What Social Security Fairness Act means for your benefits

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WKMG News 6 ClickOrlando

WKMG News 6 ClickOrlando

Күн бұрын

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@willywold9090
@willywold9090 2 күн бұрын
No if you never paid into SS you wont get any with this. It’s for those that paid into SS at least 40 qualifying quarters who was denied SS or reduced 80%.
@cherylwillson-tb7vj
@cherylwillson-tb7vj 2 күн бұрын
Thanks for the clarification. I've been listening to quite a few videos and I believe many are off the mark and unintentionally giving out erroneous information.
@robedmund9948
@robedmund9948 2 күн бұрын
Spouses of those who paid in AND got a pension will also benefit from H.R. 82.
@jimfreyler2944
@jimfreyler2944 2 күн бұрын
The reduction for Civil Service (CSRS) workers is 2/3. The biggest bloc is likely retired postal workers like me who also put in their 40 quarters in pre- and post-employment with USPS.
@natureflixs1
@natureflixs1 2 күн бұрын
@@jimfreyler2944 It got me. Retired CSRS Park Ranger.
@chanphoieng1650
@chanphoieng1650 Күн бұрын
This is WEP case looks like: Persons have been required to deposit money into a housing contractor's accounts for years to save enough for the contractor to build a house for them. The contractor every year shows his customers the draft of the house designs and money accumulated in each account of his customers. When time is come, the contractor starts to build the houses for his customers. However, he completes only half job done of each house for his customers in contrary to his promise. The customers are upset and want to take legal actions. But the contractor told them that they can't do anything because it is the law of the land passed in 1983. So the customers shocked and awful... Now the customers hope that the law is repealed and forcing the contractor to finish the other half of the house...
@natureflixs1
@natureflixs1 2 күн бұрын
This report did not do a deep dive into the legislation. It effects only those who in addition to having a type job where social security was not withheld and also have at least 10 years (40 quarters) working at another job where they paid into social security. Under this scenario their SS benefits as well as their surviving spouse benefits have been cut by up to 66%. With WEP and GPO repealed full SS benefits commensurate with what they paid in to SS will be restored. It is expected to cost 190 billion for ten years shortening the timeframe that social security is expected to be broke by 6 months. Its a big deal for a small group of people who have been cheated out of their retirement benefits by the federal government.
@shelleymitchell2686
@shelleymitchell2686 17 сағат бұрын
The government is got tons of money we are not going to run out of money as long as we got printing machines so they need to stop
@jfflan127
@jfflan127 8 сағат бұрын
Thank you for stating this situation so understandable and straight forward. Our fellow Americans especially those that get SS should thank us WEP and GPO victims for helping support and shore up the SS trust fund for the last 41 years. You're welcome! SIGN THE BILL NOW JOE!
@Kelsey544
@Kelsey544 8 сағат бұрын
🎯
@paulm8885
@paulm8885 2 күн бұрын
No this is not for folks who haven't paid into SS. You had to have paid the minimum # of years and quarters into SS.
@davidgavney6711
@davidgavney6711 16 сағат бұрын
Unless you're a spouse, never paid in social security (but worked in a pension job that didn't contribute), and now get full spousal or survival benefits because of elimination of GPO.
@emmacollins6956
@emmacollins6956 13 сағат бұрын
Spouses have always gotten full spousal or survivor benefits if they didn’t work at all. It’s only if they work in a pension they are denied or reduced benefits because of GPO.
@Daysleeper1000
@Daysleeper1000 11 сағат бұрын
@@davidgavney6711 and ... There are people who never pay into social security and get SSI. What is your point?
@davidgavney6711
@davidgavney6711 8 сағат бұрын
@@Daysleeper1000 This is for people who worked pension jobs and didn’t contribute to social security, yet will get spousal or survival benefits. Nothing to do with SSI.
@Daysleeper1000
@Daysleeper1000 8 сағат бұрын
@davidgavney6711 actually, it is for those who paid SS and had their benefits reduced. You can't get SS if you don't work enough credits. SSI is another story.
@davidconley3610
@davidconley3610 2 күн бұрын
You have to work under social security 40 quarters or 10 years to qualify for it.
@Daysleeper1000
@Daysleeper1000 Күн бұрын
But most of these people work 25 years paying into social security. You have to remember that. They worked in low-paying public sector jobs. Including the military. They paid into the system.
@kevinw7560
@kevinw7560 Күн бұрын
NO
@PunkinPistolero
@PunkinPistolero 11 сағат бұрын
I worked 20 yrs in the public sector and 25 in the government. They decimated my SS with the WEP when I retired.
@davidconley3610
@davidconley3610 8 сағат бұрын
@ Me too!
@arnoldtrogman
@arnoldtrogman 2 күн бұрын
It's 189 billion over 10 years. ... Not 900 billion dollars. Why don't you get your facts straight before you open your pie holes?
@natureflixs1
@natureflixs1 2 күн бұрын
Exactly.
@The3wheelin
@The3wheelin Күн бұрын
Typical pig response...
@jfflan127
@jfflan127 8 сағат бұрын
Right on!
@davidfarina2448
@davidfarina2448 Күн бұрын
When my wife retired as a 29 year school kitchen manager in a public school! She also worked a second job for years . Her pension was 200$ dollars higher than her SS! We lost 900$ a month when she retired and claimed her pension! That’s what WEP and GPO did to us. Some states made up for it, but Ohio didn’t.
@Karen-y1z7s
@Karen-y1z7s Күн бұрын
WEP reduces over half of my legally and lawfully supported Social Security benefits. I contributed to Social Security working 20 years in private education, and I contributed to a teachers’ pension working 24 years in public education. WEP eliminates over half of the SS from the 20 years of teaching. The GPO eliminates all spousal benefits, so if my spouse predeceases me, the GPO negates any benefits that others would receive. The newscasters, unfortunately, did not explain the HR 82 accurately, hinting that folks who did not pay into SS would not receive it. That is inaccurate.
@James-p8u
@James-p8u Күн бұрын
I’m getting a raise from my 400 dollar a month SS payment
@jfflan127
@jfflan127 8 сағат бұрын
Me too. WEP victim here. I got $5 COLA and my SS went to $445.
@TreeofLife-r3d
@TreeofLife-r3d 7 сағат бұрын
Q Update: expected to be signed January 5, 2025 at 4:00pm Q
@RandyCochran-p6n
@RandyCochran-p6n 2 күн бұрын
190 billion. Not 900
@kienpham4934
@kienpham4934 2 күн бұрын
I can’t believe she got this number wrong, did she misspeak or was uninformed? 190 billion not 900 billion
@davidgavney6711
@davidgavney6711 16 сағат бұрын
Also over ten years!
@rjahn3000
@rjahn3000 Күн бұрын
They have no idea what they are talking about!
@TheSeventhmillennium
@TheSeventhmillennium Күн бұрын
Everybody paid into it and we've had our SS reduced by half. You think that was fair?
@jfflan127
@jfflan127 8 сағат бұрын
No NEVER.
@johnstreety8934
@johnstreety8934 Күн бұрын
Why not a "THANK YOU" for the people who gave to Social security since 1983 to help Social security to last this long because of the WEP/GPO law,was giving money to Social Security without receiving no benefits in return.
@kevinparker7707
@kevinparker7707 13 сағат бұрын
This is great!! I paid into SS same as everyone else and due to WEP had my SS was reduced. I am so please they have finally rectified this bad situation.
@jfflan127
@jfflan127 8 сағат бұрын
Not until Joe signs the bill. SIGN THE BILL NOW JOE!
@patrickhahn6795
@patrickhahn6795 2 күн бұрын
Question. Social security has been taken out of my pay checks over the years. I am retired. I get a reduced social security check. I was told that my social security check was reduced because I receive other retirement benefits. With the passing of this bill will I receive my monthly full social security benefits?
@Hoybabe1
@Hoybabe1 2 күн бұрын
From what I understand that’s what this bill does. They won’t be reducing the social security because of a pension
@terminator7832
@terminator7832 2 күн бұрын
Yes
@dianep6791
@dianep6791 Күн бұрын
Yes, I'm all for it! 39 years, Federal government employee. 30 years in the reserves, worked several part time jobs, and I only receive $320.00 not the $880.00 my yearly statements showed.
@terminator7832
@terminator7832 Күн бұрын
Retroactive from 2024, you will have a lump sum check from social security soon.
@prsv6773
@prsv6773 20 сағат бұрын
This piece is totally misleading and it is obvious that they don’t have a clue about social security benefits. This piece is inaccurate and should be removed.
@cherylharris7003
@cherylharris7003 2 күн бұрын
If you did not pay into SS, you won’t get any benefits unless your spouse paid for you and you are entitled to half his or her benefits
@PunkinPistolero
@PunkinPistolero Күн бұрын
This effected me and Im thankful I waited till February 2024 to file for my benefits. Im going to get all those months retro except for one and a 587. Increase monthly. I needed this with the cost of food and meds so much higher.
@GG-rj6gq
@GG-rj6gq Күн бұрын
The SS Advisor older gentleman at the first half is correct. However, these news reporters are stating misinformation as usual. The cost is 196 billion and not 900 billion as she stated and over a 10 year span which she fails to mention. At least do the research news reporters and know what you are talking about on air. This is why people are leaving these channels because of a lack of professionalism and sheer laziness thus providing misinformation. You should provide an update with accurate information.
@margaret0847
@margaret0847 2 күн бұрын
A widow would get it Social Security if her husband before he died had paid into social security over the appropriate amount of time allowed by law.
@dougied4790
@dougied4790 Күн бұрын
Worst explanation/reporting on this topic I’ve heard. So much misinformation.
@sparkyspirit3453
@sparkyspirit3453 2 күн бұрын
I was affected and I paid in soc sec working for Michigan State Government!
@patrickhahn6795
@patrickhahn6795 Күн бұрын
I worked and social security taken out of my paycheck. Worked where a pension and social security was taken out of my paycheck. Now retired. I should get $1000 but am only receiving $362 because I have of pension plans
@kevinharris5737
@kevinharris5737 Күн бұрын
I have a Civil Service pension from the Post Office, but prior to my employment there I earned 40 Quarters from other jobs I had, my monthly SS Payment is $251.00 a month, not sure how much more I will be entitled to.
@porchswing401
@porchswing401 Күн бұрын
It shouldn’t have affected you if you paid into SS for all the necessary quarters. I would file a File form Reconsideration SSA 561. Ask to speak with a title 2 specialist. If they calculated wrong, you should get back pay
@jfflan127
@jfflan127 8 сағат бұрын
@@kevinharris5737 You will surely get something if Joe signs the bill.
@jeffwagnerredmountainash5324
@jeffwagnerredmountainash5324 18 сағат бұрын
A lot of police, firefighters and teachers had to work additional jobs just to stay in their profession. I am a retired teacher who paid in to Social Security well over the 40 quarter minimum requirement in addition to my teacher pension. I have been retired 8 years and have been penalized approximately 66% of my earned Social Security benefit during this period of time. Meanwhile my teacher retirement does not do yearly COLA’s. So I have a lot less purchasing power today than I had when I retired. The expert they interviewed on this video was very accurate. However, the anchors made numerous mistakes as listed in other comments.
@margaret0847
@margaret0847 2 күн бұрын
NW Ohio here 🙏🏻 ♥️ 🇺🇸
@emmacollins6956
@emmacollins6956 13 сағат бұрын
It will not cost 900 billion dollars, it will cost 196 billion to be paid in ten years. Please be factual.
@porchswing401
@porchswing401 Күн бұрын
The newspeople gave the wrong information about social security. You need to make the corrections live on tv. Get your facts straight before broadcasting to the public
@randymarcum6097
@randymarcum6097 Күн бұрын
Reporter has no clue Do your homework before giving out false information.. ANYONE getting back money that was already theirs has paid in SS for 40 quaters. NO ONe who has not paid into SS is getting money because of this act
@nancyl6745
@nancyl6745 Күн бұрын
Why don’t you do some research? I know what you’re talking about everybody who’s affected by WEP worked and paid Social Security benefits. I would say that most of us had other full-time jobs before we got the jobs that did pay Social Security the point is we paid our Social Security and WEP took 2/3 of it. No one is gonna get money that was taken from WEP if they didn’t pay Social Security I paid in enough to earn $1000 a month of Social Security, but the WEP took 600 a month of that I also paid into Medicare my whole life so there is nobody that’s gonna get the wEP money who is getting money they didn’t earn in fact I’m happy they’re gonna give me a year of backpay, but that won’t make up for the five years of Social Security money. I will never get back that I paid Into and you’re talking about never getting it maybe for you while there are people who lived and died and it was never fixed in their lifetimeso you should know more about this before you talk about it on the news
@PunkinPistolero
@PunkinPistolero 11 сағат бұрын
Retro checks for a year....587*12=7044 😮🎉😅
@terrigorsky5098
@terrigorsky5098 Күн бұрын
I have 21 years in SS and was reduced by about half.
@gracewalker1822
@gracewalker1822 Күн бұрын
I AM CURIOUS, DOES THIS SS FAIRNESS ACT INCLUDE THE TEACHERS AIDES THAT WORK WITH THE TEACHERS. IN NYC.😮
@NatureBoy12100
@NatureBoy12100 14 сағат бұрын
Was any money you received as a teacher's aid taxed by social security during the time you received it and are you eligible for a pension from the state of New York, The answer to these questions will let you know if this affects you. If the answer is no and yes, and you worked in this situation for 10 years or more , then you are included in the WEP repeal, if the answer is yes and (yes or no) then WEP does not apply to you.
@Po1itica11yNcorrect
@Po1itica11yNcorrect 23 сағат бұрын
The Social Security Fairness Act punishes me! I'd prefer it if they had just kept the WEP and repealed the GPO.
@NatureBoy12100
@NatureBoy12100 15 сағат бұрын
How is it punishing you? The repeal of the WEP & GPO should not affect any one else, only the people who had their benefits reduced.
@CAT-pi1he
@CAT-pi1he 9 сағат бұрын
No. I worked 25 years full-time paying INTO SS and my deceased husband worked full-time 43 years paying into SS. Later in life I worked in a school and earned a small pension. So, being a widow I lose ALL of the SS I paid for 25 long years. Then SS deducts 2/3 of my pension from my late husband's who died at 59 and never got to collect. So, I have lost all my SS and most of his due to GPO, so yeah, I will now get the SS my husband earned and never collected. SS IS now going to be FAIR.
@Po1itica11yNcorrect
@Po1itica11yNcorrect 9 сағат бұрын
@CAT-pi1he That's my point. Get rid of the Government Pension Offset. As far as repealing the WEP, doing so punishes those of us who paid Substantial Earnings into Social Security and were close to the 30 years needed to not have the WEP nagstively affect us. Now, after all those years, REPEALING the WEP punishes those like me. Because I worked two jobs (70-80 hours a week for decades), made more money because of it, and will make less in SS as soon as they tweak the SSFA before 2033, and I'll get less than the 80% I was going to get under the WEP formula.
@Po1itica11yNcorrect
@Po1itica11yNcorrect 9 сағат бұрын
@@CAT-pi1he Meanwhile, my brother-in-law who rarely worked a side jobs and contributed into SS will see a $600/month increase. Mine is a $49/month increase.
@CAT-pi1he
@CAT-pi1he 9 сағат бұрын
@ The increases are based on contributions, sorry, but unless you are an accountant for SS, you have no idea what others actually contribute.
@Karen-y1z7s
@Karen-y1z7s Күн бұрын
No-if you did not pay into Social Security you do not get Social Security. Also, WKMG - please correct spelling on “receive”
@cjpags5984
@cjpags5984 2 күн бұрын
Only those workers who EARNED 40 quarters are eligible! Lies
@jfflan127
@jfflan127 8 сағат бұрын
Oh you got a problem with widows and widowers collecting SS from their deceased spouse. GPO took care of that.
@ChrisKearney-c2p
@ChrisKearney-c2p Күн бұрын
It’s all bs
@mslaze5372
@mslaze5372 Күн бұрын
We paid into ss also
@margaret0847
@margaret0847 2 күн бұрын
Not true
@Daysleeper1000
@Daysleeper1000 2 күн бұрын
Regarding WEP, yes. True.
@adelrosas6380
@adelrosas6380 2 күн бұрын
Why haven't been paying into social security
@Daysleeper1000
@Daysleeper1000 2 күн бұрын
I paid a total of 29 years SS: 25 private sector plus 4 years serving my country in the armed forces. I then worked 10 years for a small municipality paying into a pension. So. I paid. Lost half my SS.
@libertatem_aut_mori_conatur
@libertatem_aut_mori_conatur 2 күн бұрын
If you didnt pay in, stay in your pwn lane with private pensions
@outdoorgal9602
@outdoorgal9602 2 күн бұрын
If someone did not put in at least 40 quarters (10 years) they are not eligble.
@Daysleeper1000
@Daysleeper1000 Күн бұрын
We paid. I paid 29 years. I served my country for 4 years ( did you?) and another 25 years in the private sector as well, paying into social security. I've been work 10 years in the public sector for a local municipality, making low wages and a small pension, paying into that pension. Some of us have to move to care for our parents. We served our communities, we served our country. We deserve this.
@libertatem_aut_mori_conatur
@libertatem_aut_mori_conatur Күн бұрын
@Daysleeper1000 you got a GPO? And why wouldn't you qualify? I'm talking about those that didn't pay in, getting double everyone else (97 percent) and a 24 k backpay, on an already crippling budget, at he cost of those that did pay in
@Daysleeper1000
@Daysleeper1000 Күн бұрын
@@libertatem_aut_mori_conatur there are a lot of people who did not pay into social security, like SSI who get benefits. These people who are getting social security that this hr-82 is about, paid into social security.
@terrigorsky5098
@terrigorsky5098 Күн бұрын
No one will get it unless they have the minimum. 20 quarters or more just like everyone else.
@kevinw7560
@kevinw7560 Күн бұрын
WRONG
@Po1itica11yNcorrect
@Po1itica11yNcorrect 23 сағат бұрын
40 quarters (10 years).
@John-ep8yk
@John-ep8yk Күн бұрын
So then through all the crap together and make it for everyone Stop screwing S.S.
@davidfarina2448
@davidfarina2448 Күн бұрын
The Federal Government took 1.7 trillion from the SS Trust fund and haven’t paid it back! Google it and you’ll see what I’m referring to! They feed all of us BS and tell us it’s flavored protein! South end droppings from a north bound Bull!
@davidfarina2448
@davidfarina2448 Күн бұрын
When my wife retired as a 29 year school kitchen manager in a public school! She also worked a second job for years . Her pension was 200$ dollars higher than her SS! We lost 900$ a month when she retired and claimed her pension! That’s what WEP and GPO did to us. Some states made up for it, but Ohio didn’t.
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