View Poll Results: should you get gov retirement and SS

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38. You may not vote on this poll
  • yes you deserve both

    30 78.95%
  • No, get only your cushy gov retirement.

    8 21.05%
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Thread: Should retired government workers get SS

  1. #21
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    Re: Should retired government workers get SS

    Quote Originally Posted by MaggieD View Post
    If you are correct that they pay into social security, then they get two pensions.

    Congressmen:



    Congressional pension - Wikipedia, the free encyclopedia
    Exactly and that is double dipping.

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    Re: Should retired government workers get SS

    Quote Originally Posted by earthworm View Post
    True, do you think that there is anything wrong with this ?
    Doesn't matter what I think; it is what it is.
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    Re: Should retired government workers get SS

    Quote Originally Posted by sawyerloggingon View Post
    I think if you are getting 70% of your pay for the rest of your life SS should be null and void. You are already getting more than your fair share of tax payer dollars for a job you were overpaid for in the first place.
    A federal worker would need to have had 37 years of service to receive a pension equal to 70% of the average of his highest three years of salary, and that option applies only to some workers who were hired (or elected) prior to 1983. That 37 years doesn't leave a whole lot of time to be out accruing the additional 40 quarters of work covered by Social Security that are needed in order to qualify for an SS pension, and those few who might manage it are hit by stiff offset penalties that make sure they don't actually receive the benefits they have paid for.

    On average, federal workers are paid at rates that are about 20% below what they would earn in the private sector for comparable work. They do receive benefits that may appear generous, especially as the private sector continues to allow and even supports the oligarchy's stripping away of what were once even cushier benefits. So, no more gold watch, but thank god you don't have to pay union dues or have anyone to turn to when management screws you over.

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    Re: Should retired government workers get SS

    This is particularly true for judges and politicians.
    I'd go for unpaid politicians.....but this is going too far the other way...I do know that several generations ago, the Maine state congressmen were not paid for their "service".
    Quote Originally Posted by sawyerloggingon View Post
    I think if you are getting 70% of your pay for the rest of your life SS should be null and void. You are already getting more than your fair share of tax payer dollars for a job you were overpaid for in the first place.
    IMO, they are overpaid by a factor of 2X.....That the law allows them to vote on their compensation for what little they do...
    Talk about the need of reform.....
    Last edited by earthworm; 03-09-13 at 01:43 PM. Reason: ir omitted

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    Re: Should retired government workers get SS

    Quote Originally Posted by Diogenes View Post
    Because SS was initially set up as a Ponzi scheme and has never been changed.
    A nice example of laughable garbage. Ponzi schemes fail because they lack access to a reliable income stream. If Charles Ponzi had actually beeen able to make money out of international postal-coupon arbitrage, his company might still be around today. But he couldn't, so it failed in six months instead. Social Security has been around for 75 years and will be for at least that long again. This is because it is plugged into perhaps the laregst and most reliable income stream in world history -- the wages of US workers. Social Security will continue to have income for as long as American workers do.

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    Re: Should retired government workers get SS

    Quote Originally Posted by Cardinal Fang View Post
    On average, federal workers are paid at rates that are about 20% below what they would earn in the private sector for comparable work. They do receive benefits that may appear generous, especially as the private sector continues to allow and even supports the oligarchy's stripping away of what were once even cushier benefits. So, no more gold watch, but thank god you don't have to pay union dues or have anyone to turn to when management screws you over.
    Not quite:

    Federal employees earn higher average salaries than private-sector workers in more than eight out of 10 occupations, a USA TODAY analysis of federal data finds. Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector.

    Overall, federal workers earned an average salary of $67,691 in 2008 for occupations that exist both in government and the private sector, according to Bureau of Labor Statistics data. The average pay for the same mix of jobs in the private sector was $60,046 in 2008, the most recent data available.
    Federal pay ahead of private industry - USATODAY.com
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    Re: Should retired government workers get SS

    Quote Originally Posted by MaggieD View Post
    If you are correct that they pay into social security, then they get two pensions.

    Congressmen:



    Congressional pension - Wikipedia, the free encyclopedia
    Who the heck relies on social security as their only retirement?

    Yes, before 1984 there was a different system and Fed employees didn't pay into SS, but it became much less generous and they pay into SS

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    Re: Should retired government workers get SS

    Quote Originally Posted by pinqy View Post
    Who the heck relies on social security as their only retirement?

    Yes, before 1984 there was a different system and Fed employees didn't pay into SS, but it became much less generous and they pay into SS
    Thank God!! it became much less generous.

    As to "Who the heck . . ." You must live in a bubble.
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    Re: Should retired government workers get SS

    Adjunct to my quote above re Federal wages. Here's another quotation from the same link:

    These salary figures do not include the value of health, pension and other benefits, which averaged $40,785 per federal employee in 2008 vs. $9,882 per private worker, according to the Bureau of Economic Analysis.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Should retired government workers get SS

    Quote Originally Posted by jimbo View Post
    But you are right. The first recipient had never paid a dime into the system.
    But he did pay a nickel for the one day that he worked under SS before he retired. Those "didn't pay a dime" people were lying to you by hiding behind the literal truth of a figure of speech. You fell for it. Nice going!

    Quote Originally Posted by jimbo View Post
    Roosevelt believed that people would become willing participants if they had an expectation that they would get back the investment at a future date. Ponzi would have been proud.
    Dingbatism abounds here. One expects to get back only the money one puts into a freaking coffee can or stuffs under the mattress. Even a short-term CD or passbook savings account returns more money than what one paid in.

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