Different Types of Retirement ( Archived) (12)

Apr 3, 2023 4:35 PM CST Different Types of Retirement
Iyyov
IyyovIyyovPwetty Blue Planet, Washington USA3 Threads 253 Posts
bemyneighbor: ....Based on a 30 year career in government, Initially my original pension benefit was 76% of my highest three-year averaged salary. Many moons later, my pension benefit is much more than my three-year final average salary given an annual COLA...
Yes, us poor working stiffs should never be paying other people's retirements, especially at the rates you are getting!

I get 17% of what I was earning, and they stole my medical too! Either everybody should get your government benefits, or nobody.

Just my opinion.

Shalom,
Iyyov
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Apr 3, 2023 4:41 PM CST Different Types of Retirement
I am CSRS retired and do get some of the social security. I had to "buy back" my 12 years of military service to add to my 20 years civil. If you expect anything from the government to work right you're probably a Democrat. That government which governs best governs least.
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Apr 4, 2023 11:32 AM CST Different Types of Retirement
ChesneyChrist
ChesneyChristChesneyChristManchester, Greater Manchester, England UK7,144 Posts
Getting better at things amounts to having to do them more for some reason. Why does living longer mean we have to work until we're dead? It feels like a bit of a con to actually dislike the retired. Why does it have to worse for old people in future? We can't provide for retirement but we perm our dogs, seriously?
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Apr 4, 2023 2:50 PM CST Different Types of Retirement
bemyneighbor: I am not allowed to receive social security since i receive a state government PERS retirement benefit monthly. Based on a 30 year career in government, Initially my original pension benefit was 76% of my highest three-year averaged salary. Many moons later, my pension benefit is much more than my three-year final average salary given an annual COLA. You are sitting better than me with both your pers and social security benefits. I can not receive social security benefits for two social security rules: the Government Pension Offset, or GPO and The Windfall Elimination Provision (WEP) .
Hold it hold it hold it. I believe some of the responders have misinterpreted my post. I do NOT receive PERS. I get regular social security plus a small PRIVATE pension that is far, far less than any PERS. My post was about a comedian who pointed out that HE pays into other retirees government PERS, yet cannot purchase it himself.. THAT'S the gist of the thread. Imagine going into a restaurant and having the waiter say, "You can't have anything here. But you can buy it for someone else". Get it now?
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Apr 4, 2023 2:55 PM CST Different Types of Retirement
rohaan: Hold it hold it hold it. I believe some of the responders have misinterpreted my post. I do NOT receive PERS. I get regular social security plus a small PRIVATE pension that is far, far less than any PERS. My post was about a comedian who pointed out that HE pays into other retirees government PERS, yet cannot purchase it himself.. THAT'S the gist of the thread. Imagine going into a restaurant and having the waiter say, "You can't have anything here. But you can buy it for someone else". Get it now?
OOPS--the preceeding was for IYYOV, not bemyn........thanx for getting it, bemyn......
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Apr 4, 2023 3:07 PM CST Different Types of Retirement
yes I see all the thumbs down. know what? it means you don't get the post.
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Apr 4, 2023 3:50 PM CST Different Types of Retirement
Iyyov
IyyovIyyovPwetty Blue Planet, Washington USA3 Threads 253 Posts
thumbs up
rohaan: OOPS--the preceeding was for IYYOV, not bemyn........thanx for getting it, bemyn......
thumbs up

We're not talking, like, rocket science, or anything, here, are we? rolling on the floor laughing
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May 15, 2023 1:37 PM CST Different Types of Retirement
BUMP!!!
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May 15, 2023 4:05 PM CST Different Types of Retirement
Maybe I will retire at 55. Will have to make sure we can both afford to at this time. Our accountant will advise us.
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May 15, 2023 6:38 PM CST Different Types of Retirement
After 11 years of marriage in California, the ex is entitled to half the retirement and medical.
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May 16, 2023 1:11 PM CST Different Types of Retirement
secretagent09: The Social Security Act was signed into law in 1935 by President Roosevelt. It wasn't designed to replace the income you made when you were working. The purpose of the Social Security Act is to provide for the general welfare of aged persons, blind persons, dependent and crippled children, maternal and child welfare, public health, and the administration of those no longer working.

It's intent is to be a supplement to the funds you saved while you were working to make your retirement a little easier. It was not meant for anyone to be able to live off it at the same standard they had when they were working.
I meant that even with other resources, it still isn't as much as when working. Sorry if that wasn't clear. (I'm very aware that social security was not intended to be a complete replacement. thanx)
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May 16, 2023 1:12 PM CST Different Types of Retirement
NAKEDMUDPEOPLE: After 11 years of marriage in California, the ex is entitled to half the retirement and medical.
Just wondering--do you believe this to be "fair", or sometimes, or 'it depends'?
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