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View Diary: Alan Simpson: Social Security denialist, senior citizen hater (176 comments)

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  •  great question, he's gotta be a millionaire now (6+ / 0-)

    after being one of the teat suckers of the federale government for so many of his worthless years.

    Thanks Obama, Thanks a lot for appointing this idiot!

    How does it fell, to be on your own, no direction home, like a rolling stone?

    by Churchill on Fri Aug 27, 2010 at 02:43:06 PM PDT

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    •  He personally doesn't need Social Security (6+ / 0-)

      Unlike the majority of senior citizens, he doesn't need the money he gets from Social Security. So he doesn't have a real understanding of what it is to be poor and have to live on a fixed income.

      I'm guessing between his government pension and social security, he is probably earning 70K per year at minimum. That is one big teat Mr. Simpson.

      His real purpose isn't to save social security, his real purpose to to make sure him and his rich buddies are the only ones sucking on the government.

      Everything I write is within a margin of error of precisely 100%.

      by Bailey Savings and Loan on Fri Aug 27, 2010 at 02:53:29 PM PDT

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      •  I don't believe Simpson gets Social Security (0+ / 0-)

        Government employees are covered under a different pension plan.  Unless Simpson has the correct quarters necessary to collect social security from other employment, he isn't collecting it.  

        This thread is full of trolls, at least one of which is very likely a zombie. Zombies and trolls: Seen any elves lately?

        by ThAnswr on Fri Aug 27, 2010 at 03:00:32 PM PDT

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        •  He gets it (0+ / 0-)

          http://www.senate.gov/...

          All members of Congress pay Social Security taxes in the same amounts as they would if they were employed in the private sector at the same salary level. The amount of a congressional pension varies and depends on years of service, age at the time of retirement, and salary.

          Everything I write is within a margin of error of precisely 100%.

          by Bailey Savings and Loan on Fri Aug 27, 2010 at 03:12:54 PM PDT

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          •  Looks like I'm stuck in a time warp. (0+ / 0-)

            This thread is full of trolls, at least one of which is very likely a zombie. Zombies and trolls: Seen any elves lately?

            by ThAnswr on Fri Aug 27, 2010 at 06:01:54 PM PDT

            [ Parent ]

          •  He gets it (0+ / 0-)
            Not if he was elected before 1986.  He was elected in the 70's, before Reagan dropped the Civil Service Retirement System so he would be on the old CSRS which did not pay into SS.  Now, he could conceivably get SS by having paid into SS for 30 years of "substantial" earnings outside of his federal service, but he cannot qualify because of his federal service.
            Reagan royally screwed federal employees when he and congress passed the Federal Employee Retirement System (FERS) which put all fed folks under SS and lowered the retirement multiplier.  To offset that somewhat the "Tax Savings Plan" (a government 401K, basically) was created.  The run of the mill (non-elite) worker's retirement took a real hit from this.
        •  Depending on what he did before (0+ / 0-)

          he entered public service, he could be collecting both; a former colleague of my spouse's was counting on collecting three different pensions on retirement -- military, transit, and grocery clerk (which he did between military and bus driving), but he was killed in a motorcycle accident just a few months before his planned retirement date. (Still miss ya, Tom...)

          My spouse pays into Social Security, and money also goes into the transit district pension plan; while he won't be able to collect on Social Security until age 65 or thereabouts (he was born in 1956 so not sure what the retirement age is), he'll be able to collect on the transit pension at 55 or whenever he retires after that. That way drivers with health issues that might affect their driving can go ahead and retire and still be able to hang in financially.

          "When it gets harder to love, love harder" -- Van Jones, NN10, 7/23/10

          by Cali Scribe on Fri Aug 27, 2010 at 03:13:11 PM PDT

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      •  He's been on corporate boards. (1+ / 0-)
        Recommended by:
        demnomore

        He's probably getting a lot more than that.

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