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To: kabar
As a USG retiree living in Virgnia, I hope it passes. """

If it passes, the retirement income of EVERYONE, not just government workers, should be exempted. Why should government workers be treated better than the people who pay their salaries - and their retirement benefits?

20 posted on 01/09/2006 10:36:19 AM PST by churchillbuff
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To: churchillbuff
If it passes, the retirement income of EVERYONE, not just government workers, should be exempted. Why should government workers be treated better than the people who pay their salaries - and their retirement benefits?,/i>

As I indicated earlier, USG retirees must pay taxes on their pensions in VA, but SS non-government retirees don't pay any taxes on their SS peensions. Moreover, if a USG retiree is also eligible for a SS pension, the amount of the SS pension is significantly reduced.

I would also not that USG employees pay into their retirement pay at 7% of their salary. Currently the OASDI rate is 6.2%, but it was much lower 20 or 30 years ago. All Federal employees also pay into Medicare even if they weren't paying into SS.

26 posted on 01/09/2006 11:08:04 AM PST by kabar
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