When RWnutz talk about Social Security

[SHRED]

Have you heard them when you challenge them on not receiving it if they hate it so much?
They say, "Fine, I'll give it up when you pay me what is in my account so far...with back interest".

Why aren't they applying this same logic to the public pensions they want to remove from others?
They aren't saying write a check to public employees (with interest) on every dollar negotiated and contributed into a public pension ...are they? Why not?

Why not?
Because they are two-faced hypocrites...that's why.


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[Indydem]

1. That's pretty simple, actually.

They look at their paychecks and see their dollars going into ss.

Pensions are benefits; they never appear on a paycheck as earnings and are contributed on behalf of the employee by their employer.

[SHRED]

2. public pensions

Employees do too contribute.
Where did you get the notion they don't?
And most are not in Social Security.

Just as with SS. The employer contributes and the employee contributes.

[SHRED]

3. more:

"The question journalists should be asking is "who contributes" to the state of Wisconsin' s pension and health care plans.

The fact is that all of the money going into these plans belongs to the workers because it is part of the compensation of the state workers. The fact is that the state workers negotiate their total compensation, which they then divvy up between cash wages, paid vacations, health insurance and, yes, pensions. Since the Wisconsin government workers collectively bargained for their compensation, all of the compensation they have bargained for is part of their pay and thus only the workers contribute to the pension plan. This is an indisputable fact. "


http://www.tax.com/taxcom/taxblog.nsf/Permalink/UBEN-8EDJYS?OpenDocument

[Indydem]

5. You can't have it both ways.

Either the employees in wi are getting paid 104k in pay and benefits as faux news and others claim, or they are receiving off the books benefits, paid by their employer for them.

I guarantee if they actually had the option to take those deferred benefits as pay, many would.

[sarcasmo]

4. My wife and father both have pensions and both contributed heavily to said pension.

You need to recheck you're information.

[Indydem]

7. Correct.

Yes, many do. That was not my focus.

[SheilaT]

6. Ask them to tell you exactly what they

put into FICA over the years. When I look at my yearly statements from the Social Security Administration I'm quite shocked at how little I put in, especially compared to what my benefit will be. There is no way that the amount I contributed so far would provide the benefit I'm going to get, unless you assume I was sufficiently prescient to say, invest heavily in Microsoft stock in 1987.