Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Talking Rotten
Message
 
To
24/01/2019 00:21:01
General information
Forum:
Politics
Category:
Economics
Title:
Miscellaneous
Thread ID:
01665625
Message ID:
01665745
Views:
55
>>>>The endpoint of all those arguments was the oppression of the the "weak" by the "powerful" was foreordained and inevitable.
>>
>>Where's that coming from.
>
>We really don't have to answer that question.
>However we do have to say that it's unconscionable that a retired teacher who has who has worked all her life has to choose between rent and medicine while a Walmart heir whose only accomplishment was being born tools around in private jets.

I guess Sam Walton was also born rich. He made the money gave millions to charity and millions to his kids. I don't begrudge him 1¢. BTW, the inheritance tax rate in 1992 was 55% of everything over $6 million. So, didn't the US government get 55%?

If the retired teacher is from NJ maybe the problem is with the person not the system.


Qualified veterans may retire after 25 years of pension membership service credit at age 55 or older or after 20 years of service credit at age 60 or older . The annual benefit is equal to 54 .5 percent of the highest 12 consecutive months of base salary upon which pension contributions were based .Jan 3, 2018
Retirement Planning Member Guidebook - NJ.gov
https://www.nj.gov/treasury/pensions/documents/forms/sp0774.pdf


Based on our estimates using state data, only 55.9 percent of New Jersey teachers will qualify for employer-provided retirement benefits. ... Fortunately, New Jersey does ensure all of its teachers have access to Social Security benefits.
New Jersey | TeacherPensions.org
https://www.teacherpensions.org/state/new-jersey

Medicare part D ?
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform