To the editor: The Social Safety Equity Act doesn’t give windfall advantages to authorities staff who didn’t pay into the system, as contributing author Veronique de Rugy acknowledged (“Social Security is headed for a cliff. When will voters care?,” June 26). It restores the quantity of the month-to-month profit the employee receives of their month-to-month fee (eligibility decided by the employee paying into Social Safety for the required 40 quarters) that was reduce as a result of the employee additionally labored for a authorities entity lengthy sufficient to attract a pension.
I began working at 16 years of age and for the following 19 years, I had Social Safety deductions taken from each paycheck. Like many working folks, these deductions decreased my take-home pay, however we knew the cash could be returned later by way of our month-to-month profit upon retirement. Once I utilized for Social Safety I used to be notified that because of the pension I used to be going to obtain from my county employment, my month-to-month Social Safety profit was going to be reduce by 50%. For the final 9 years I obtained solely half of the Social Safety profit I earned by contributing 19 years of deductions. Because of this laws, which had bipartisan help, People are getting the advantages they labored for.
Pleasure Rockport, Valley Glen
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To the editor: Earlier than incomes a transparent credential in secondary English in 2002, I logged 25 years within the personal sector. I give my heartfelt because of the Biden administration for recognizing that authorities staff deserve to profit from their contributions. I sleep higher realizing my retirement can be boosted by an additional $1,800 a month. It appears solely honest.
Melissa Mazzei, Los Angeles
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To the editor: A number of questions come up: First, is it attainable that this column exaggerates the peril? As a monetary skilled, I’ve witnessed many inaccurate estimates firsthand. Second, why is the position of revenue inequality uncared for? The big layer of cream on the prime that contributes nothing to the Social Safety system is definitely price mentioning. Even a small improve to the Social Safety taxable wage base would probably have a big impact on the projected shortfall.
Lastly, the headline lays the blame on the toes of the voters. To her credit score, de Rugy’s column discusses congressional inaction. A lot of the general public may be very busy, many working a number of gigs to pay their payments. Members of Congress are paid to legislate responsibly and to take brave stands. I ask the writer: Have you ever accurately recognized the issue?
Susan Wolfson, Glendale
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To the editor: In response to my Social Safety assertion, if I’m gathering $4,350 a month in Social Safety at the moment, my surviving partner and minor youngsters can accumulate as much as $5,900 a month, or 36% greater than what I get whereas alive.
No marvel Social Safety is headed for a cliff. Cap the survivor profit to what the deceased was receiving and restrict the length.
Andrew Ko, Glendale
