State And Local Gov T Pension Plans

Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
ISBN: 1437939961
Size: 59.14 MB
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DB pension plans still provide the primary pension benefit for most state and
local workers.6 A DB plan determines benefit amounts by a formula that is
generally based on such factors as years of employment, age at retirement, and
salary level.7 ... Nearly 7 million state and local government employees, which is
about one-fourth, are not required to pay Social Security taxes on the earnings
from their government occupations and therefore receive no Social Security
benefits based on ...

Supplemental Medicare Premium

Size: 25.70 MB
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Generally, you will owe the premium if you are eligible for Medicare Part A for
more than 6 full months of 1989, and your tax for 1989 is $150 or more. if you are
not sure you are Medicare eligible, contact your local Social Security
Administration office. If you are married filing separately and you are not
Medicare eligible for more than 6 full months of 1989, you may still owe the
premium if you meet both the following conditions: - You live with your spouse
during any part of the year.

Public Policy Toward Pensions

Author: Sylvester J. Schieber
Publisher: MIT Press
ISBN: 9780262193870
Size: 24.12 MB
Format: PDF, ePub
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The aging of the enormous generation known as baby boomers has set off a
scramble, in both the popular press and among scholars, to assess the effects of
their movement from the workforce to retirement. Most of the attention centers on
political questions concerning key federal support programs for the elderly,
especially Social Security, Medicare, and Medicaid. While this focus overlooks a
number of vital aspects of the change in American demographics, it is likely to
remain very ...

Federal Social Policy

Author: Donald T. Critchlow
Publisher: Penn State Press
ISBN: 9780271041544
Size: 33.56 MB
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In addition, the elderly receive essential medical coverage and social services
"entitlements" which Congress in 1965 grafted onto the Social Security structure
by enacting Medicare, Medicaid, and the Older Americans Act. Medicare, which
... was hindered because federal and state public-employee pension programs
were treated differently than coverage in the private sector; now that nearly all
workers must contribute to Social Security, reforms in government-employee
benefit ...