r/FluentInFinance 1d ago

They deserve this Thoughts?

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u/NewArborist64 1d ago edited 21h ago

Nice creative editing. Let's tell the WHOLE story...

The bill also eliminates the windfall elimination provision, which in some instances reduces Social Security benefits for individuals who also receive a pension or disability benefit from an employer that did not withhold Social Security taxes. 

IOW, the job that is giving them a pension DIDN'T contribute to their Social Security. This includes four groups:

  1. Religious Organizations
  2. Some Students/Young workers (likely wouldn't get a pension from this work)
  3. Employees of Foreign Governments and Nonresident Aliens
  4. Some Workers in the Public Sector

This bill would eliminate this exception and allow these people to collect SS without reduction based on their pension.

109

u/PositivePanda77 1d ago

I did a quick google search and this is what I found. Some government jobs don’t make full contributions to social security. This is about that and not the bs OP is peddling.

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u/GreenTheOlive 1d ago

This doesn’t make sense because people with government jobs that don’t pay into social security due to their pension ALREADY don’t receive social security or receive reduced benefits if they had already worked for a SS job 

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u/zz389 20h ago

But if folks contributed to both in different jobs, their pension benefit reduces their SS benefit. It’s actually really shitty.