think you could say that to an elderly retired public service widow.

[@EdelLuciano]

It’s Bill H.R. 82 not H.R. 84

[@rovvt1284]

TIMAAAAAA is the expert?

[@LukeSutherland.]

Why hello there, Azul! Your funny thumbnail made me click. Hope all has been well!

[@silveraddict875]

3 million? Haha. Why only 3 million? We all have paid in for 40+ years.

[@JMaxwell1000]

Excellent information, BUT: you're erroneously referring to the "Congress" as being synonymous with the House of Representatives; it is not. The U.S. Congress is bicameral and consists of the House of Representatives and the Senate; both constitute the Congress.

[@foreignerescapestothephi-lj3ls]

The House of Representatives is NOT Congress. The combined House AND Senate make up Congress! Please correct your words and understanding. 😊

[@Twizzted]

Unfortunately, the result is that due to the bend points being out of whack now, most of the 3% will receive not just equitable benefits, but greater benefits than the 97% will receive. It should be the same. Congress should have fixed the inequity without creating another inequity. Hopefully a second law will be passed to provide the 97% with identical bend points, so that the system is fair.

[@robertmeyers3640]

SS IS SO MESSED UP YOU COULD GET 150% to 20% what you paid in. Trying to Make it equitable made it un equal

[@scotthamilton5138]

What about the millions of workers that had these benefits taken away for the past 40 years and aren't being paid retroactively....40 years of profit for SS Admin. $BILIONS$

[@NavyVetBB63]

We literally begged for many years for what you’re describing to happen so that our SS benefits would be properly calculated (and for most there would’ve been an increase) but we were ignored by the politicians in hopes that we would just accept what was being done to us and go away. Retirees then organized on a massive scale to get rid of WEP and the GPO (which is the most egregious of the two as it basically strips away private sector SS benefits of the surviving non govt worker spouse) and here we are. You can thank a long line of politicians before todays politicians for this happening.

[@roosterslayton1889]

SSI

[@mr.b3591]

I'm getting seasick, head spin and lookin for the rail. Ready steady...

[@rainerrain9689]

This is a payoff to government employees of all kinds , including politicians ,that's why it passed and Mr. Dementia has no clue what he's been signing since Nov 5th. Those of us who didn't work for the government won't get this because we don't get pensions. The reason it was like this before this new law ---->was because you got a PENSION which made up for the difference and more !

[@krg038]

Nothing to do with Biden. It was congress 1982

[@Roadglide59]

Not what this is. People who worked and paid into Social Security over 40 quarters receive benefits based on their contributions. I worked 23 years in the private sector and put tons of money into Social Security. That money was lost until now. I contributed, it's mine, why should my 23 years of contributing be lost to the system? Not fair, now, finally I will get a return based on my contribution, and nothing extra or unfunded.

[@TurtleMoonTube]

Um, I was Federal employee and paid FICA the whole time. So, your frustration should not be toward all of us. For Federal jobs, only those under the older CSRS system didn't pay FICA - and now they would not get SS. Nearly all current federal employees pay FICA. Most CSRS folks have retired already.

[@ron311]

You are spot on.

[@danver222]

Wow, what a horrible way to record a video. I had to stop watching after a few minutes. As usual this is just going to be giving someone besides me more money anyway.

[@lkd06]

this is double-dipping on steroids

[@NavyVetBB63]

Nope. WEP as it existed was seriously flawed and denied earned benefits to certain workers for 40 years. It could’ve been adjusted to be more accurate but past congresses ignored retirees who tried to get them to do it right until they finally joined together and pushed for the outright repeal of it. Blame past legislators for being lazy and not doing their jobs.

[@travelseatsyellowlab]

You asked for it.

[@MidlifeCrisisManagement]

it was the right thing to do. Congress has more work to do to offset the cost.

[@terrywest4649]

I just see this as government dipping into the funds while it’s still solvent, grabbing more before the pot empties! Gov retirees already have lucrative benefits and pensions, did they not know SS would be unavailable to them prior to accepting the gov position? So slick to get those bills in under the radar!

[@Roadglide59]

Negative, this is for people who have put at least 40 quarters of contributions into Social Security. The money they receive was paid into the system, they were denied a return on their contributions until now. It's certainly not a free handout. It's been funded by those people when they worked jobs outside the government system and paid into Social Security. It was earned.

[@fremontpathfinder8463]

SS is solvent and to keep it solvent all they have to do is raise the cap on the earnings limit. Right now, someone who makes 160,000 a year don't pay anything more in SS tax out of their paychecks. Simply eliminate this cap up to 225,000 dollars and SS will remain solvent. This bill was not under the radar. A Republican senator from Alaska has been introducing this bill every year since 2003. I worked for 17 years in another field before switching to teaching. Without this bill my SS would have been reduced by 600 dollars a month. It is the billionaire class which is stealing from us, not those with pensions.

[@1_viewer]

Many people did not realize the position they took would affect their SS. Some realized at retirement and some realized after starting the jobs and had to reconsider working at it or leaving before the pension period launched. A lot of angst both ways.

[@Roadglide59]

@ the Social Security website always told me what I would receive based on my contribution. The website never said anything about my return being capped because I also worked 9 years in Law Enforcement. Finally I will get what I was supposed to, although I lost several years without it. Finally I can enjoy my retirement.

[@TurtleMoonTube]

Federal Employees under the older CSRS knew, and they get bigger pensions because of it. I started under the Newer FERS system and paid FICA the entire time. Employees under CS RS were glan option to switch. But, they choose to stick with their big pensions and not paying FICA.

[@gazoo7411]

What about people on disability?

[@TurtleMoonTube]

only if you did NOT pay FICA for part of you career. If that's you, you'll probably benefit from this unfair legislation.

[@traceyl9959]

How does this apply to former California State employees?

[@TurtleMoonTube]

Effects those who did NOT pay FICA for part of their career. otherwise doesnt apply.

[@GRSSecurity-ei3gp]

HR 82

[@smokyo7855]

Thank you President Biden

[@JimJones-r1e]

They should bankrupt the politicans that approved the act that didn't allow them to collect social security benifits ..But he'll no ..how in the heck is the program suposta be viable

[@reydesposilverado6474]

I’m a retired federal employee from DOD. My retirement system is CSRS and did work in private sector. So I’ll believe it when I see the $$$ in my bank account..

[@kennethd4645]

It's official, i hate all government employees now

[@firedriver8367]

Don't hate the government employees. Hate the social security system. I worked 13 years in the General sector and paid into SS. Then I was highered as a Firefighter and didn't pay anymore into SS. All I want is MY MONEY THAT SS OWES ME. That's our money and finally it looks like we gonna get PAID!!

[@TurtleMoonTube]

Only those that didnit pay FICA for part of their career will benefit from this. T was federal employee and paid FICA the entire time. And, that's true of most federal employees now. Nearly all under the old system ( CSRS) who didn't pay FICA have retired.

[@VELOPERS]

So whatever you benefit from this when the trust fund runs out you will be back where you started from after the do the cuts. Me i will just be out on the street because i won't be able to keep up with my expenses. That's not to mention the cuts will happen 6 months sooner. Thanks a lot.

[@NavyVetBB63]

Not true. If anything this will force congress to finally address SS funding and do what they’ve needed to do for a very long time and just ignored. 1. Raise or remove the cap on required SS contributions from high income earners. 2. Means test the wealthy as to whether or not they need SS or if it’s just toy money for them. 3. Increase the age when a person is eligible to receive SS. It’s a very easy fix if congress has the courage to ignore their wealthy donors and just do it. You’re not going to be out on the street and will still receive your SS as long as there’s still a United States.

[@peterbedford2610]

Why the constipated thumbnail?

[@mrjb8502]

Very disappointed in your one-sided coverage of this horrible bill. You completely failed to mention this bill will cost $190B and cause the SS trust fund to run out of money 6 months earlier. So now government workers with fat government pensions also get a much higher SS benefit. But everyone else gets their SS benefits cut six months earlier.

[@robertmeyers3640]

Yep. I get 1300 plus a month now

[@joelparish3851]

This came out like 2 days ago. Not sure that qualifies as breaking news?

[@280z318i]

So? What a waste of a comment.

[@ellengrace4609]

“Breaking news” is relative.

[@alexshekhtmeyster7736]

It passed the Senate vote on 12/21/24, President hasn’t signed it into law yet, but he promised to do it. It is a major relief for many people who deserve it.

[@MidlifeCrisisManagement]

when news breaks, Azul fixes it.

[@AzulWells]

That made me laugh ... 🤣 Azul

[@davidminshew8740]

Old news.

[@DSC800]

Something has to give. To fix SS one or a mix of: (1) the FRA needs to increase (2) Payroll taxes need to increase or (3) benefits need to decrease. I'll be claiming benefits soon and I don't want young taxpayers to pay more nor do I want benefits to decrease, so the best option is to increase the FRA to 69 in steps over the next few years. People are living almost 5 years longer than when the age was last adjusted in the mid '80's.

[@NavyVetBB63]

Agree on raising the cap on wealthy earners. Before increasing fica taxes on current workers, means testing should be done on the rich and then a gradual increase of the minimum age to receive SS. Younger workers (I’m not one of them) are getting absolutely slammed in this economy and it’s a bad idea to increase taxes on a group that is not even able to afford a home in our current conditions.

[@elainethepain9418]

I appreciate your reporting... thank you!

[@BrianW211]

Nice. Neither change will effect me, but it doesn't make sense that Social Security for government employees and spouses were reduced by other benefits any differently from the taxability that existed for everyone else. Unfortunately, it is going to put additional burden the already over-burdened Social Security system, so it's eventually going to cost everyone a little more.

[@laurie6332]

3 million people when there are 70 million people on social security? That's not a fairness act.

[@rko070]

!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated..

[@jopolo-x4f]

As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@FederickLeo]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..

[@jopolo-x4f]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@FederickLeo]

Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

[@rko070]

how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??

[@karenbenning2166]

I am retired without a pension. Therefore I feel like this is kinda like the forgiveness on student loans. It helps a few and costs a lot for the many. Soc Sec is already running out of money and this will not help.

[@slimpickens2243]

No no!!! HR 82!!

[@ItsEverythingElse]

Amazing how they can find ways to spend more but not how to fund it. And people think Musk and Trump are going to cut spending? Fools.