The AP reports on three Texas counties who are among a small number of state and local governments around the country that opted out of Social Security for government employees or never joined up at all, like Massachusetts and Ohio years ago.
An Estimation of the plan on an employee who works 37 years at an average of $25,596 a year with a monthly benefit of $1,250, versus $669 from Social Security. An employee who worked the same amount of time, but earned $75,000, would get $3,663 a month, compared with $1,301 on Social Security.
Read the ful story here.
2 comments:
B.Y.
Sometimes I wish we were actually given the right to choose...as we all know...as citizens of the US we will never all agree on anything...especially not the important issues like this one.
NKR
B,
You still doing this blogging thing?? How are things going with it. I am sitting here with Purtle and we are amused at your titles. Lets grab some lunch.
A
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