Home
Blog
Radio
Missing Persons
Crime
April 30, 2024, 06:53:06 PM
Welcome,
Guest
. Please
login
or
register
.
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News
:
NEW CHILD BOARD CREATED IN THE POLITICAL SECTION FOR THE 2016 ELECTION
Home
Help
Login
Register
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
Social Security Fraud v. Public Union Pension Rip-off
Pages:
1
Go Down
« previous
next »
Print
Author
Topic: Social Security Fraud v. Public Union Pension Rip-off (Read 2835 times)
0 Members and 1 Guest are viewing this topic.
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Social Security Fraud v. Public Union Pension Rip-off
«
on:
February 24, 2011, 07:50:45 AM »
Currently, the Social Security 'voluntary' "2011 tax rate is 4.2 percent for employees, 6.2 percent for employers, and 10.4 percent for self-employed people. These rates apply to earnings up to the maximum taxable amount ($106,800 in 2011)."
- from
http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/169/~/the-social-security-contribution-rate-for-2011
What does this get anyone? Can they retire at 45? No.
The retirement age has moved up, up, and up for years. Where'd all that money go? IOU's from Congress and the White House? At some point, likely it will be age 100, and folks will still be paying into the 'fund'...
On another page, it includes the Medicare portion -
Quote
The Social Security tax rate for 2011 is 13.3 percent on self-employment income up to $106,800. If your net earnings exceed $106,800, you continue to pay only the Medicare portion of the Social Security tax, which is 2.9 percent, on the rest of your earnings.
more here -
http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/172/related/1/session/L2F2LzEvdGltZS8xMjk4NTUxMTU3L3NpZC9haWt1aXFuaw%3D%3D
For some reason, union public workers in Wisconsin are being asked to contribute half to their generous pension program -
Quote
Requires employees who pay into the Wisconsin Retirement System to contribute 50 percent of their annual pension payment. That amount is estimated to be 5.8% of salary in 2011.
What do they get? Retirement at age 45 and iirc, at full pay. Social Security only gives you a portion of your wages.
Why is it that at the State level, the program can continue to work, with some changes.
At the Federal level, the taxes keep going up, the retirement age keeps going up, and the IOUs in the 'fund' keep mounting?
Why can't everyone contribute to the state fund instead of Social Security?
Where is that SS money going?
Ripoff? Fraud? Theft by Washington politicians?
just my humble opinions and questions.
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Social Security Fraud v. Public Union Pension Rip-off
«
Reply #1 on:
February 24, 2011, 04:57:09 PM »
"Totalization With Mexico" another rip-off?
I've been hearing bits and pieces again about "Totalization With Mexico" again. For some reason, this reader thinks that the Obama admin is making treaties and not telling anyone -
Quote
The current administration had already approved a preliminary treaty that will give Social Security benefits to illegal immigrants. Many members of Congress do not even know about this treaty.
The U.S./Mexico Social Security Totalization Treaty will pay benefits to illegal immigrants and their dependents.
Quote
Several different groups have tried to get more information on the specifics of this treaty through the Freedom of Information Act.
To date, their requests have been ignored...
more here -
http://www.craigdailypress.com/news/2011/feb/05/lawrence-l-sober-another-grievous-abuse/
Retirement at age 80 for Americans? Public workers retire at full pay at age 45?
What's wrong with this picture?
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Social Security Fraud v. Public Union Pension Rip-off
«
Reply #2 on:
February 24, 2011, 05:05:12 PM »
Quote
The Cost of Illegal Earnings Under Totalization With Mexico
By Mary Johnson, Social Security and Medicare Policy Analyst
for TREA Senior Citizens League
May 2007
(download this as a .pdf file)
Summary
On June 29, 2004, the U.S. Social Security Administration (SSA) signed a totalization agreement with Mexico. To date, it has not yet been signed by the president or sent to Congress for final review. Totalization with Mexico is highly controversial because of the millions of Mexicans working in the United States without authorization. The agreement raises concerns that millions of such workers and their dependents would become newly eligible for Social Security benefits, worsening the long-term solvency of the program. In addition, substantial new costs could trigger benefit cuts and higher taxes for both retirees and workers.
The agreement also raises questions as to whether it would act as an incentive for more illegal immigration from Mexico in the future.
"How Illegal Immigrants Can Become Entitled To Social Security"
(lots of good stuff)
Quote
Conclusion:
Responsible, comprehensive cost estimates of the totalization agreement with Mexico simply cannot afford to ignore the very large and significant cost of benefits based on illegal, unauthorized work. Doing so results in highly misleading and incomplete estimates that would jeopardize the future solvency of Social Security, leading to benefit cuts and higher taxes. Estimating the cost of a totalization agreement with Mexico is difficult because of the lack of verifiable data. However, the Social Security Administration maintains files from which plausible assumptions about unauthorized workers may be drawn, which can then be used to construct estimates.
To ensure the solvency of Social Security for retirees and disabled who live in the U.S. and pay into the system legally, this study makes the following recommendations:
*
The President should not sign or send the current totalization agreement with Mexico to Congress. Should the President nevertheless do so, Congress should disapprove the agreement.
*
Congress should enact legislation that would require greater Congressional review and approval of future totalization agreements.
*
Congress should enact legislation that would prohibit the use of work credits based on unauthorized earnings from being used to determine entitlement for Social Security benefits.
Appendix I.
Methodology and Assumptions:
Current Law
Mexicans Who Illegally Worked Using Non-work SSNs Issued Prior To 1/01/04
Non-work SSNs issued prior to 1/01/04 7,000,000
If there were over 7 million non-work SSNs issued prior to 1/01/04, how many illegal aliens are really in the U.S.? How many of the SSNs are used by multiple folks? How many unregistered?
read more here -
http://www.tscl.org/NewContent/102917.asp
In Mexico, like other nations, the social security/retirement is determined by ACTUAL contributions plus earnings. If you don't contribute, you don't get benefits.
How many more will get benefits?
Something is wrong with this system. There are also other articles that suggest that under this agreement, illegals would have a greater legal right to keep getting SS than citizens and those who contributed their entire working life...
just my humble opinions
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Social Security Fraud v. Public Union Pension Rip-off
«
Reply #3 on:
February 24, 2011, 05:17:16 PM »
Quote
2010 Earnings Suspense File
Immigration Amnesty Would Give Hundreds of Billions in
Social Security Money to Illegal Workers
Unlawful Work Leads to Tripling of “Earning Suspense File”
Over Past Decade, Says New Social Security Administration Data
July 27, 2010
(Washington, DC) – The “Earnings Suspense File” (ESF), used by the Social Security Administration (SSA) to track names and Social Security numbers that do not match government records, has tripled over the past decade. The chief cause of growth in the file is unauthorized work by non-citizens, according to SSA Inspector General Patrick P. O’Carroll.
Under an immigration amnesty plan, millions of today’s illegal workers would be eligible for hundreds of billions in Social Security dollars, as evidenced by the dramatic growth of the Earnings Suspense File.
Quote
Under current law, a non-citizen who obtains authorization to work in the United States at some later date may become eligible for Social Security benefits – even for work performed in the country illegally using a stolen Social Security number. Upon receiving a valid Social Security number, unauthorized earnings can be reinstated into the worker’s new, valid Social Security account – without penalty, and at taxpayer expense.
Hint - the fund appears to be empty, just like for citizens and those here legally...
more here -
http://www.seniorsleague.org/index.php?option=com_content&task=view&id=3518&Itemid=49%29
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Social Security Fraud v. Public Union Pension Rip-off
«
Reply #4 on:
February 24, 2011, 05:24:15 PM »
Here is the report -
Quote
The Growing Cost of Illegal Immigration To Social Security
Unprecedented Growth in Social Security’s “Earnings Suspense File”
By Mary Johnson, Social Security and Medicare Policy Analyst
for The Senior Citizens League
June 2010
Quote
High Cost of Illegal Work for Social Security Trust Fund
By 2012, the first wave of those former illegal immigrants who came to the U.S.
in the 1970’s at age 20, and became legal permanent residents in 1986, will turn 62 and
old enough to file claims for Social Security. As immigrants draw close to retirement
age, they are more likely to check their Social Security records and request reinstatement
of any unauthorized earnings for which they have evidence. Because illegal immigrants
tend to have low earnings and because of the progressive nature of the Social Security
benefit formula, these immigrants will tend to receive a higher portion of benefits than
they paid in.
Quote
The potential cost in benefits based on illegal work could be substantial. Failure
to address this inconsistency of law that allows Social Security credit for illegal earnings
could result in newly legalized immigrants receiving benefits for earnings received while
breaking U.S. laws, at the same time U.S. workers and senior citizens who paid into the
system legally over their entire careers must accept benefit cuts and higher taxes.
Conclusion
Congress should improve Social Security solvency by ending this inconsistency
between immigration law and Social Security.
Legislation should prohibit the crediting
of unauthorized earnings for the purposes of benefit entitlement and the calculation of
retirement benefits.
more here -
http://www.seniorsleague.org/images/earnings_suspense_report.pdf
How many of those working illegally were also receiving the many forms of welfare benefits that are available?
Amnesty should be for the benefit of everyone, it seems like the benefits are punitive for citizens and those here legally. The gold mine goes to the illegals.
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
Pages:
1
Go Up
Print
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
Social Security Fraud v. Public Union Pension Rip-off
« previous
next »
Jump to:
Please select a destination:
-----------------------------
FORUM RULES
-----------------------------
=> Forum Rules and Tips
-----------------------------
Polls, Polls and more Polls
-----------------------------
=> Missing Persons Polls
=> Current Events/News Polls
=> Crime and Trial Polls
=> Just For Fun Polls
-----------------------------
Missing Persons - High Profile
-----------------------------
=> Missing Persons High Profile
===> Dylan Redwine, 13yrs old, last seen 11/19/12, Vallecito, CO
===> Kyron Horman - Portland Oregon
===> Caylee Marie Anthony - Florida (BODY FOUND)
=====> Caylee's Law - by State
=======> Caylee's Law - text
=======> ALABAMA
=======> ALASKA
=======> ARIZONA
=======> ARKANSAS
=======> CALIFORNIA
=======> COLORADO
=======> CONNECTICUT
=======> DELAWARE
=======> DISTRICT OF COLUMBIA
=======> FLORIDA
=======> GEORGIA
=======> HAWAII
=======> IDAHO
=======> ILLINOIS
=======> INDIANA
=======> IOWA
=======> KANSAS
=======> KENTUCKY
=======> LOUISIANA
=======> MAINE
=======> MARYLAND
=======> MASSACHUSETTS
=======> MICHIGAN
=======> MINNESOTA
=======> MISSISSIPPI
=======> MISSOURI
=======> MONTANA
=======> NEBRASKA
=======> NEVADA
=======> NEW HAMPSHIRE
=======> NEW JERSEY
=======> NEW MEXICO
=======> NEW YORK
=======> NORTH CAROLINA
=======> NORTH DAKOTA
=======> OHIO
=======> OKLAHOMA
=======> OREGON
=======> PENNSYLVANIA
=======> PUERTO RICO
=======> RHODE ISLAND
=======> SOUTH CAROLINA
=======> SOUTH DAKOTA
=======> TENNESSEE
=======> TEXAS
=======> UTAH
=======> VERMONT
=======> VIRGINIA
=======> WASHINGTON
=======> WEST VIRGINIA
=======> WISCONSIN
=======> WYOMING
=====> Caylee Marie Anthony Murder Trial Archives
===> Sierra Lamar, 15yrs old, Morgan Hill, CA Missing Since March 16, 2012
===> JO ANN (JODIE) BAIN AND 3 DAUGHTERS MISSING 4/27/2012(2 murdered 2 safe)
===> Isabel Mercedes Celis, 6 yrs old missing 4/21/12 Tucson, AZ (Body Found)
===> Jennifer Kesse - Orlando/Ocoee, Florida
===> Susan Powell 28yrs old, missing 12/6/09 West Valley City, Utah
===> Michelle Loree Parker, Last Seen 11/17/11, Orlando, FL
===> Celina Cass, 11yrs old missing 7/25/11 New Hampshire
===> Aliayah Lunsford, 3yrs old, Weston, West VA, missing since 9/24/2011
===> Lisa Irwin, 10mo old missing since 10/4/2011 KC, MO
===> Robyn Gardner missing in Aruba August 2, 2011
=> Missing Persons - High Profile - Archives
-----------------------------
Virginia Area Missing and Murdered - possible connections
-----------------------------
=> Morgan Dana Harrington, 20yrs missing VA Tech 10/17/09(BODY FOUND)
=> Hannah Elizabeth Graham missing since 9/13/14 Charlottesville, VA
=> Alexis Murphy, missing since 8/3/13 Charlottesville, VA
=> Samantha Ann Clarke 19yrs. old Orange Va. Last seen 09/13/10
=> Dashad Sage Smith missing since 11/20/12 Charlottesville, VA
=> Cassandra Morton 23, Lynchburg, missing 10/10/09 body found 11/29/09
-----------------------------
High Profile Crimes and Trials (not missing persons)
-----------------------------
=> Jodi Arias trial - for the murder of Travis Alexander
=> Trial of George Zimmerman - 2nd Degree Murder of 17yr old Trayvon Martin
=> Scott Peterson Appeal of Murder Conviction
-----------------------------
Missing, Exploited and True Crime
-----------------------------
=> Missing Exploited and True Crime
===> Missing Persons Forum
=====> Missing Found or Presumed Deceased
=====> Missing Found Safe
=====> Missing Endangered Runaways
=====> Resourses, Search Groups and Fundraisers
===> Crimes Against Children, Elderly and the Disabled
===> Crimes of Passion/Anger
===> Serial Killers and Their Possible Victims
===> Unsolved Crimes
=====> Finally Solved
===> Haleigh Marie Cummings - Florida
===> Adji Desir - Florida
===> Somer Renee Thompson 7 yo, Orange Park FL 10/19/09(BODY FOUND)
===> Tracy Ocasio - Orlando/Ocoee, Florida
===> Shaniya Nicole Davis, 5 Fayetteville, NC Missing 11/10/09(BODY FOUND)
===> Holly Bobo, 20yrs old missing Parsons, TN 4/13/11
===> Hailey Dunn - 13yrs old - Colorado City, TX missing 12/27/10 (Body Found)
===> Elizabeth Olten - 9yrs, Jefferson City, MO missing 10/21/09 (BODY FOUND)
===> Lindsey Baum - McCleary, WA 6/26/09
===> Amber Leeanne Dubois 14yrs old - Escondido, CA(BODY FOUND)
===> Chelsea King, 17, Missing 2-25-2010 Rancho Bernadino CA (BODY FOUND)
===> Sandra Cantu, 8 years old - Tracy, CA(BODY FOUND)
===> Madeleine McCann - Portugal
===> Christine Marie Sheddy - missing since 11/13/2007 - Maryland(BODY FOUND)
===> Nevaeh Amyah Buchanan 5yr Monroe Michigan(BODY FOUND)
===> Gabriel Johnson 8 mo., last seen 12/26/09 Tempe AZ-San Antonio TX
===> Stacy Ann Peterson missing & Kathleen Savio murdered - Illinois
===> Zahra Clare Baker - 10yrs old Hickory, NC (Body Found)
-----------------------------
Natalee Holloway
-----------------------------
=> Natalee Holloway
=> Important Case Documents
===> Joran Statements/PV's
===> Paulus Statements/PV's
===> Deepak Statements/PV's
===> Satish Statements/PV's
===> Misc Statements/PV's
=> LCD Archive
=> Shango/Simian and other Codetalkers
-----------------------------
Current Events and Musings
-----------------------------
=> Monkey Musings / Open Discussion
=> Pop Culture Main
===> Hugely Popular TV Shows
===> Movies and Television
===> Social Media
===> Music
===> Books
===> Scared Monkeys Radio with Dana Pretzer
=> Health and Medical Issues
=> Food and Product Recalls
=> News of the Day
=> Business News
=> Sports
=> Political Forum
=> Religion (discussion and debate)
-----------------------------
The Monkey Lounge
-----------------------------
=> The Monkey Lounge
===> Fashion & Decorating
===> What's Cooking? Recipes
===> Games
=> Inspirational
===> Memorial - Gone but Never Forgotten
===> Gratefulness - Light a Candle in Prayer
===> Inspirational scriptures, songs, stories and prayers
-----------------------------
Natalee Discussions (2005 ARCHIVE)
-----------------------------
=> Natalee Holloway
=> Theory and Speculation
=> Links and References Only
=> Natalee Breaking News Archive
-----------------------------
General Discussions (2005 ARCHIVE)
-----------------------------
=> News Issues
=> Chit Chat
Loading...