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Topic: In other news ...

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Cincydawg

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Re: In other news ...
« Reply #19572 on: October 19, 2022, 08:53:17 AM »
The minimum Social Security benefit calculation was developed to help certain low-income workers boost their benefit amount. This calculation looks at years of coverage in place of someone’s earnings to estimate how much they might receive from Social Security. For 2022, the special minimum benefit starts at $45.50 for someone with 11 years of coverage and goes to $950.80 for workers with 30 years of coverage.
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847badgerfan

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Re: In other news ...
« Reply #19573 on: October 19, 2022, 09:11:09 AM »
Does someone who never worked get SS payments?
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Cincydawg

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Re: In other news ...
« Reply #19574 on: October 19, 2022, 09:13:30 AM »
The only people who can legally collect benefits without paying into Social Security are family members of workers who have done so. Nonworking spouses, ex-spouses, offspring or parents may be eligible for spousal, survivor or children's benefits based on the qualifying worker's earnings record.
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Cincydawg

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Re: In other news ...
« Reply #19575 on: October 19, 2022, 10:22:32 AM »
Why Cadillac Thinks It Can Sell a $300,000 Car (roadandtrack.com)

Not a sporty car of course.  I doubt there are many in that price range attracted to a Caddy these days.  It's more about having something more than unusual, it has to have established cache etc.
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bayareabadger

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Re: In other news ...
« Reply #19576 on: October 19, 2022, 02:38:17 PM »
Quote from: 847badgerfan on October 19, 2022, 09:11:09 AM
Does someone who never worked get SS payments?
Nope. Though the math is a bit odd. 

You earn credits, up to four a year. You need 40 total. Each credit requires some piddling sum of money (a bit more than $1,500). So if you work 10 years full time, or some number more than 10 at a considerably part time pace, you qualify. 

It looks like about 4% of the old don’t qualify. You also have to be living a truly desperate lifestyle or earn a ton of under the table money to make that happen. 
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847badgerfan

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Re: In other news ...
« Reply #19577 on: October 19, 2022, 03:12:15 PM »
Quote from: bayareabadger on October 19, 2022, 02:38:17 PM
Nope. Though the math is a bit odd.

You earn credits, up to four a year. You need 40 total. Each credit requires some piddling sum of money (a bit more than $1,500). So if you work 10 years full time, or some number more than 10 at a considerably part time pace, you qualify.

It looks like about 4% of the old don’t qualify. You also have to be living a truly desperate lifestyle or earn a ton of under the table money to make that happen.
So, they get welfare, or they are living off of inheritance (or something?) then.
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longhorn320

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Re: In other news ...
« Reply #19578 on: October 19, 2022, 03:19:46 PM »
There is spouse survivor social security benefits
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847badgerfan

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Re: In other news ...
« Reply #19579 on: October 19, 2022, 03:44:50 PM »
Quote from: longhorn320 on October 19, 2022, 03:19:46 PM
There is spouse survivor social security benefits
Yep, I know, but you can't take yours and your spouses. You have to pick one. This is problematic to me. Both of us have max points.
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bayareabadger

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Re: In other news ...
« Reply #19580 on: October 19, 2022, 06:45:08 PM »
Quote from: 847badgerfan on October 19, 2022, 03:12:15 PM
So, they get welfare, or they are living off of inheritance (or something?) then.
Either did a lifetime of welfare, lives off the grid or worked a lot of off the books jobs.

I could also imagine some people who either had a spouse they didn’t legally marry or separated from late in life on non-amicable terms.

Also, maybe some later in life immigrants?
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OrangeAfroMan

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Re: In other news ...
« Reply #19581 on: October 19, 2022, 09:18:24 PM »
Quote from: 847badgerfan on October 19, 2022, 09:11:09 AM
Does someone who never worked get SS payments?
You just HAVE to feel cheated somehow, at every turn, don't you?  
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bayareabadger

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Re: In other news ...
« Reply #19582 on: October 19, 2022, 10:11:00 PM »
Quote from: OrangeAfroMan on October 19, 2022, 09:18:24 PM
You just HAVE to feel cheated somehow, at every turn, don't you? 

People are being civil. Maybe try it. 
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Cincydawg

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Re: In other news ...
« Reply #19583 on: October 20, 2022, 08:07:41 AM »
I need to remind my wife about the spousal benefit, she's only worked here since 1999, so I get more.  She gets SS from France.
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Cincydawg

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Re: In other news ...
« Reply #19584 on: October 20, 2022, 08:10:04 AM »
I just got the email about the increases for COLA.  I think the CPI should be adjusted to reflect more what older folks spend on rather than the actual CPI.  There is such a thing.

I know this increase is better than nothing, but for some folks, it's not treading water.  

Having a lot of folks employed obviously helps prolong the SSTF's solvency.
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Cincydawg

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Re: In other news ...
« Reply #19585 on: October 20, 2022, 09:02:07 AM »
Former Georgia Bulldogs football star, Pro Football Hall of Famer and College Football Hall of Famer Charley Trippi died Wednesday, it was announced. He was 100 years old.
Trippi played for the Bulldogs from 1942-43 and again from 1945-46 in a career that was interrupted by military service during World War II. He was a two-time first-team SEC selection, an SEC Player of the Year and Maxwell Award winner. He helped lead the Bulldogs to a 9-0 victory over UCLA in the 1943 Rose Bowl and a consensus national championship. He rushed for 130 yards and was retroactively named the Player of the Game when the award was created in 1953. His No. 62 jersey is retired at Georgia.
Famed Alabama head coach Bear Bryant and college sportscaster Keith Jackson both called Trippi "the greatest football player ever," while Georgia Tech coach Bobby Dodd called him the "best safety man the South ever had" for his ability on defense.


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