Am 58 retiring next year but the thought of retirement gives me weakness. 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 or loved ones to fall back on.
@Olsontim218 күн бұрын
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
@michaelwiebeck38 күн бұрын
Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.
@michaelwiebeck315 сағат бұрын
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@michaelwiebeck315 сағат бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@CindyValenti15 сағат бұрын
This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?
@rattelsden18 күн бұрын
Last time I checked, the Social Security money is our money! We put that in for ourselves! Who are they to keep it from anyone!
@ICISM118 күн бұрын
They gangstas.... what are you going to do about it?
@nancyadams922817 күн бұрын
Thank Mitch McConnell. He filed the WEP.
@aolvaar879217 күн бұрын
You pay 10 years into SSA and qualify for "poor people SSA" (90% Bend Point), you look poor, had you paid into for your Exempt job, (32%)
@neilkurzman490717 күн бұрын
Why don’t you ask the state of Georgia why they didn’t sign up for this decades ago?
@mad4hats79716 күн бұрын
They spent it all, this day was coming. A Republican senator warned about this.
@jjo21518 күн бұрын
That is BS… stop taking it out of people’s pay if you’re not going to allow them the benefit!!! Straight BULL!!!
@keithfleming601914 күн бұрын
Rightttt
@DonaldMains13 күн бұрын
They do benefit, they just can't double dip. Please study up before posting idiotic comments.
@jjo21513 күн бұрын
@@DonaldMains I’m free to comment just as anyone else. If you don’t like it, keep scrolling… Furthermore, BITE ME!
@DebbieTropiano8 күн бұрын
@@DonaldMains I paid into both SSA and my retirement plan so I deserve my full benefits from both!
@DonaldMains7 күн бұрын
@@DebbieTropiano because everyone else plays by different rules. You can't work for 30 years for the government and then start at Year 0 for SS. That would be like everyone working for ten years changing jobs and then staring SS all over again. Your SS needs to start as if you were starting year 31. It really is pretty easy to understand. Why is it so challenging for you?
@kis4beauty18 күн бұрын
We should sue! This is disgraceful and disgusting!
@bethriley975718 күн бұрын
Are you a BOT?
@kis4beauty18 күн бұрын
@bethriley9757 yes 😂
@jjo21518 күн бұрын
Refund their money back to those who paid in!!!
@anthonymartinez430718 күн бұрын
We all pay, this is completely unacceptable.
@user-bg2oi4bz3p17 күн бұрын
They receive a pension. Their jobs did not pay fica. 0:55
@Michaelcj-m2d16 күн бұрын
That won't happen 😂,All 1% gonna get It with the new administration
@BetterAmerican-Fkyourfeelings15 күн бұрын
No FICA no money! They knew this and still went with it.
@mikemaricle994115 күн бұрын
@@user-bg2oi4bz3p One of their jobs didn't pay FICA, the others did, that's the problem.
@SuperWizzle8518 күн бұрын
So you can pay into it but can’t receive it? Lol only in America this country is whacked out
@JamesAllmond18 күн бұрын
gets better, there are 2 classes of Federal employees, those on one side of a certain date (I don't know the exact date) pay no SS nor FICA and get the full Federal pension, those hired past that date don't get said pension and do pay into SS and FICA, therefore getting less pay and fewer benefits as a result. And who came up with this, the GOP, who else?
@harrynguyen301417 күн бұрын
Wrong, some employers never pay into it because they get their own pension.
@thehouseofel-sharah223617 күн бұрын
Just like hotel California, you can (put your) check in, but never (can get your) "check" out.
@irmakalember940315 күн бұрын
Yes it makes me want to move to Europe. I. The future
@lorietaylor466514 күн бұрын
@@harrynguyen3014 your wrong! My husband when he retired got his pension and SSI
@AngellBrown-t9p15 күн бұрын
The STATES should be ashamed of themselves! Nothing UNITED about this place! Where is all of their money that they paid into Social Security? 🤔
@npcfigureathletedawnirish69115 күн бұрын
People are getting fed up with our "systems "....NY proves it.
@mrmikecebu17 күн бұрын
I began FICA job at 15. At 30 I became a nurse and paid both SS part time jobs and state pension. 25 years retired and $90,000+ stolen. Stop stealing from my award amount! If I was a millionaire would you reduce my pension? No! Then why steal from my pension?
@cookiebun9517 күн бұрын
The law was enacted under Regan and they have been trying to repeal it since. I am affected by WEP. SS already tried to take nearly 50% of my payment because of my husband. I'm so sick of the federal government's incompetence and theft.
@bluize56716 күн бұрын
Same, SS withholds two thirds of my pension amount from my late husband's benefits; I'm entitled to survivors benefits, at a percentage of what he received. We want only what we worked for. At nearly 70, working with knee replacements isn't fun. This affects about 2.5 million retirees.
@georgia77715 күн бұрын
it's not the federal government, it's the GOP. They are the ones trying to steal all this money, not the Democrats. The Democrats are trying to protect it but don't have the votes. People need to wake up and understand who they are voting for. Since its inception the GOP has tried repeatedly to kill off Social Security and Medicare.
@michaelgreen303613 күн бұрын
@@bluize567When a couple has only SS, after one person dies, so does one of the two SS checks. If you are getting two checks, one for your own SS plus one from your dead husband's pension, then you are double dipping, and that's not fair.
@johnevans69316 күн бұрын
If they cancel Social Security I would want every penny I payed into it with intrest. That money was taken out of my pay for my later years. I would be better off right now if I could have kept that money.
@LP-bt4jk15 күн бұрын
They’re looking for a class action lawsuit
@bluize56713 күн бұрын
@@LP-bt4jk I was told by someone IN YHE RETIREMENT SYSTEM, I'd have been better off to work at a fast food restaurant my entire working career than to work I n public service.
@DonaldMains13 күн бұрын
They do benefit, they just can't double dip. Please study up before posting idiotic comments.
@johnevans69313 күн бұрын
@@DonaldMains the rules are changing, people with pensions are getting SS cuts. You should look into that before showing your own ignorance.
@DonaldMains13 күн бұрын
@@johnevans693 They don't receive the full amount because they didn't pay SS taxes on their government job, They are double dipping which no one who worked in the private sector can do. Is it really that hard for you to understand?
@zinaallen985616 күн бұрын
Stop congress from having the ability to double-dip in pension program, just because they have worked different positions. Some have substantial pensions in legislative and executive branches all on taxpayer’s dollars.
@SandfordSmythe12 күн бұрын
The same federal pension follows them around. What are you thinking?
@davidturk617018 күн бұрын
Not just Georgians. Affects my wife, as a retired teacher.
@Squirrel122217 күн бұрын
We paid into social security! They took our money. I want my money. It is owed to me. The years I worked for government I did not pay into social security so of course I don’t get it for those years, only for the years I did pay. This is nuts and not right.
@DonaldMains13 күн бұрын
You do get social security for your years after government employment. Just at a reduced rate like everyone who didnt work for the government does. They do benefit, they just can't double dip. Please study up before posting idiotic comments.
@Squirrel122213 күн бұрын
@ I want what I paid into from ages 15 to 42, Not a reduced amount. My pension is not large. I was an Office Assistant not a CEO. I am not entitled to a large amount of social security based on my earnings and now they want to reduce $1000 to $587. My city manager Makes $350k a year. Go after him and other top government employees if the concern is double dipping which it’s not.
@michaelgreen303613 күн бұрын
@@Squirrel1222You don't seem to realize it's exactly the same for everyone who never worked for government. SS only counts 35 years of employment. No one gets a second pension for all the years they work more than 35 years. They pay the tax and it is lost forever.
@webwhisper270112 күн бұрын
good luck trying to fight the trump-felon gang … it’s about to get ugly for regular Americans
@Grabyourcups16 күн бұрын
Class action lawsuit!
@jevank18 күн бұрын
Since this is federal, why are you making it seem like only Georgia is involved? Keep in mind that these government pensions are paid by taxpayers. It seems to me like they are double dipping on retirement benefits. Yes, it hurts. But I do think the money that was already paid out should be forgiven. Mistakes by Social Security shouldn't be a cross to bear for retirees.
@Lordoftheapes7917 күн бұрын
It's a local news station. They're talking to their audience, not everyone. While I see your point, there are two different systems at play. One for government workers' pensions and one for SS. Everyone that has paid into SS should get their equivalent SS. Everyone that has paid into their pension, should get their pension. There's no option to opt out of either, so neither should be penalized for the other existing.
@BetterAmerican-Fkyourfeelings15 күн бұрын
You do know VA and Penn are the same.... smh
@haydenanderson24514 күн бұрын
@Lord excellent point!
@Jennifer-h5f12 күн бұрын
@@Lordoftheapes79exactly. People often work in different retirement systems to collect more than one pension, but in each system they pay into it. This is one version of means-testing.
@bluize56712 күн бұрын
@@Lordoftheapes79 they're talking about 2.5 million people in SEVERAL states. Texas, Louisiana, Ohio, Virginia, Massachusetts, there are more
@Lady-Kawai18 күн бұрын
They didn’t pay into ss when they had employer based pensions, they didn’t pay much into ss with their side jobs that didn’t offer a pension. It should definitely be recalculated so that it’s fair to those who paid into SS their whole working career
@ccoulter489117 күн бұрын
WEP prevents SS Benefits from people who receive government pensions although they paid into SS from other jobs. The government steals this money from their citizens.
@Godislove927318 күн бұрын
This is saddening. America is horrible.
@tha.vagabond394318 күн бұрын
The ultra-rich are horrible.. because they own the media, we never hear their part in the story. The system should be simple, moving like a well-oiled machine, we put in a dollar, our grandparents take out a dollar.. that works until the ultra-rich decides their money is for a rainy day, they should be using our money first. There is no way this all came from "over payments".. smh
@JessieRubio-p3u14 күн бұрын
Blame Chump and the Ratpublictains part of there shenanigans doing, don't blame the country itself
@davidgray15158 күн бұрын
LEAVE
@aaronjennings83852 күн бұрын
The windfall elimination provision (wep) can result in significant financial hardship for retirees. For example, a worker's Social Security benefits might be reduced by up to half the value of their non-covered pension, leading to a substantial decrease in their overall retirement income. This can be particularly problematic for those who rely heavily on these benefits.
@jip23017 күн бұрын
I'm a Financial Advisor and we've known about this unfair provision for years. I am so glad they are doing the correct thing and they're voting to change this. It's absolutely outrageous and when you explain this to clients, they often can't believe this. This provision is present in these southern states that have been anti social security from the jump and wanted to screw their state employees over. Get rid of this provision now and give these people their money!!!
@Keadil14 күн бұрын
Those state and local governments had the option and chose not to participate in Social Security.
@jip23014 күн бұрын
@ this is true and many states did opt out. But they went one step further. They said if an employee gets social security, the state has a right to reduce their pension by the amount of social security!! So if someone worked 10 years while they were young in various jobs that paid in to social security, and then they went to work for the state for 30 years, when they retired they wouldn’t get their social security. This is WILD and it’s like the state just basically stole this persons social security earnings
@Keadil14 күн бұрын
@@jip230 They would get SSA benefits that were reduced by WEP in that example as well as their state pension.
@jip23014 күн бұрын
@@Keadil right - how does this make sense? Why does a state have a right to reduce what they’re paying you because you’re getting social security?
@Keadil14 күн бұрын
@@jip230 I'm not sure what you are referring to. It sounds like levelling, but it's not WEP. Leveling would increase the amount paid by a pension to what the SSA amount would be until you are old enough to file. There is also the CSRS offset that sounds similar to what you are describing, but that is federal.
@Chulitatr14 күн бұрын
Give them back the federal taxes that they have paid into Social Security for the past 30 yrs that they paid into it.
@DonaldMains13 күн бұрын
Did you watch the video? They didn't pay in for thirty years. Please study up before posting idiotic comments.
@Chulitatr13 күн бұрын
@@DonaldMains @DonaldMains They still paid into it all thru their working years, it doesn't have to be 30 yrs at one place like the Big-3. A lot of people worked skilled trades at different companies their entire lives and they get a decent SS check and pension. This is another case of "Robbing from Peter (worker's broken backs and wallets) to pay Paul -- the corporations and the government." BTW, NO NEED TO GET INDIGNATE.
@jilbertb12 күн бұрын
Look at your Soc Sec statement, you only paid $1000-3000 per year. You're being paid $20,000+ per year in soc sec....
@Chulitatr12 күн бұрын
@@jilbertb NOBODY gets $20K a yr in social security. WTF have you been? Mars?
@jukeboxzero112 күн бұрын
@@Chulitatr Where have YOU been? Average monthly SS payment is $1,783.
@jamesfulks291016 күн бұрын
Can the government give back the money taken from SS over the many years? And yeah this was a stupid law
@rwhunt9913 күн бұрын
Sounds like the healthcare insurance, you pay the premiums and they simply deny your claims. I can understand when people who never paid into the fund, but that doesn't mean they can group anyone into that classification especially when they have proof they were paying into the fund. Those people should not be punished and have their funds stolen from them by the Government.
@lyricquinn15 күн бұрын
This is exactly why I have huge skepticism towards 403Bs that require public servants to pay in
@Destiny88888-v15 күн бұрын
I was overpaid in Social Security disability income from 2006 to 2023, but I have since repaid the amount. I prefer not to be bothered by Social Security as I have established my own sources of income.
@billb985414 күн бұрын
Millions of Americans are affected by GPO and WEP. If employment was Federal, State, Municipal workers including teachers. .
@markbrodie4812 күн бұрын
Americans…..in America the cost of 1 billion dollars spent by our government to each and every citizen is …….$3.00 So if we spend 10 billion or social security …the cost to a family of 4 is $120.00 per year to ensure that old people are no longer dying alone and homeless…….don’t let the numbers scare you away from the goal..necessities …of social security
@harrynguyen301417 күн бұрын
Reporter must clear on this. Some employers never take out the Social Security because of they have their own pension, if they did not pay any to SS then they can not get it when they retire.
@DawnRK320417 күн бұрын
Yes, reporting is mediocre.
@YOUR-WORD-IS-YOUR-BOND17 күн бұрын
Good luck with that!
@DIAMONDGIRL5716 күн бұрын
I paid into SS enough quarters. When I retire Ss will take 40% of what I paid into the system.
@kar-r5i4f15 күн бұрын
that also happen to illegals migrants that work in the fields, they pay taxes and they pay into SS but they can never draw SS.
@lorietaylor466514 күн бұрын
@@kar-r5i4f they can, but if they leave and go back to their home they will no longer receive it until they come back for one month. It keeps the money here.
@YOUR-WORD-IS-YOUR-BOND17 күн бұрын
If you voted republican then this is what you get... you voted for it, you got it, Toyota!
@sb969716 күн бұрын
You are delusional!
@doreanabland129616 күн бұрын
Biden has voted since being a senator to tax and remove/reduce social security…
Your picture says everything I need to know!👈💯😘🤣😅😅
@Trollzarefunny15 күн бұрын
@ Lmmfaoooooo Awe kumrade GOLUBOI kleminskyzzzz Yah solyanka is waiting Ivan 🤡😂🤡 Slava Ukraine 🇺🇦
@ericalcosiba17 күн бұрын
Yep, vote red, this is what you get.
@lauriefarmer282117 күн бұрын
And wait until they see how screwed they are going to be with tariffs. Dumb asses voting republican
@bluize56716 күн бұрын
This has nothing to do with Trump, there's always been a bill of some sort to repeal the WEP/GPO for years. House passed it by 327-75, Senate has the number needed to pass it on their side, President signs it and it's done. We deserve what we worked for, in public or private sector, sometimes both. Many of us worked a second job.
@lorietaylor466514 күн бұрын
Thank GOD red preveild
@julieproctor603913 күн бұрын
Thank you, Osoff and Warnock
@user-kf5bz9xg3x16 күн бұрын
Well Georgia, you're getting what you voted for!! No sympathy.
@MarrianBrown15 күн бұрын
They've been saying this since I was in elementary school 😮
@Ridgebackz62198 күн бұрын
Have they? Government pensions on the chopping block. Depends on how much they did pay before they went Government. PENSIONS. THEY CAN GET SSI. DUMB CAN'T FIGURE OUT WHAT'S HAPPENING? Trump did this 36 Trillion Dollars in Debt Stupid!!!😂😂😂
@Bob12345-o17 күн бұрын
I paid Social Security on of my income. You do not get proportionally higher Social Security based on how much you pay into it. People who pay less into Social Security actually get a higher amount so that they have something to live on. What these people are asking is to be treated like those people because their income that they paid nothing into Social Security would be treated like it never happened. I would be more than happy to pay the pittance extra they paid into their non Social Security taxed job to get the same benefits they currently get. The typical Federal government worker on the old Civil Service retirement plan paid exactly 1.76% more than I did in Social Security. Even the largest Social Security payment is a pittance compared to what they already get in retirement, plus the government pays for 70% of their medical for the rest of their lives. Let me pay in 1.76% for every penny I earned in my entire life and I would be glad to get their retirement. People who receive Social Security have the amount they receive based on an average of 35 years of earnings. If they have years of no earnings zero's are added to that list of 35. Government workers retirements are based on their highest 3 years.
@silentnot481216 күн бұрын
Exactly. They are getting a greater amount back as if they were low income. Social security was set up so that lower income people would get a higher return on the amount they paid into the fund than someone higher income.
@bluize56716 күн бұрын
You haven't a clue. Support staff working 5 hrs days, 9 months a year, while also working a job in the private sector, are not bringing in a huge pension. Less than 1,000 a month on the high end. We did the jobs teachers didn't do as support staff. We face the same thing, though. We pay taxes each month on our pension
@michaelgreen303613 күн бұрын
@@bluize567If you have fairly low wages (and pension) at your government job, then the reduction in your SS is likely to be small or no reduction at all.
@nancyadams922817 күн бұрын
I have paid onto SS, but my inadequate pension prevents me from collecting. I am 70, disabled, but am seeking employment to have enough to eat.
@michaelgreen303613 күн бұрын
If all of your SS was eliminated, then I think that means you are already better off than if you had paid in to SS the whole time.
@shesuniqueinherownwaybenja764718 күн бұрын
I hate this state I’m so greatful god put me in position to leave. 5 years was enough 😢
@sylviarobinson595218 күн бұрын
grateful - God 😊
@YOUR-WORD-IS-YOUR-BOND17 күн бұрын
Good luck, wherever you go. It's happening there, too!
@shesuniqueinherownwaybenja764717 күн бұрын
@@YOUR-WORD-IS-YOUR-BOND the state is trash overall
@chipps106617 күн бұрын
Good riddance if you feel like Georgia is trash,we don't need you.
@shesuniqueinherownwaybenja764716 күн бұрын
@ 🤣🤣🤣 someone’s an angry camper 😝
@CA-tk8yn17 күн бұрын
We should work to fix this and other downfalls of being on SS. We are better than this as a nation. Where is our pride towards our citizens?
@DonaldMains13 күн бұрын
Please tell us how to fix it wise one. Thanks.
@bones655416 күн бұрын
I feel their frustation. I will have a private pension (eligable at 55) and will be able to draw my full ssi, so i thought. My pension will be offset by my ssi or vise versa. Example, $2,000 pension + $2,000 ssi =$4,000. But in my situation i will only recieve $2,000 pension and $1,000
@michaelgreen303613 күн бұрын
What are you talking about. If you have a private (not government) pension, it does not affect SS. Tell me what private company you worked for that was allowed to opt out of SS. Did you work for a non-profit organization that opted out of SS? If so, then all is fair as is.
@bones655411 күн бұрын
@michaelgreen3036 Was Ups Freight now Tforce Freight. They call it a leveling plan. You can retire at 55 if you have 30 years of service or more. I will draw my full pension and half of my SS starting at 55. Then when i turn 62 i get my full SS but my pension is reduced by my SS amount. Like the example in my original post. At 55 i'll recieve $2,000 pension and $1,000 SSI, ($3,000 total.) Then when i turn 62 my pension will be will be reduced to $1,000 and my SSI will adjust to $2,000, ($3,000 total.) Instead of getting a $2,000 pension and $2,000 SSI, Totalling $4,000, i will be losing $1,000. At least that's how it was explained to me by people that has retired.
@MDJ-f7k17 күн бұрын
Fun fact: Ronald Reagan increased the amount workers had to pay into Social Security three times to pay for tax cuts for he wealthy.
@Syaa66517 күн бұрын
Sounds exactly like any other Republican politician this is what people get voting for this
@bluize56716 күн бұрын
School employees Weren't/STILL AREN'T, the wealthy ones.
@DonaldMains13 күн бұрын
Wrong, but don't let facts get in the way of your story.
@SandfordSmythe12 күн бұрын
Separate funds.
@jafab526518 күн бұрын
It shouldn’t matter if you’re a firefighter, a teacher, a police officer or any civil worker like a sanitation department perhaps and you work for an employer no matter who they are and they take Social Security out of your check at the end of the week or maybe you get paid monthly or quarterly, if you are paying into Social Security, you should be entitled to receive that money upon applying for Social Security end of line otherwise the government is basically stealing from the people and if that’s the case, then they should get that money back with interest, the proper thing to do is to have a Social Security fairness act that entitles every single American Social Security providing you are paying into the system irregardless of what your job title is or how many jobs you have, because it is the American to do and it is the right thing to do.🤗
@neilkurzman490717 күн бұрын
Oh, but it doesn’t matter. The Reagan plan was to save money by stopping people from double dipping on pensions and collecting Social Security. The plan was you just get one of them. This was part of the plan that kept Social Security solvent for the past 45 years.
@DebbieTropiano8 күн бұрын
@@neilkurzman4907 Yep! Public servants have been picking up the slack in the SS system for 40 years! It long past time we get the benefits we earned!
@neilkurzman49078 күн бұрын
@ It’s long past time for you to get something for nothing? The law that Reagan passed says you can’t double dip on a federal pension. If you wanted that change, you should’ve done it decades ago. So tell me, are you looking to get all of the federal double dipping pensions reinstated or just the ones that benefit you? And tell me after you get what you want and Social Security goes in solvent a few years earlier you’re just gonna take your $.78 right?
@DebbieTropiano8 күн бұрын
@@neilkurzman4907 Congresscritters have been trying to repeal WEP/GPO for years now and it's taken a LOT of work to get this far this time! If it's repealed, it would only add 1.3% to the current SSA spending but would also take lots of folks off other public assistance so that would offset some of it. And it would only speed up the date by 6 months. Now let's talk about the cap! Those are the folks who are causing much bigger problems with SSA but I don't see that being talked about!
@DebbieTropiano8 күн бұрын
@@neilkurzman4907 Also, we're not asking for what we didn't pay for (so not "something for nothing"). We paid into both SSA and our other retirement plans, so we deserve to get our full benefits from each.
@michellechick375114 күн бұрын
They did this in 1980s
@michellechick375114 күн бұрын
Been trying to get it repealed since then.
@YOUR-WORD-IS-YOUR-BOND17 күн бұрын
All government workers shouldn't get paid and stop their medical! I'm talking about in the White House, senators, governors, mayors, and so forth....
@michaelgreen303613 күн бұрын
Why? You wouldn't do those jobs without getting benefits.
@brianh935814 күн бұрын
At the very least they should get back what they paid in.
@Mcmannbev13 күн бұрын
If you paid into SS you should get it back. There are a lot of people that worked in the government, got great benefits, then went into the private sector. This is gonna hurt them.
@CraftPlanTeachRepeat17 күн бұрын
It’s time for people to band together to stop this nonsense! You worked all your life and they take your money then when it’s time to pay they don’t want to pay up. Unreal!
@YOUR-WORD-IS-YOUR-BOND17 күн бұрын
Republicans only stand with Trump
@PandaBeafr13 күн бұрын
WEP penalizes ANY city, county, state and federal employees. Many retired police officers are receiving $100 per month.
@michaelgreen303613 күн бұрын
No, it does not. If their government employer chose to participate in SS and takes the tax, there is no "penalty" at all.
@KimHarris-rg8pc15 күн бұрын
Just a way to keep us down really 2024
@boopthesnoot3016 күн бұрын
I'd bet if NOBODY filed taxes next year these assholes might try to do right. 🤷
@tonyagreathouse307716 күн бұрын
And the government get nothing cut. Keep taking our money. We keep making them rich.
@michaelgreen303613 күн бұрын
Leave the current law as is. It is completely fair the way it is. By the time I reach my normal retirement age at 67, I will have worked 51 years. SS will give me a benefit for only 35 of those years. They don't give me a second pension for the other 16 years that I paid in taxes. Those 16 years are completely gone like I never worked them, yet I paid the tax. WEP is exactly the same. Elimination of WEP is double dipping in the pension systems. If lawmakers are going to eliminate WEP, then their other Government pension should be cancelled and all deposits rolled into the SS system, and their single benefit recalculated using SS rules so they only get the one retirement like every other worker gets.
@taureanpov16 күн бұрын
People, use your common sense!!! The report is focusing on GA bc this is a GEORGIA local news station. 🙄
@glorywardlaw901414 күн бұрын
I have not read and listened to story. If you are not getting Social Security Retirement 98.98% your people in those Social Security offices have to take blame. Retirement is seperate from Social security Disability Insurance. The people working in n those Social security offices in your County have to know that. You don't need to be 62:to Retire and Those Reps have been lumping it together with Disability Social Security. It is wrong. You are the .02 Percent of blame if you don't know we that.
@glorywardlaw901414 күн бұрын
Correct 1.02% is your fault. School Assignment Home work assignment. We had to get our Social Security Statements but Parent had to do it. Public schools district. So we learned step by step. Every jumping on Disability but never paid and Social security in your district taking our Retirement Checks money earnings we paid taxes on Social security. Then The Department of Social Services did it to. Socialist Programs that defraud State Federal. You need a Social security number to apply and Department of Social Services really destroyed Retirement but Thank you God I knew it. I Retired 2004: Earnings enough work credits on books to Retire. My Retirement Is my money and the Social Security Representative said if you was injured in the last 1 year it is more. Now you won't continue to get SSI about 3: Years I know that but Retirement Checks is my Money. Still fighting it but I throw it right in there face until the Social Security office I Retired in has to be stay opened. I Retired here I said and you have to get my mail I send from this office.
@XX-qd6ke14 күн бұрын
Just raise, or even better... eliminate the cape on SSA payroll deductions.
@craiganderson798612 күн бұрын
You can thank Texas Representative Kevin Brady (R) (retired) for this legislation. He was very proud of it.
@kerrialexander421114 күн бұрын
Any talk of raising the salary cap in for SS?
@monicasaturn251414 күн бұрын
This is for everyone in every state .... 🖕😡 So billionaires can get another tax break
@DonaldMains13 күн бұрын
I doubt many billionaires were civil servants. Please study up before posting idiotic comments.
@monicasaturn251413 күн бұрын
@DonaldMains as a billionaire is going to be president and putting trillionaire in the Whitehouse along with some more billionaires... Kkkkkk
@monicasaturn251413 күн бұрын
@DonaldMains maby figure out exactly what is actually going on...
@DonaldMains13 күн бұрын
@@monicasaturn2514 I know what's going on, it's you who seems to have a problem with comprehending what is going on.
@DonaldMains13 күн бұрын
@@monicasaturn2514 What does "maby" mean? is that a foreign language?
@DebbieTropiano8 күн бұрын
There seems to be confusion about HR82. We are only asking for money that we already paid into social security not anything extra! For 40 years our earned social security benefits have been drastically cut only because, in addition to working a private sector job and paying into SS, we also chose to work in the public sector (firefighters, nurses, mail carriers, law enforcement, educators, etc)! Those careers are all needed in this country but are being affected due to the WEP/GPO! Who would want to choose to be a public servant knowing your future retirement benefits would be greatly reduced! Also, many of us didn't know until it was way too late to change our career and make other retirement plans! We were not told (only new employees since 2005, I think, are told about WEP/GPO). I was never told about it and didn't know until a few years ago and at 65 it's too late for me to do much about it now.
@BibbityBibbs17 күн бұрын
That’s just sick
@jameshurley22417 күн бұрын
If you worked a job that doesn't require you to pay ssi then why do you think you deserve it? You receive a federal pension, the rest of us don't. So explain to me about how unfair it is again 😂
@anopeninvitationwithsheila434817 күн бұрын
They say they had SECOND jobs that DID take out Social Security from their paychecks! They rightfully deserved to receive the Social Security they paid in for those SECOND jobs! The SECOND jobs DID NOT pay into their government pension!
@Ms_Sharpie17 күн бұрын
@@anopeninvitationwithsheila4348Exactly!!!
@Goddessrosiereed17 күн бұрын
You clearly didn’t watch the whole video. 😂
@bluestsea16 күн бұрын
Delete your comment and then watch it again lol
@DonaldMains13 күн бұрын
I literally can't believe the comments on this item. It seems like almost no one really understands what this bill would do. Some government employees receive large pensions they also did not need to pay social security taxes while accumulating these pensions. So after 25 or 30 years they retire with pensions far in excess of what they would have received in private industry all the while not paying social security taxes. Then they start a post retirement job that does require social security taxes to be paid. But rather than receive social security based on their government salary + private post retirement work. They get to calculate social security as if there government job didn't exist. That's why its called a windfall. So for all of you collecting a small social security check based on private sector employment this bill won't affect you and cause social security system to be weakened. Please do some basic research before posting idiotic comments like " I paid into social security so my life, now the government is trying to take it away from me" .
@pineda433311 күн бұрын
That seems the right way to do it. Get SS based on their SS contributions only.
@aaronjennings83852 күн бұрын
"It's my money..." While the Social Security program is established and governed by federal law, there is no legally binding contractual right that obligates the United States to pay Social Security benefits. You are not contractually owed benefits.
@os373418 күн бұрын
This is old news, put in by the Reagan administration. You know the GOP has always been for the people.
@user-bg2oi4bz3p17 күн бұрын
They get a pension and did not pay fica taxes.
@poipoichan17 күн бұрын
@@user-bg2oi4bz3p Before they used to get both
@neilkurzman490717 күн бұрын
@@user-bg2oi4bz3p This is for people who worked a second job besides their pension job.
@DebbieTropiano8 күн бұрын
@@user-bg2oi4bz3p I paid into both SSA and my own retirement plan. I deserve my full benefits from both!
@pamparker404718 күн бұрын
You just can’t win,🥺incredibly frustrating
@DianaChristensen-e2f13 күн бұрын
This is absolutely making me sick to my stomach
@Chinunit2217 күн бұрын
How is that legal? That's stealing
@VegasVaron13 күн бұрын
If they paid into SS they should get what they fair share.
@sctexan539212 күн бұрын
Are these the same people who want the high income earners to pay on more and not collect on that money?
@joltjolt506018 күн бұрын
We need "freedom dividends"
@Livelifebegrateful18 күн бұрын
We’re not going to have social security retirement in the future at all
@Crupett-c3c18 күн бұрын
And the elderly and disabled will be left to die.
@harrynguyen301417 күн бұрын
You better check with SS whatever you pay in you will get them when retire. Period.
@Livelifebegrateful17 күн бұрын
@ With the incoming administration it will get cut
@harrynguyen301417 күн бұрын
@@Livelifebegrateful Noone touch the SS not forever.
@Crupett-c3c17 күн бұрын
@Livelifebegrateful It is not the incoming administration. They are in partnership with Democrats. They are one party with 2 wings but they are a unified party.
@Michael_Thomas13413 күн бұрын
I have a pension from a job that I also paid into social security the entire time. No offset at all. All these jobs need to do is also deduct for social security.
@ckg-mr5uqКүн бұрын
Hmmm a person paid for years into social security but at retirement its a windfall if they have some form of earned pension?
@dustbunny382411 күн бұрын
We were not taught or informed that there were better options for funding retirement (investing, bonds, anything) when we were young, not taught that it was important. Now we are stuck with a history of companies we worked for closing 401ks that had our money, of company mergers where the looting companies considered retirement funds their bonus, it just goes on and on. People that have only SS for income are in a dark place, and don't have a lot of options now.
@pcvideos10017 күн бұрын
What about the money taken out of SSby Clinton and Bush, why isnt that put back in?
@kylemcphee565414 күн бұрын
It is not just them. It potentially all Federal employees
@dropbottoms44Күн бұрын
Wep took 20 grand of my pension in 2010! Im broke and disabled living on what they think i should get for social security. Less than minimum wage!
@nodata466217 күн бұрын
you get what you vote for
@yooh57712 күн бұрын
STOP THE FEAR
@timothybabcock971612 күн бұрын
Bang Bang Too those who are Ripping off the people who paid in…!!!
@PH-tv2sw13 күн бұрын
Good for them MAGA VOTERS
@MrEMT44662 күн бұрын
THEY'RE PLAYING WITH FIRE 🔥
@Daniel-r9r13 күн бұрын
Excellent. Now tell me again that it's not my problem.
@Sherry-v2r15 күн бұрын
This could be an issue each will have to resolve for its people. I believe other states are facing the same issue.
@yflegal650313 күн бұрын
They didn't pay into SS, and their pension is too generous.
@DebbieTropiano8 күн бұрын
I paid into both SSA and my own retirement plan. I deserve my full benefits from both!
@OGBlameErica14 күн бұрын
It will be reversed. It’s not okay they are being discriminatory against people!
@jefferystrong685211 күн бұрын
Don't feel bad Georgia. Due to the uneducated voting, the rest of us will lose all of our SS.
@brandyramos937211 күн бұрын
If you contribute to the SSI, then you should receive it. But if you didn't pay into it. Then good luck.😮
@lisarodarte6001Күн бұрын
That sounds like the end of the world. Who else has to look like Guatemala on the streets?
@roboparks3 күн бұрын
That's All they know how to do Take take and give free money to corporations. Your Government hard at work. Nothing but middle men for the Billionaire and multi-millionaire class.
@Keadil14 күн бұрын
For WEP to cause an overpayment they literally have to commit perjury, and conceal their income when it starts, lol! The misinformation about this stuff would be hilarious if it wasn't so pathetic. The lady claiming she paid into SSA, only did so for a small portion of her life. Trying to deplete the trust fund faster just to give an advantage to a small percentage of people that have another pension, which likely pays a lot more is not a good idea.
@philhiller-mn1gw2 күн бұрын
Public servants getting rich on the government. What is not to like?
@subvet6948 күн бұрын
Either they paid into SS and they are eligible, or they didn't have SS tax withheld and they aren't eligible.
@blazingphoenix100016 күн бұрын
Even if this wasn’t happening with SS and say it was a perfect system you still shouldn’t just rely solely on it you should have multiple forms of income when you retire like having a 401k and an IRA
@davidmerrill449617 күн бұрын
HEY ITS A LAW THAT SAYS PEOPLE THAT ARE RETIRED OR DISABLED HAS A RIGHT TO MONEY THEY PAID INTO FROM WORK IT HAS BEEN FOR DECADES NOW THATS LIKE PEOPLE GOING TO WORK FOR A WEEK EXSPECTING TO GET PAID AN THEY DIDNT HOW MANY DO YOU THINK WILL WORK THE NEXT WEEK WITH NO MONEY ........
@MytrekFleetwood13 күн бұрын
Lots of people ain't going to get it here soon
@GaryTurbo18 күн бұрын
Dam Brian Kemp
@Lordoftheapes7917 күн бұрын
So, has anyone bother to look into why this provision was added and by who? Or is this just another rapidfire argument leading to more bad decisions?
@Keadil14 күн бұрын
It's just another rapid-fire argument to lead to more bad decisions. It's also being pushed through by ignorant reporters on an unsuspecting and ignorant populace.
@michaelgreen303613 күн бұрын
Reagan administration. Do research as to why, and you will see it is fair.
@Theortricesiii17 күн бұрын
Damn and georgia was dedicated backing trump administration all in courtesy of your federal government marge and company or democratic payback.
@richardmolina527413 күн бұрын
They?have to out of thier damm mind. these people payed into it.
@s.williamc.3 күн бұрын
Year long reporting on social security over payments? How Republican of you.