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Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts

Thursday, January 26, 2012

What's a Better Term Than "War Chest?"

Teachers in several states are subject to unfair Social Security penalties.
Good pension plans help to recruit high quality teachers.
A good pension plan helps to retain productive teachers longer.
CalRTA has worked to protect educator pensions for more than eighty years.
When teachers earn SS credits in other fields they are penalized.

Earned retirement benefits are being attacked.
Let's organize to lobby Congressional leadership.
Let's increase national pressure to repeal unfair WEP, "Windfall Elimination Provisions" penalties.
Let's increase pressure nationally to repeal unfair GPO. "Government Pension Offset" penalties.
Let's work an action plan to repeal unfair WEP/GPO penalties.
Let's organize local constituent action.
Thank you Dr. Ghica and CalRTA.


Sunday, June 26, 2011

Penalties Against Educators

"The current Social Security system includes little-known penalties that reduce and often eliminate Social Security benefits for retired teachers in California and 14 other States. CalRTA supports solutions to the long-term financing of Social Security, including repeal of these penalties which discourage people from becoming teachers."

Earned Social Security Benefits

If an educator worked for 20 years in the private sector, earned Social Security credits and then entered teaching in California and taught for 20 years, that educator could lose more than half of his/her earned Social Security benefits.

Sunday, January 2, 2011

    WEP&GPO... Social Security Fairness - Home

WEP&GPO... Social Security Fairness - Home


California public school teachers lose part or all of their Social Security benefits.


I worked over 40 years under the U.S. Social Security Act, but because for a time I earned retirement as a California teacher, received only about $250 A month in SS benefits.


My situation seems unfair to me.

Wednesday, November 24, 2010

Teacher's Pensions in California

 Teachers are required to pay into their retirement accounts. Most pay 8%, which is higher than the rate private workers pay into Social Security. In general teachers are not eligible for SS. Even if they have paid into SS for 40 years, as I have, they are penalized via Government Pension Offset and Windfall Elimination Provision. Private industry workers who receive a pension and/or have a separate retirement account, are not penalized by the WEP/GPO so their potential retirement income is much more than a teacher's. 
School districts are required to contribute to the specified teachers' retirement service, CalSTRS, on behalf of their employees just as a private company is required to pay into SS.
Doesn't seem fair or usefully motivating to teachers.