Proposed new gas tax

[RIJIMMY]

Originally Posted by sokinwet

"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...

who pays in to a pension? Its funded by the government, aka, taxpayers, aka me and you. The time needs to come soon where the public employees need to have the same benfits as those that pay their salaries. Many firms in the public sector are eliminating 401k match, and other perks to save money. The state may need to do that to, is that such a radical idea?
And by the way, my social security has been eliminated.

[Mike P]

Originally Posted by RIJIMMY

And by the way, my social security has been eliminated.

Really??--under what exemption from paying into it do you and/or your employer fall?

Wages not subject to tax

Workers are not required to pay Social Security taxes on wages from certain types of work:[102]

Wages received by certain state or local government workers participating in their employers' alternative retirement system.

Net annual earnings from self-employment of less than $400.

Wages received for service as an election worker, if less than $1,400 a year (in 2008).

Wages received for working as a household employee, if less than $1,600 per year (in 2008).

Wages received by college students working under Federal Work Study programs, graduate students receiving stipends while working as teaching assistants, research assistants, or on fellowships, and most postdoctoral researchers.

Earnings received for serving as a minister (or for similar religious service) if the person has a conscientious objection to public insurance because of personal religious considerations, but only for "qualified services" performed for a religious organization.
Other minor exceptions

[likwid]

Originally Posted by RIJIMMY

Many firms in the public sector are eliminating 401k match, and other perks to save money.

God bless working for a privately owned 100% matching company.