Website: WEP&GPO... Social Security Fairness

[tonysam]

This is important for public employees in states which don't pay into Social Security and therefore second career public servants are screwed over ROYAL on both Social Security and their measly government pensions:

WEP&GPO... Social Security Fairness

[YvonneCa]

1. Thanks for the link. It is also a good idea...

...to do the LTTE at the NEA website.

[tonysam]

2. The proposal by Barney Frank looks a lot better

There are many of us who have worked in public sector work who are getting "cushy" pensions of less than $500 a month while we paid into Social Security for many, many years:

H.R. 726, introduced by Representative Barney Frank, would eliminate the WEP for
those whose combined monthly income from Social Security and the noncovered pension
was less than $2,500 in 2007 (indexed annually to the national average wage). The bill
would gradually phase in the provision for those who have a combined monthly income
of $2,500 through $3,334. For those with combined monthly incomes exceeding $3,334,
the WEP would remain fully applicable. SSA’s Office of the Actuary estimates that this
bill would cost $19 billion between 2008 and 2017 and in the long run would cost 0.02%
of taxable payroll (causing an increase in Social Security’s long-range deficit of about
1%).

If they are all worried about Social Security "solvency," then OUTLAW provisions for states "opting out" of Social Security.