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View Diary: Luke Russert is an Insufferable Twit (359 comments)

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  •  I didn't realize that some states exempt .... (2+ / 0-)
    Recommended by:
    Aunt Pat, sethtriggs

    teachers from paying into Social Security.
    Do you know how or why that industry is exempt? And are there other classes of workers that are exempt?

    I share a birthday with John Lennon and Bo Obama.

    by peacestpete on Thu Dec 27, 2012 at 03:05:32 PM PST

    [ Parent ]

    •  I have worked 2 (5+ / 0-)

      California division of forestry
      State paid in home support services
      Both with no pensions, minimumish wages
      So big hit to my SS
      Gotta keep taxes low

    •  Many railroad workers do not (8+ / 0-)

      pay into Social Security but a railroad retirement fund.

      Sometimes the magic works, sometimes it doesn't.... (then it's on to Plan B or more duct tape).

      by Aunt Pat on Thu Dec 27, 2012 at 03:41:05 PM PST

      [ Parent ]

    •  Some employees of churches. (2+ / 0-)
      Recommended by:
      sethtriggs, peacestpete

      Couldn't tell you who or why.

      Some DKos series & groups worth your while: Black Kos, Native American Netroots, KosAbility, Monday Night Cancer Club. If you'd like to join the Motor City Kossacks, send me a Kosmail.

      by peregrine kate on Thu Dec 27, 2012 at 04:33:21 PM PST

      [ Parent ]

    •  Police officers and firefighters in most places (6+ / 0-)

      don't pay into Social Security, but that also varies from state to state. In Ohio they don't pay into Social Security but pay 10% (going up to 12.25 %) into a self-funded pension. Since they don't pay into Social Security, they don't receive any Social Security benefits. Which means if you get rid of the pensions, they will get absolutely nothing. In those states where public employees do pay into Social Security they pay in the full amount but don't get the full amount when they retire. They get dinged for having a government pension and the Social Security amount is reduced dependent on the amount of the pension.

      •  Exactly, Ohio Public Employees like my aunt (2+ / 0-)
        Recommended by:
        peacestpete, schnecke21

        get a decent pension and what I consider an excellent health plan (at 94, she pays $100/month for health), but no SS.

        When Governors like Kasich try to dismantle these plans, the general public often assumes that a lot of undeserving clerical workers are getting the pension and health on top of SS.

    •  I worked as a teacher in DeKalb County in Georgia, (3+ / 0-)
      Recommended by:
      peacestpete, gffish, wu ming

      starting in 1981. They were exempt from Social Security. It was my understanding that they convinced the powers that be they could provide same services as Social Security on their own. So they bought a tax-sheltered annuity in each person's name and contributed each month, bought a life insurance policy that was active as long as you worked for them, and bought a long-term disability policy for you. They said they could do this cheaper than contributing to ss. I heard that lately there has been a big controversy because they quit making annuity contributions. And yes, I took a big hit on SS benefits when I retired. Besides earning less because of less years worked under SS, have a big chunk taken out due to formula and earning a pension for work not covered under SS.
      Also, I have a nephew teaching in Lexington, Kentucky and he insists they are not allowed to collect SS.
      So, once again, someone who makes a big salary is eager to give away teachers' pensions because, you know, we make so much for so little work. I'd love to see them work teachers' hours for our pay and then say, take away my pension.

      •  Wow, I never knew any entity could withdraw... (0+ / 0-)

        from the SS system.
        It's strange to learn how many school systems did.
        That was the Republican argument - People would get more for their $ if they could invest it in the stock market instead of the government-sanctioned SS program.
        I'm glad I put into SS all my years of working. My spouse is collecting. I will collect as soon as I can. It's pretty much something to depend on.

        I share a birthday with John Lennon and Bo Obama.

        by peacestpete on Thu Dec 27, 2012 at 07:51:10 PM PST

        [ Parent ]

    •  Because they pay into pension system (0+ / 0-)

      In Mass., teachers pay 11% of their paycheck into their retirement.

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