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Reply #2

In the discussion thread: Chicago Teachers $10 Billion pension fund paying out $1 billion+ a year...haven't been paying SS [View all]

Response to dkf (Original post)

Wed Sep 19, 2012, 10:00 PM

patrice (47,302 posts)

2. That's crazy, no SS??? I can't imagine a reason for that. Clue me, anyone? nt

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9 replies	Author	Time	Post
Chicago Teachers $10 Billion pension fund paying out $1 billion+ a year...haven't been paying SS [View all]	dkf	Sep 2012	OP
Nobody cared when teachers earned less than high-school drop-outs in the steel industry.	WinkyDink	Sep 2012	#1
That's crazy, no SS??? I can't imagine a reason for that. Clue me, anyone? nt	patrice	Sep 2012	#2
Same with my pension. We pay into the pension instead of SS.	Gidney N Cloyd	Sep 2012	#3
And I should mention my employer and I both contribute.	Gidney N Cloyd	Sep 2012	#8
because their pension system predated social security	dsc	Sep 2012	#4
Some corporations, e.g. IBM, Kodak, used to provide pension plans, & employees	patrice	Sep 2012	#5
they were specificly exempted by law	dsc	Sep 2012	#7
No wonder they get paid relatively well...the city doesn't have the employer contribution.	dkf	Sep 2012	#6
10% return each year.	RobertEarl	Sep 2012	#9

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