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| *Resource of HR>>>employee benefits |
Pres Reagan cut Social Security benefits for Civil Service employees. What is the basis and or double dipping? |
Trying to understand my brother's view as he is a retired postal employee who said he can not get all his Social Security benefits but I thought that Reagan kept them from taking out of the system twice. The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote. The basic rule put in place was that up to 50% of Social Security benefits could be added to taxable income, if the taxpayer's total income exceeded certain thresholds. The taxation of benefits was a proposal which came from the Greenspan Commission appointed by President Reagan and chaired by Alan Greenspan. reagan was the ruination of America. He gets Social Security from his non civil service job. But, just like if you retire and then take another job, you don't get all of the social security either. The government pays him a pension so he gets less Social Security. Cry me a river. Write to your Democrats....They are is control just like they were in the 80's |
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