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-   -   Social Security increase (http://forums.pelicanparts.com/off-topic-discussions/1150930-social-security-increase.html)

stevej37 11-29-2023 10:55 AM
Quote:
Originally Posted by MMARSH (Post 12141800)
Yes Sir, you are correct. Pension Plan.
I still don't understand.
I have a pension plan that I built up with almost 40 years of service...but I was never given the opportunity to not pay into social security.
Are some states different than others for that?

GH85Carrera 11-29-2023 11:22 AM
My understand is only certain Federal employees could skip Social Security and Medicare taxes. Of course congress exempted themselves and set up much better (for them) plan.

MMARSH 11-29-2023 03:38 PM
Quote:
Originally Posted by stevej37 (Post 12141830)
I still don't understand.
I have a pension plan that I built up with almost 40 years of service...but I was never given the opportunity to not pay into social security.
Are some states different than others for that?

State and local government employees who are covered under a public retirement plan do not need to pay twice by paying into Social Security. So for over 30 years I didn't pay into SS. and I don't have the minimum 40 credits to receive any SS benefits.

The good thing is you'll be able to get both your Pension and your SS benefits.

stevej37 11-29-2023 03:46 PM
Ok...I see
Thanks.

The Synergizer 11-30-2023 12:46 AM
A little misleading ...


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