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Re: Is your retirement check worth it?
Posted by hg on 7/20/08
I forgot to add that Missouri teachers do not pay into the social
security sytem, but many have paid into the systems while working other
jobs and would qualify for Social Security benefits.
On 7/20/08, hg wrote:
> If a person pays into the Social Security system and a teacher
> retirement system, it is only fair that they draw retirement from
> both systems. It shouldn't matter whether the Social Security was
> from a teaching or a non-teaching job. Missouri is another GPO/WEP
> state. The Missouri Retired Teachers and School Personnel
> organization is working to get this changed. I don't think they are
> having much success because the Social Security system is already in
> trouble and doesn't want the additional burden. See the website
> htt://www.morta.org
>
>
> The On 7/19/08, mrso wrote:
>> On 7/18/08, ML to artaz wrote:
>>> On 7/18/08, artaz wrote:
>>>> I don't complete understand GPO/WEP. I live in a state
>>>> (Arizona) where this is not a factor. Can you explain it?
>>>> Why do some states do it and some not?
>>>
>>>
>>> Basically it applies only to those who did NOT contribute to SS
>>> during their teaching career.
>>> That's a very simplified version, there's a lot more to it, but
>>> that's why it applies to some states and not others.
>>> Those of us who contributed to both SS and to our own pension
>>> plan while we taught do not have this problem.
>>
>>
>> This subject really gets me going. I taught several years in NM
>> where I paid into SS and also the NM teacher retirement system.
>> Then I finished my career in Texas where I did not pay into SS
>> (except for 1 year early in my career). I have plenty of quarters
>> to qualify for full SS benefits, but because I'm retired in
>> a "windfall" state I do not get full SS benefits. They are cut by
>> about a third. You cannot convince me that this is right! (And
>> who is the knothead that says that teacher retirement is
>> a "windfall"?!!!) I think that if I paid into the system enough
>> to qualify for full benefits that I should be getting them no
>> matter where I live.
Posts on this thread, including this one
- Is your retirement check worth it?, 7/18/08, by aggie'swife.
- Re: Is your retirement check worth it?, 7/18/08, by artaz.
- Re: Is your retirement check worth it?, 7/18/08, by ML.
- Re: Is your retirement check worth it?, 7/18/08, by ML to artaz.
- Re: Is your retirement check worth it?, 7/19/08, by Babs.
- Re: Is your retirement check worth it?, 7/19/08, by ML.
- Re: Is your retirement check worth it?, 7/19/08, by mrso.
- Re: Is your retirement check worth it?, 7/19/08, by ML.
- Re: Is your retirement check worth it?, 7/20/08, by hg.
- Re: Is your retirement check worth it?, 7/20/08, by hg.
- Re: Is your retirement check worth it?, 7/20/08, by ML.
- Re: Is your retirement check worth it?, 7/20/08, by Retired Teacher, The First.
- Re: Is your retirement check worth it? RT1, 7/20/08, by ML.
- Re: Is your retirement check worth it?, 7/20/08, by Sunset/D.
- Re: Is your retirement check worth it? RT1, 7/20/08, by hg.
- Re: Is your retirement check worth it?, 7/21/08, by Cal-Kid.
- Re: Is your retirement check worth it?, 7/21/08, by ML.
- Re: Is your retirement check worth it?, 7/22/08, by aggie'swife.
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