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Ward
06-12-2003, 08:13 AM
I recently read a article in the Dallas Morning News taken from the Cencus Bureau that stated by the year 2010 there would be 30 million Boomers turning 65 and that 74% of those would register to vote. They quoted another demographic that stated that individuals between the ages of 21-25 voted at a rate of 24%.... It looks like the old folks will control the polls, doesn't bode well for SS reform. Socialized Medicine anyone....

eg8r
06-12-2003, 09:01 AM
[ QUOTE ]
It looks like the old folks will control the polls, doesn't bode well for SS reform. <hr /></blockquote> You are correct, they will vote their butts off for the first person to stand up for Social security. /ccboard/images/graemlins/smile.gif If a candidate states, "During my term I intend to increase the amount of SS benefits to all those that receive SS." You can bet your butt off the Senior citizens will vote for that person.

Which is a good reason to get that all cleared up before that time comes around. I personally would like to keep my own SS tax and save it my way. The government only earns like 1 or 1.5% on the dollar anyways. I can do better than that with a savings account at my local bank. /ccboard/images/graemlins/laugh.gif

eg8r

Ward
06-12-2003, 09:06 AM
Eg89

If they control the polls they will make any modifications that they wish...Better be nice to the old folks

Later

Qtec
06-12-2003, 09:14 AM
eg8r, you never cease to amaze me! These old ladies ; are these the same old ladies that were on the jury at TULIA . /ccboard/images/graemlins/smirk.gif
I know that i can speak for the rest of the world when I say that scares me. /ccboard/images/graemlins/tongue.gif
I have this vision of GWB on his charriot being pulled along by old ladies ,with blue rinses, armed to the teeth .

Q /ccboard/images/graemlins/grin.gif

Wally_in_Cincy
06-12-2003, 09:32 AM
Exactly why do you think you are qualified to interpret American politics when you don't even live here? And tell me please, why do you hate George W. Bush? And don't say "Because he's a cowboy" Be more specific.

Wally_in_Cincy
06-12-2003, 09:36 AM
<blockquote><font class="small">Quote Ward:</font><hr>
It looks like the old folks will control the polls, <hr /></blockquote>

They already do /ccboard/images/graemlins/laugh.gif

<blockquote><font class="small">Quote Ward:</font><hr>
doesn't bode well for SS reform. <hr /></blockquote>

Well maybe this upcoming demographic trend will be the impetus required to institute SS reform. hey I'm optimistic /ccboard/images/graemlins/smile.gif

<blockquote><font class="small">Quote Ward:</font><hr>
......Socialized Medicine anyone.... <hr /></blockquote>

No thank you /ccboard/images/graemlins/wink.gif

eg8r
06-12-2003, 09:57 AM
[ QUOTE ]
eg8r, you never cease to amaze me! These old ladies ; are these the same old ladies that were on the jury at TULIA .
I know that i can speak for the rest of the world when I say that scares me.
I have this vision of GWB on his charriot being pulled along by old ladies ,with blue rinses, armed to the teeth . <hr /></blockquote> I am beginning to wonder if you somehow had something riding on the outcome of the Tulia stuff. You keep brining it up and it serves no purpose to the thread. Is that all you have on GW (is it really GW's fault?)?

Also, this thread is talking about the year 2010. If GW does not win this next election, do you really think he will be back for the following one? Do you even understand that the Republican party is looking to reform SS (GW wanted to take out less SS from our paychecks and allow us to invest it privately), not increase it. These little old ladies will be looking to increase SS. Now do you think that will be part of a Republican's speech? I don't.

eg8r

Sid_Vicious
06-12-2003, 09:59 AM
I won't quite be in that age bracket IN 2010, but I'll be highly motivated to begin to get on their bandwagon and vote for SS benefits, no matter what flavor of political belief the candidate is they're getting my vote if I can feel like SOMEBODY is going to at least stand up and state that he/she will be willing to address SS and the Boomers. What I have seen so far is politicians putting it off, like it's just going to go away, and I REALLY get pissed when I hear somebody simply saying "I doubt SS will even be there for me when I retire." I paid a lot of money into that over my lifetime, and damit, that fund should have been sheltered. As far as GW letting us invest part of our money instead of the government collecting all of it...George's idea was to allow individual investment into the stock market. Now THAT was a disasterous idea as it turns out, and that idea would only lessen what my bucket would have in it since the "system" I'm in works(supposed to anyway) like it has so far! I'm far more of a mind to keep collecting all of it like it has been,,,just shelter it so-as to guarantee me that my checks will be in the mail when I retire...sid~~~says "Pass the Polident and SHOW ME THE MONEY!"

eg8r
06-12-2003, 09:59 AM
This is exactly what I said. /ccboard/images/graemlins/smile.gif They better hope it is not Hitlary they are voting for, she does not give them anything they ask, just ask NY. /ccboard/images/graemlins/smile.gif Seems the NY Democrats are not very happy with Hitlary.

Like I said before, if they are the majority, then they speak louder. Now is the time to fix that before it becomes a 74% problem at the polls.

eg8r

highsea
06-12-2003, 11:13 AM
<blockquote><font class="small">Quote Wally_in_Cincy:</font><hr> Exactly why do you think you are qualified to interpret American politics when you don't even live here? And tell me please, why do you hate George W. Bush? And don't say "Because he's a cowboy" Be more specific. <hr /></blockquote>

Tap,Tap,Tap

JPB
06-12-2003, 11:31 AM
There is a good chance that we will have a financial disaster sometime between 2010 and 2015 because of this. The years of immoral socialism will catch up to us all at once. We won't address the problem. Also, do you know what's going to happen to the market when boomers all have to withdraw from their 401k's? There's a very real chance that the market will crash and the tax burden on the non-freeloaders will go up because of the whining by old people. Social Security is wealth redistribution by force. Pure and simple. It isn't an investment program or anything else. I hope to be out of the market and have cash when the boomers hit retirement age. I will try to be retired myself. I don't want to be paying social sec taxes then. Could rise to like 50-60% tax in a depressed economy. Things might get bad enough that free people with money who make this country work will go to foreign investment and perhaps leave the country. Atlas Shrugged on a practical scale.

Rich R.
06-12-2003, 11:46 AM
<blockquote><font class="small">Quote eg8r:</font><hr> I personally would like to keep my own SS tax and save it my way. The government only earns like 1 or 1.5% on the dollar anyways. I can do better than that with a savings account at my local bank. /ccboard/images/graemlins/laugh.gif<hr /></blockquote>
That would be the worst move you could make.
Under the current system, you will most likely receive every penny you ever paid into SS, within the first couple of years of retirement. Yet you will continue to receive benefits for the rest of your life.
What would you do with your system when, after a couple of years, your money ran out.
And what happens if you would become disabled tomorrow, and I am not wishing this on you. You could collect SS disability benefits for the rest of your life.
These benefits may not be what you are used to earning, but they will help you get buy. For many, they are a life saver.

SS is nothing more than an insurance policy with more benefits then you know. Call your local insurance company, tell them that you have a chance to get out of SS and ask them what it will cost to get a policy that has ALL the benefits of SS. They can't match it, for what you are paying now.

Keep in mind, SS was never meant to be your complete retirement income. From the beginning, it was only meant to supplement your own retirement plan.

Be careful of what you wish. Some day you may receive it and you will be sorry.

Sid_Vicious
06-12-2003, 12:00 PM
"There is a good chance that we will have a financial disaster sometime between 2010 and 2015 because of this."

There are people who speculate upon this, I have a friend-of-a-friend who has been planning for some time now, seeing the financial demise of this country to happen in 2012. Your statement above caught my eye, windowing 2010-2015 like you did. Ominous to think about the reality of what could happen simply because nobody REALLY acts upon the coming problem TODAY...sid

Qtec
06-12-2003, 12:50 PM
Wally ,i never said i was qualified. I only express my opinion.
Have you ever thought why GW and papa Bush have both been President. Not for thier intellect thats for sure. There is also a good chance that Jeb will follow .
GWs claim to fame was that he executed more people than anybody else [ check out www.theawfultruth.com (http://www.theawfultruth.com) ]. Then one day it came to light ,[by using dna testing ], that all across America , many men on death row, [who are predominantly black ],were actually innocent. Many States stopped thier executions because of this doubt. GW charged ahead . Never let it be said that GW refused to execute someone just because he was innocent.
Votes are votes after all .I am not sure , but i dont believe anyone was pardoned by GW. [ not even a mental retard ] If they were all guilty then , then OK , but do you really think that they were all guilty ?


Which brings me to Tulia. A subject that eg8r will not talk about.
In short: Tulia pop 5000. Black pop. 500. A Cowboy walks into black part of town and starts asking people " I want to buy some DRUGS". [This is amusing in itself ,because nodody ever talks like that .Only people who have never used drugs or dumb undercover cops ].
To cut a long story short ,46 people are arrested for dealing [ 10% of the black pop.].I forgot to mention that all the suspects are black. On the basis of ONE mans testimony , 19 people are convicted. The cop has not one single piece of evidence. He clams he took notes on his leg. LOL The DRUGS BARON is an old man of sixty ,who lives on a garbage dump and collects cans for a living. He got 10 years probation. One guy got 99 years.
The [censored] hit the fan when 6 of the 19 proved 100% that they were innocent. eg, the guy was at work, One woman was saved because she could prove that she was in another city, a bank withdrawl saved her 30 years.
Now , sanity should prevail and all those people should be released. The only reason they are still in prison is because with an election coming up it would be embarrassing to GW . Innocent people are still in prison because of a political decision .Doesnt that ring a bell ? Political prisoners.? Dictator ?
I could go on about the fact that the cop was under suspicion for drugs theft at a bust. He was running up debts and stealing gas .When the trial took place this was all know.
Is this American justice .? Is this why you think we are all jealous ? I think if one of these people was your brother you might see it in a different light.

This is just the tip of the iceberg. I dont hate GW ,i just dont trust him .I dont like the people behind him because thier only motivation is profit. You and I are expendable .They are not worried about the rest of the world ,its only America,s interests that count.
Seen anything about Iraq lately . Still think GW was telling the truth ?



Q

Wally_in_Cincy
06-12-2003, 01:07 PM
<blockquote><font class="small">Quote Sid_Vicious:</font><hr> There are people who speculate upon this, I have a friend-of-a-friend who has been planning for some time now, seeing the financial demise of this country to happen in 2012. Your statement above caught my eye, windowing 2010-2015 like you did.

<font color="blue">I really don't think anyone can predict what will happen 10 or 15 years from now. Who could predict 9/11? Who could predict our dramatic rise in productivity due to the computer, fax machine, internet, and cell phone? </font color>

Ominous to think about the reality of what could happen simply because nobody REALLY acts upon the coming problem TODAY...sid

<font color="blue">I do worry (not a lot)about deficit spending. I do, however, believe that the deficit should be eliminated thru less gov't spending, not higher taxes. </font color>


<hr /></blockquote>

Wally_in_Cincy
06-12-2003, 01:21 PM
<blockquote><font class="small">Quote Qtec:</font><hr> Wally ,i never said i was qualified. I only express my opinion.
Have you ever thought why GW and papa Bush have both been President. Not for thier intellect thats for sure.

<font color="blue">Bush 41 enlisted in the Army Air Corps at 17 and was a pilot. Graduated from Yale, made millions in oil, was ambasador to China, director of the CIA.

Bush 43 graduated from Yale and has an MBA from Harvard. Both are obviously mental midgets. </font color>

There is also a good chance that Jeb will follow .

<font color="blue">I hope so. </font color>

GWs claim to fame was that he executed more people than anybody else [ check out www.theawfultruth.com (http://www.theawfultruth.com) ].

<font color="blue">Sorry, Michael Moore has zero credibility with me. </font color>




Which brings me to Tulia. A subject that eg8r will not talk about.
In short: Tulia pop 5000. Black pop. 500. A Cowboy walks into black part of town and starts asking people " I want to buy some DRUGS". [This is amusing in itself ,because nodody ever talks like that .Only people who have never used drugs or dumb undercover cops ].
To cut a long story short ,46 people are arrested for dealing [ 10% of the black pop.].I forgot to mention that all the suspects are black. On the basis of ONE mans testimony , 19 people are convicted. The cop has not one single piece of evidence. He clams he took notes on his leg. LOL The DRUGS BARON is an old man of sixty ,who lives on a garbage dump and collects cans for a living. He got 10 years probation. One guy got 99 years.
The [censored] hit the fan when 6 of the 19 proved 100% that they were innocent. eg, the guy was at work, One woman was saved because she could prove that she was in another city, a bank withdrawl saved her 30 years.

<font color="blue">A terrible incident in a podunk TX town removes all credibility from GWB? Is that the best you got? </font color>


Now , sanity should prevail and all those people should be released. The only reason they are still in prison is because with an election coming up it would be embarrassing to GW .

<font color="blue">You're nuts. 99% of Americans have never heard of Tulia and couldn't give a rat's ass either way. </font color>

Innocent people are still in prison because of a political decision .Doesnt that ring a bell ? Political prisoners.? Dictator ?

<font color="blue">What in the hell are you talking about? It's up to the Gov. of TX to release them. GWB ain't the Gov. </font color>


I could go on about the fact that the cop was under suspicion for drugs theft at a bust. He was running up debts and stealing gas .When the trial took place this was all know.
Is this American justice .? Is this why you think we are all jealous ? I think if one of these people was your brother you might see it in a different light.

This is just the tip of the iceberg. I dont hate GW ,i just dont trust him .I dont like the people behind him because thier only motivation is profit. You and I are expendable .They are not worried about the rest of the world ,its only America,s interests that count.
Seen anything about Iraq lately . Still think GW was telling the truth ?

Q
<hr /></blockquote>

<font color="red">You are so obsessed with hating America and Republicans there's no point in debating you. It's a waste of my time. You refuse to even consider anything that might counter your narrow-minded views, so, for now, I bid you adieu.

out</font color>

Ward
06-12-2003, 02:30 PM
Wally

Know what the Bush family calls Jeb








The bright one (LOL)

Later

eg8r
06-12-2003, 03:33 PM
You are correct in that there are more things it does good than bad. We have heard for years about there being nothing left when "we" retire. I don't buy into it completely.

As far as spending all the money I put into it in the first couple years, you might be right. The other part that you are not mentioning is the amount of money you will never see because you were limited to a 1% interest rate. I like what if games, so I will continue. What if I never became disabled and my privately invested money earned interest at a rate of 7-8% instead of the 1% offered by the government?

I am fine with putting some money into SS I just would like it to be less that the current amount. I am still all for the taxpayer still being required to invest that amount, just not send all of it to uncle sam.

eg8r

eg8r
06-12-2003, 03:44 PM
[ QUOTE ]
Wally ,i never said i was qualified. I only express my opinion.
Have you ever thought why GW and papa Bush have both been President. Not for thier intellect thats for sure. There is also a good chance that Jeb will follow .
GWs claim to fame was that he executed more people than anybody else [ check out www.theawfultruth.com (http://www.theawfultruth.com) ]. Then one day it came to light ,[by using dna testing ], that all across America , many men on death row, [who are predominantly black ],were actually innocent. Many States stopped thier executions because of this doubt. GW charged ahead . Never let it be said that GW refused to execute someone just because he was innocent.
Votes are votes after all .I am not sure , but i dont believe anyone was pardoned by GW. [ not even a mental retard ] If they were all guilty then , then OK , but do you really think that they were all guilty ? <hr /></blockquote> Why not start a new thread. This has nothing to do with the original thread.

[ QUOTE ]
Which brings me to Tulia. A subject that eg8r will not talk about. <hr /></blockquote> I am not sure what to talk about. I never even knew about this until you brought it up. Since I did not know anything about it, I did not talk about it. I stated I knew nothing about it and you still bring it up and attach my name.

I have read about it since, and I still do not know why you blame W for its happenings. For this thread you decide that GW is responsible for the pardons (previous threads you insinuated GW was responsible for the entire happenings). He is no longer the guy in charge in Tx that is up to Perry. Why aren't you blasting him?

You mention GW has never given a pardon. Maybe, maybe not but do you also think it was right for Clinton to give the pardons he gave when he left office.

The arguments you are bringing up have nothing to do with the thread. What do you have to say about the thread?

eg8r

Rich R.
06-12-2003, 04:48 PM
<blockquote><font class="small">Quote eg8r:</font><hr> I like what if games, so I will continue. What if I never became disabled and my privately invested money earned interest at a rate of 7-8% instead of the 1% offered by the government? <hr /></blockquote>
Your money may last for 3 years, instead of 2. /ccboard/images/graemlins/grin.gif

SpiderMan
06-12-2003, 05:20 PM
<blockquote><font class="small">Quote eg8r:</font><hr> &lt;/font&gt;&lt;blockquote&gt;&lt;font class="small"&gt;Quote:&lt;/font&gt;&lt;hr /&gt;
It looks like the old folks will control the polls, doesn't bode well for SS reform. <hr /></blockquote> I personally would like to keep my own SS tax and save it my way.
eg8r <hr /></blockquote>

Sorry, Ed, Sid needs your contribution to replace what he paid in and didn't get to invest /ccboard/images/graemlins/crazy.gif

SpiderMan

eg8r
06-12-2003, 06:25 PM
Alright. Sid you can have mine. /ccboard/images/graemlins/smile.gif

eg8r

eg8r
06-12-2003, 06:29 PM
Well, 3 is better than 2. However, the difference of 6% over the next 30 years should be more than enough to cover a couple more years. Not including the extra that continues to go in year after year.

It does not matter right now, I still faithfully pay in every week. /ccboard/images/graemlins/smile.gif

eg8r

Qtec
06-12-2003, 08:30 PM
<font color="blue"> Bush 41 enlisted in the Army Air Corps at 17 and was a pilot. Graduated from Yale, made millions in oil, was ambasador to China, director of the CIA.
</font color>

<font color="black"> You dont see a conflict of interest here. He is still in the oil buiseness . </font color>

<font color="blue"> Sorry, Michael Moore has zero credibility with me.

</font color>
<font color="black"> = I dont like what he says so i choose not to believe it . </font color>

<font color="blue">You're nuts. 99% of Americans have never heard of Tulia and couldn't give a rat's ass either way.

<font color="blue">
<font color="black"> Not true . If these people were white would you still give the same answer ? This is an example of a justice system that is based on cash . If you have the money you have a chance of justice . If you dont .....
</font color>
<font color="blue"> What in the hell are you talking about? It's up to the Gov. of TX to release them. GWB ain't the Gov </font color>

<font color="black"> Why are they still in prison ? </font color>

<font color="blue"> You are so obsessed with hating America and Republicans there's no point in debating you. It's a waste of my time. You refuse to even consider anything that might counter your narrow-minded views, so, for now, I bid you adieu </font color>


<font color="black"> Wally ,you see what you want to see. You refuse point-blank to accept any possibility that i might have a point. If i dont agree with you i am Anti-American , a communist , i am jealous , etc . I dont have a problem with Americans, but i do with the administration .I dont care what you do in your own own country , its your country , thats your choice . I just wish you [ the admin.] would show other countries the same respect. If you are about to bring up 9/11 ,just remember this . American fund raisers for the IRA helped them to buy weapons and bombs ,which were used against British citizens . Would you call the IRA terrorists ? </font color>

<font color="black"> BTW , you asked me for details and when i give you some I,m America bashing ! Again , this "with us or against us attitude ".
Q </font color>

Rich R.
06-13-2003, 04:04 AM
<blockquote><font class="small">Quote eg8r:</font><hr> Well, 3 is better than 2. However, the difference of 6% over the next 30 years should be more than enough to cover a couple more years. Not including the extra that continues to go in year after year.

It does not matter right now, I still faithfully pay in every week. /ccboard/images/graemlins/smile.gif

eg8r <hr /></blockquote>
You may want to do the math on that. /ccboard/images/graemlins/grin.gif
I would also like to know where you have been getting 7% for the last 3 years. /ccboard/images/graemlins/confused.gif

Then try to estimate what you will get as a SS retirement benefit. Your local office may be able to help with this, but I am not sure. Take the monthly amount and multiply it by about 10 or more years, hoping you enjoy retirement at least that long. See if your private investments add up to that amount.
You have to remember that, although SS gets a low return on the trust fund money, they can't afford to absorb a down market in other investments. I also believe they get a little more than the 1% you mention, although I do not have the figures on that. They invest in government securities.

SS is not a bad deal.

BTW, it is also the best bargain the American people have. The total operating expenses for SSA are less than 2% of what they take in. The rest is paid in benefits.
I would be willing to bet that most of the charities you contribute to, have expenses in the 10% to 20% range.
I would also be willing to bet that the DOD has higher expenses. /ccboard/images/graemlins/grin.gif

SPetty
06-13-2003, 07:09 AM
Hi Rich R.,

I don't disagree with anything you're saying about Social Security.

I have always wondered, though, ever since I learned this: Why, if SS is so wonderful, are the federal government workers not required to use it like the rest of the Americans? As I understand it, federal employees have something other than (better than?) social security to help them out in their retirement years.

Anyone?

Qtec
06-13-2003, 07:24 AM
[ QUOTE ]
The arguments you are bringing up have nothing to do with the thread <hr /></blockquote>

I am speaking about GW because Wally asked me.


Who is Perry ?

Could that be Perry









BUSH?

Q. /ccboard/images/graemlins/grin.gif

Wally_in_Cincy
06-13-2003, 07:31 AM
<blockquote><font class="small">Quote Qtec:</font><hr> Wally asked me. Who is Perry ?

<hr /></blockquote>

What the hell are you talking about? /ccboard/images/graemlins/confused.gif

Qtec
06-13-2003, 07:32 AM
A black guy driving through the Bronx gets a flat tyre. He is busy changing it when he hears the door open on the other side of the car. Looking up , he sees some guy digging into the dashboard with a screwdriver. The guy says "what the f..k do you think you are doing "
The guy replies ,















"if your having the tyres , I,m having the radio !".


Q.

Qtec
06-13-2003, 07:37 AM
Sorry ,that came out wrong . Check it now.


Q

Rich R.
06-13-2003, 08:00 AM
<blockquote><font class="small">Quote SPetty:</font><hr> Hi Rich R.,

I don't disagree with anything you're saying about Social Security.

I have always wondered, though, ever since I learned this: Why, if SS is so wonderful, are the federal government workers not required to use it like the rest of the Americans? As I understand it, federal employees have something other than (better than?) social security to help them out in their retirement years.

Anyone?

<hr /></blockquote>
In fact SPetty, for a number of years now, all new federal employees are paying into SS, which is combined with other retirement plan benefits. I believe the entire package is called the Federal Employee's Retirement System (FERS).
This is no different than you paying into SS and your employer providing an additional retirement plan.
Keep in mind, as I said before, SS was always meant to be a supplement to other retirement plans and savings. It was never meant to be your only retirement source of income.

Older employees, like me /ccboard/images/graemlins/frown.gif, are under the Civil Service Retirement System (CSRS). Although the old system does have better retirement benefits, it had terrible disability benefits. In addition to deductions from our pay for the CSRS retirement, higher than the percentage for SS, we also pay into the portion of SS that will make us elligible for Health Insurance and Supplemental Medical Insurance, better know as Medicare and Medicaid, when we reach age 65. This is the same benefit that anyone under SS has. We are paying for this benefit, just like everyone else.

The CSRS system is being phased out, as employees retire. No new Federal employees are going into the CSRS system.

To add a little to this answer, you may not know that in addition to Federal workers, there are many state and municipal workers that are not covered under SS. They also have their own retirement plans which are equal or better than SS.

If you combine the SS benefits, with the retirement plans offered by many employers across the country, the plans available to Federal workers are not that great, but better than SS alone.

Rich R.
06-13-2003, 08:04 AM
Just a little P.S.

If you really want to investicate a golden retirement system. Check out the retirement system that members of Congress have.
You don't have to be a member of Congress for 30 years or more to collect, either! /ccboard/images/graemlins/confused.gif

Please, don't ever confuse goverment workers, with your elected officials. Believe me, the buck stops there, not here. /ccboard/images/graemlins/blush.gif

Wally_in_Cincy
06-13-2003, 08:06 AM
My mother retired under the Ohio Teacher's Retirement. My father retired under the Railroad Workers Retirement. Both pensions are way, way better than SS. Of course they paid Medicaid and Medicare taxes all along, but not SS per se.

Ward
06-13-2003, 08:10 AM
Rich

I do not pay SS, I am covered under the TRS, which is the Texas Teachers Retirement. I have paid SS for 35 years so when I retire I will be eligble to draw SS and TRS retirements. There are some penalities from SS but not if you have SS contributions for 30 yrs...

Later

Ward
06-13-2003, 08:16 AM
Rich

Check the military retirement programs. I have a brother who is 65 and he has being drawing military retirement since he was 37...If he gets sick he just goes to a military hospital (not VA like most vets),shops at military bases and he was young enough when he retired to persue another career.

I don't begrudge him a thing. He was there for Vietnam and the military needed career soliders.

later

Rich R.
06-13-2003, 08:19 AM
Ward, you are correct, you will be able to collect SS.
There are a number of factors involved with the possible penalties. Your local office can tell you if the penalties apply to you.

BTW, those penalties are called the Windfall Elimination Provision (WEP). There currently is a lot of growing support to do away with these penalties because they are unfair to most people.
You may want to let your congressman/woman know how you feel about it.

Rich R.
06-13-2003, 08:22 AM
Trust me, there are many retirement packages out there that are better than SS and either of the civilian Federal retirement systems.

eg8r
06-13-2003, 09:27 AM
[ QUOTE ]
Who is Perry ? <hr /></blockquote> Do a little more internet searching, only this time get the newest info. Perry is the guy you want to release the Tulia people.

eg8r