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If the federal government shuts down this weekend, work at numerous publicly funded agencies would slow or stop altogether, while millions of government employees would stop receiving paychecks.
The US Senate passed a bipartisan bill early Saturday to increase Social Security benefits for close to 3 ... about 28% of state and local government employees covered by alternative staff ...
The first Social Security office opened in Austin, Texas, on October 14, 1936. [10] Social Security taxes were first collected in January 1937, along with the first one-time, lump-sum payments. [8] The first person to receive monthly retirement benefits was Ida May Fuller of Brattleboro, Vermont. Her first check, dated January 31, 1940, was in ...
Some federal, state, local and education government employees pay no Social Security tax but have their own retirement and disability systems that nearly always pay better retirement and disability benefits than the SSA. These plans typically require vesting (working 5–10 years for the same employer before becoming eligible for retirement ...
The Social Security Fairness Act would repeal two federal policies: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). ... and the Government Pension Offset (GPO ...
The chamber approved House Resolution 82, the Social Security Fairness Act, by a 76-20 margin. All 20 no votes were among Senate Republicans. The bill was previously approved by the House by a 327 ...
Under the 1983 amendments to Social Security, a previously enacted increase in the payroll tax rate was accelerated, additional employees were added to the system, the full-benefit retirement age was slowly increased, and up to one-half of the value of the Social Security benefit was made potentially taxable income.
If the federal government shuts down Saturday, numerous publicly funded agencies will stop work and their employees won’t be paid, but Social Security checks will still go out. Social Security ...