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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 02-10-2009, 03:53 PM   #1
fishbones
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Quote:
Originally Posted by sokinwet View Post
"how about eliminating the pensions for state workers? Most public companies have. Right there , you'd save enough to fund the improvements."

Yea Jimmy...and why don't we just eliminate your social security benefits too....been paying in for your whole career. I don't give a damn...
I'm not trying to be flip here, but do state employees pay into and receive social security benefits as well as their pensions?

Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio
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Old 02-10-2009, 04:02 PM   #2
Mike P
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Quote:
Originally Posted by fishbones View Post
I'm not trying to be flip here, but do state employees pay into and receive social security benefits as well as their pensions?
No, we do not pay into SS. We can receive SS retirement benefits only if we paid into SS from earlier employment. We have our own pension fund, and we have to work 10 years to vest.

After 20 years the pension benefit is 80% of your last year's salary---fully taxable.

Wise men speak because they have something to say; Fools, because they have to say something.
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