Latest News
Public employees pay into Social Security
I respond to the Saturday letter “Public-pension folks escape duty to subsidize the poor” from Sam A. Chickerella Jr. He said he has been a financial planner for 30 years, and that “Only the public employees have pensions, and none of them pays into Social Security.” That is incorrect. Legislation passed in 1983, and enacted in January 1984, established the Federal Employees Retirement System, and all employees hired on or after that date were (and are) placed into FERS…Read More
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.