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Railroad Retirement vs Social Security

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Posted by Murphy Siding on Friday, November 11, 2016 3:36 PM

schlimm
 
RME

 

schlimm
In thine opinion.

Not mine; academic authorities on English grammar.

 

 Since when is the Wiktionary "academic authority"?  Laughable!
 
I suppose I should have said "Also sprach Euclithustra" or, in keeping with the 1891 translation of Nietzsche's work, "Thus Spake Euclithustra"?

 

I can't help thinking that "Buckythustra" has a bit more bite, and that there is an appropriate pun on one of the other handles we think he has used. 

On that I agree. "Buckythustra" is fertile pun ground with numerous possibilities. And spaketh/spoke/sprach might be more contextually correct as "Thus Circumlocuteth Buckythustra"?

 
T

I'm just playin'

 

As was I.  Arcane word games can be fun.

 

 

 

 

Yeseth, buteth....

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Posted by schlimm on Friday, November 11, 2016 2:57 PM

BaltACD

 

 
schlimm
On a more serious note, relating to Medicare and maybe later to Social Security:

Ryan on Medicare

 

If only Ryan could get us old phoggies to die off quickerAngry

 

These days best be careful what you wish for!!  Umbrella

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Posted by BaltACD on Friday, November 11, 2016 2:26 PM

schlimm
On a more serious note, relating to Medicare and maybe later to Social Security:

Ryan on Medicare

If only Ryan could get us old phoggies to die off quickerAngry

Never too old to have a happy childhood!

              

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Posted by schlimm on Friday, November 11, 2016 2:23 PM

On a more serious note, relating to Medicare and maybe later to Social Security:

Ryan on Medicare

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Posted by schlimm on Friday, November 11, 2016 2:19 PM

RME

 

schlimm
In thine opinion.

Not mine; academic authorities on English grammar.

 

 Since when is the Wiktionary "academic authority"?  Laughable!
 
I suppose I should have said "Also sprach Euclithustra" or, in keeping with the 1891 translation of Nietzsche's work, "Thus Spake Euclithustra"?

 

I can't help thinking that "Buckythustra" has a bit more bite, and that there is an appropriate pun on one of the other handles we think he has used. 

On that I agree. "Buckythustra" is fertile pun ground with numerous possibilities. And spaketh/spoke/sprach might be more contextually correct as "Thus Circumlocuteth Buckythustra"?

 
T

I'm just playin'

 

As was I.  Arcane word games can be fun.

 

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Posted by Deggesty on Friday, November 11, 2016 1:40 PM

Yes, the "eth" ending is the third person singular present ending. Now, we simply add the letter "s" for the same purpose.

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Posted by Murphy Siding on Friday, November 11, 2016 12:44 PM

schlimm
 
RME

 

 
schlimm
spaketh

 

"Nonstandard, pseudo-archaic, hypercorrect".  And not really at all amusing.  (And you were the one being snotty about 'pavane' while misspelling that, too?)

Just go ahead and use the actual, real, correct conjugation if you want to make the parallel with Nietzsche or Strauss.  We'll all be better for it.

 

 

 

In thine opinion.  Poetic license.  I suppose I should have said "Also sprach Euclithustra" or, in keeping with the 1891 translation of Nietzsche's work, "Thus Spake Euclithustra"?

The "pavane" thing.  Still boiling over with resentment?

 

I'm not sure I even understand what's being discussed here.  I will say that I find it very amusing.Laugh

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Posted by RME on Friday, November 11, 2016 11:53 AM

schlimm
In thine opinion.

Not mine; academic authorities on English grammar.

Poetic license.

You have to actually write poetically to have that license... Wink  But that was too easy a straight line.

I suppose I should have said "Also sprach Euclithustra" or, in keeping with the 1891 translation of Nietzsche's work, "Thus Spake Euclithustra"?

I can't help thinking that "Buckythustra" has a bit more bite, and that there is an appropriate pun on one of the other handles we think he has used. 

The "pavane" thing.  Still boiling over with resentment?

Naaaw.  It just reminded me of the circumstances.  (I wonder if 'reminded me again' is actually redundant in these circumstances?)

I'm just playin'

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Posted by schlimm on Friday, November 11, 2016 11:26 AM

RME

 

 
schlimm
spaketh

 

"Nonstandard, pseudo-archaic, hypercorrect".  And not really at all amusing.  (And you were the one being snotty about 'pavane' while misspelling that, too?)

Just go ahead and use the actual, real, correct conjugation if you want to make the parallel with Nietzsche or Strauss.  We'll all be better for it.

 

In thine opinion.  Poetic license.  I suppose I should have said "Also sprach Euclithustra" or, in keeping with the 1891 translation of Nietzsche's work, "Thus Spake Euclithustra"?

The "pavane" thing.  Still boiling over with resentment?

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RME
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Posted by RME on Friday, November 11, 2016 11:14 AM

schlimm
spaketh

"Nonstandard, pseudo-archaic, hypercorrect".  And not really at all amusing.  (And you were the one being snotty about 'pavane' while misspelling that, too?)

Just go ahead and use the actual, real, correct conjugation if you want to make the parallel with Nietzsche or Strauss.  We'll all be better for it.

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Posted by Euclid on Friday, November 11, 2016 8:33 AM

Euclid
 
Ulrich
 
schlimm

 

 
CMStPnP

 

 
SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

 

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

 

 

 

Just the opposite. Those American Railroad executives owe their jobs to all those worker bees making the railroad profitable!

 

 

 

 

They need each other. Workers need entrepreneurs who start and run businesses, and businesses, of course, need workers to produce the products and services that the business sells. Nobody owes anyone anything. Its very much a symbiotic relationship. 

 

 

 

Thumbs Up       A+     

 

Most importantly, the entrepreneurs risk losing their own money to start and run a business.  If the business fails, and they lose their money, the employees' loss is limited to just losing their job. 

Neither the employers or the employers are victims of each other.  Both have a stake in the company.  If the employees don't think they are getting their share, they are free to invest and start their own company. 

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Posted by jeffhergert on Friday, November 11, 2016 8:23 AM

CMStPnP

 

 
ACY

For many years, the 401K option was available to Amtrak Management employees, but not Agreement covered employees. I understand the Company contributed a share to those Management 401K plans. When the option became available to Agreement employees, the Company declined to add an additional contribution to the Agreement employees' contributions. My 401K was supported 100% directly by me. I guess they weren't legally obliged to contribute anything more, but it added a little extra source of resentment to the whole mix. The people who got the matches were already making more money in the first place, and generally got to sleep almost every night in their own bed. 

Tom 

 

 

That doesn't sound legal.   Are you sure they did it that way?   401 Match is to make the plan more fair between employees that cannot contribute as much AND executives who can contribute more.   It's meant to balance the scales more in front of the Feds.   That's the only purpose of a match.   The greater the % match they give the employees the greater the Executives can contribute, generally.

So I am not sure how they got around that with Executives and Managers only participating in a plan unless Managers were stipulated as Employees vs Executives.

 

There is no requirement for employers to match contributions.  Most, but not all, usually do.  As an agreement employee, my 401(k) contribution is not matched.  I believe non-agreement employee contributions are matched.

Having the company match 401(k) was a suggestion for the latest round of contract negotiations.  I don't know if it made it the cut or not.

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Posted by schlimm on Friday, November 11, 2016 7:04 AM

Euclid
       A+ 

Thus spaketh the corporatists.

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Posted by CMStPnP on Friday, November 11, 2016 3:03 AM

ACY

For many years, the 401K option was available to Amtrak Management employees, but not Agreement covered employees. I understand the Company contributed a share to those Management 401K plans. When the option became available to Agreement employees, the Company declined to add an additional contribution to the Agreement employees' contributions. My 401K was supported 100% directly by me. I guess they weren't legally obliged to contribute anything more, but it added a little extra source of resentment to the whole mix. The people who got the matches were already making more money in the first place, and generally got to sleep almost every night in their own bed. 

Tom 

That doesn't sound legal.   Are you sure they did it that way?   401 Match is to make the plan more fair between employees that cannot contribute as much AND executives who can contribute more.   It's meant to balance the scales more in front of the Feds.   That's the only purpose of a match.   The greater the % match they give the employees the greater the Executives can contribute, generally.

So I am not sure how they got around that with Executives and Managers only participating in a plan unless Managers were stipulated as Employees vs Executives.

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Posted by jeffhergert on Thursday, November 10, 2016 11:11 PM

A few years ago we had a RRB representative at a union meeting.  She said RRT was safe for the forseeable future, barring any massive job losses.  The biggest threat to Railroad Retirement will be the loss of those paying in when the carriers begin pushing for one person crews.  Over all their lines, not just those equipped with PTC. 

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Posted by Euclid on Thursday, November 10, 2016 6:58 PM

Ulrich
 
schlimm

 

 
CMStPnP

 

 
SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

 

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

 

 

 

Just the opposite. Those American Railroad executives owe their jobs to all those worker bees making the railroad profitable!

 

 

 

 

They need each other. Workers need entrepreneurs who start and run businesses, and businesses, of course, need workers to produce the products and services that the business sells. Nobody owes anyone anything. Its very much a symbiotic relationship. 

 

Thumbs Up       A+     

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Posted by SD70M-2Dude on Thursday, November 10, 2016 6:31 PM

schlimm
CMStPnP
SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

Just the opposite. Those American Railroad executives owe their jobs to all those worker bees making the railroad profitable!

I prefer to think that we both owe our positions to the railroad's customers, a view that many executives have forgotten.

Greetings from Alberta

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Posted by Ulrich on Thursday, November 10, 2016 4:56 PM

We've got some big ones here too.. Bombardier, Magna International, Linamar, the Irving Group, McCain Foods, are five multi billion dollar manufacturing companies that immediately come to mind . Granted, we don't have the manufacturing base that you do... our population is 10% of yours, and we're more heavily dependent on resources and services.  The flow of talent runs both ways too. You sent us E Hunter Harrison.. we sent you JJ Hill (the Empire Builder).. etc.

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Posted by CMStPnP on Thursday, November 10, 2016 4:30 PM

......And a few years before they had to import American Airline Executives to fix their National Airlines that were nearing the rocks.    I tried to think of the largest manufactuerer in Canada but all I come up with is Ford and General Motors and aren't they really managed from Detroit, Michigan? 

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Posted by Ulrich on Thursday, November 10, 2016 1:35 PM

schlimm

 

 
CMStPnP

 

 
SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

 

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

 

 

 

Just the opposite. Those American Railroad executives owe their jobs to all those worker bees making the railroad profitable!

 

 

They need each other. Workers need entrepreneurs who start and run businesses, and businesses, of course, need workers to produce the products and services that the business sells. Nobody owes anyone anything. Its very much a symbiotic relationship. 

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Posted by schlimm on Thursday, November 10, 2016 1:11 PM

CMStPnP

 

 
SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

 

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

 

Just the opposite. Those American Railroad executives owe their jobs to all those worker bees making the railroad profitable!

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Posted by jeffhergert on Thursday, November 10, 2016 12:24 PM

CMStPnP

 

 
SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

 

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

 

Except for those who have holes in their boats.

Jeff

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Posted by CMStPnP on Thursday, November 10, 2016 12:07 PM

SD70M-2Dude
But, but, but Trump will make 'Murica great again, and all will be well right!!!???

Says the guy that owes his job to an American Railway Executive....lol.

I don't share the gloom and doom.   A large rising tide lifts all boats, even the ones with Moosehead on board.  Big Smile

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Posted by SD70M-2Dude on Wednesday, November 9, 2016 11:43 PM

zugmann

Good chance there may be a renewed push for the end of RRT.   Hope all my conservative RR bothers like their jobs - they may be doing them well into their 70s.

But, but, but Trump will make 'Murica great again, and all will be well right!!!???Bang HeadBang HeadBang Head

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Posted by Paul of Covington on Wednesday, November 9, 2016 1:50 PM

schlimm
Maybe that or, if some folks get their way, privatization to benefit the financiers.

   I think you hit the nail on the head.

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Posted by zugmann on Wednesday, November 9, 2016 1:15 PM

Good chance there may be a renewed push for the end of RRT.   Hope all my conservative RR bothers like their jobs - they may be doing them well into their 70s.

It's been fun.  But it isn't much fun anymore.   Signing off for now. 


  

The opinions expressed here represent my own and not those of my employer, any other railroad, company, or person.t fun any

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Posted by BaltACD on Tuesday, November 8, 2016 5:12 PM

schlimm
 
BaltACD
 
schlimm
NKP guy

The RRB and teacher pensions in many states were designed to provide for retirement.  SS was designed as a supplement and for most, it still is that.  The systems should not be merged.  I am not sure what the hidden agenda of merger proponents is, but it's not to benefit recipients. 

The hidden agenda is a bigger pot of gold to loot for favored pork barrell projects.  Just like they have looted SS. 

Maybe that or, if some folks get their way, privatization to benefit the financiers.

In any event - those covered by Railroad Retirement won't benefit.

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Posted by schlimm on Tuesday, November 8, 2016 1:17 PM

BaltACD

 

 
schlimm
NKP guy

The RRB and teacher pensions in many states were designed to provide for retirement.  SS was designed as a supplement and for most, it still is that.  The systems should not be merged.  I am not sure what the hidden agenda of merger proponents is, but it's not to benefit recipients.

 

The hidden agenda is a bigger pot of gold to loot for favored pork barrell projects.  Just like they have looted SS.

 

Maybe that or, if some folks get their way, privatization to benefit the financiers.

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Posted by BaltACD on Tuesday, November 8, 2016 12:55 PM

schlimm
NKP guy

The RRB and teacher pensions in many states were designed to provide for retirement.  SS was designed as a supplement and for most, it still is that.  The systems should not be merged.  I am not sure what the hidden agenda of merger proponents is, but it's not to benefit recipients.

The hidden agenda is a bigger pot of gold to loot for favored pork barrell projects.  Just like they have looted SS.

Never too old to have a happy childhood!

              

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Posted by schlimm on Tuesday, November 8, 2016 12:50 PM

NKP guy
 In 1920 teachers in Ohio united in a similar fashion to set up their own retirement system to ensure that retirees could live in dignity, if not grandeur.  Like railroaders, teachers here contributed more to their retirement systems, and in turn received more benefits.  

The RRB and teacher pensions in many states were designed to provide for retirement.  SS was designed as a supplement and for most, it still is that.  The systems should not be merged.  I am not sure what the hidden agenda of merger proponents is, but it's not to benefit recipients.

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