tag:blogger.com,1999:blog-19246708.post1930114985913192539..comments2024-03-29T02:05:50.350-04:00Comments on Social Security News: Soaring Disability Payments?Unknownnoreply@blogger.comBlogger11125tag:blogger.com,1999:blog-19246708.post-14929615669624383432013-07-05T20:52:46.066-04:002013-07-05T20:52:46.066-04:00Yeah...darn those overpaid government employees! I...Yeah...darn those overpaid government employees! I'd much rather my retirement or disability claim be taken by a high school graduate making $8.00 per hour. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-51528707524490168042013-07-05T14:17:26.130-04:002013-07-05T14:17:26.130-04:00Just like government employees.Just like government employees.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-26957690169118120792013-07-05T12:56:39.127-04:002013-07-05T12:56:39.127-04:00I don't think that most Medicare recipients kn...I don't think that most Medicare recipients know the federal govt pays 75% of the premium for Part B. That $109.40 per month looks a lot better than $437.60!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-45734160033748814832013-07-05T11:55:41.803-04:002013-07-05T11:55:41.803-04:00Government's Share
The Government's share ...Government's Share<br />The Government's share of premiums paid is set by law. Amendments to the FEHB law under the Balanced Budget Act of 1997 (Public Law 105-33, approved August 5, 1997) authorized a new formula for calculating the Government contribution effective with the contract year that begins in January 1999. This formula is known as the "Fair Share" formula because it will maintain a consistent level of Government contributions, as a percentage of total program costs, regardless of which health plan enrollees elect.<br /><br />For most employees and annuitants, the Government contribution equals the lesser of: (1) 72 percent of amounts OPM determines are the program-wide weighted average of premiums in effect each year, for Self Only and for Self and Family enrollments, respectively, or (2) 75 percent of the total premium for the particular plan an enrollee selects.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-21948884651191740482013-07-05T10:03:09.767-04:002013-07-05T10:03:09.767-04:00Actually, my insurance with the government is more...Actually, my insurance with the government is more expensive and covers less than what I had working in the private sector. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-81952556704037313292013-07-05T09:51:31.719-04:002013-07-05T09:51:31.719-04:00How about raise government employee health insuran...How about raise government employee health insurance to the level of the public. Thats a raise we would like to see!<br /><br />If it is soooo terrible working for the government, go work in the private sector.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-65013484803569859482013-07-03T17:13:08.087-04:002013-07-03T17:13:08.087-04:00Well since you aren't working, it dhouldnt be ...Well since you aren't working, it dhouldnt be equal should it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-13542324600440846072013-07-03T14:53:45.520-04:002013-07-03T14:53:45.520-04:00Yep those folks have it great - I wish I was disab...Yep those folks have it great - I wish I was disabled and survived on a pittance! Then some years i'd get a 'raise' and recieve a tiny % larger pittance! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-72842129514210576462013-07-03T13:45:50.441-04:002013-07-03T13:45:50.441-04:003.6% cost of living adjustment at the end of 2011 ...3.6% cost of living adjustment at the end of 2011 and the 1.7% cost of living adjustment at the end of 2012<br /><br />must be nice to get a raise from the government...something federal employees don't know much about. But apparently there's enough money to make sure people who aren't working get a raise. What a system!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-24973927089946289372013-07-03T11:20:53.038-04:002013-07-03T11:20:53.038-04:00Charles,
This data skewers your "it's (m...Charles,<br /><br />This data skewers your "it's (mostly) all due to the baby boomers!" argument.<br /><br />The baby boom goes until about 1955, meaning a large number of baby boomers have not aged out from DI to RI. You wouldn't expect to see "stasis" in disability payments until after most boomers had crossed that line if their increasing numbers and increased likelihood for disability were the main cause of the spike in payments...<br /><br />What this apparent "stasis" DOES line up with is the slowing and reversing of the economic downturn that began in 2008. But of course, we won't talk about that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-63240994690792001762013-07-03T07:36:13.069-04:002013-07-03T07:36:13.069-04:00First of all, the amount for June 2013 is estimate...First of all, the amount for June 2013 is estimated. At least wait till the numbers are fact before you get too excited. <br /><br />Second, what if July or August comes out higher, then what?Anonymousnoreply@blogger.com