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Railroad Retirement vs Social Security

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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.

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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. 

 

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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. 

Jeff

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

Euclid
       A+ 

Thus spaketh the corporatists.

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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 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 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 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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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 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 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.

Johnny

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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 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 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 2:57 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 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....

Thanks to Chris / CopCarSS for my avatar.

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Posted by RME on Friday, November 11, 2016 3:53 PM

schlimm
Since when is the Wiktionary "academic authority"? Laughable!

Ye gods!  Since NEVER!!  Shows what happens when you don't look carefully at a page full of references!!!

Where are the emoticons for sackcloth and ashes?

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Posted by schlimm on Friday, November 11, 2016 5:17 PM

RME

 

 
schlimm
Since when is the Wiktionary "academic authority"? Laughable!

 

Ye gods!  Since NEVER!!  Shows what happens when you don't look carefully at a page full of references!!!

Where are the emoticons for sackcloth and ashes?

 

Your comment on "spaketh" was verbatim Wiktionary (spaketh 

on Google.  There were also numerous examples of the word that doth offend thee on the first two pages, mostly in jest.

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Posted by RME on Friday, November 11, 2016 6:49 PM

Yes, I still find it hard to believe I quoted it.  And would have cut and pasted the three words, not just typed them verbatim, and STILL wouldn't have noticed the source.

 

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Posted by schlimm on Friday, November 11, 2016 9:32 PM

schlimm

 

 
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

 

Ryan wants to privatize Medicare by substuting vouchers.  I cannot see how that is good for seniors nor is there any valid reason to do so, other than enrich health insurance coffers. 

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Posted by ACY Tom on Friday, November 11, 2016 10:41 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

 

Maybe that's why he opposes gun control.

Tom

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Posted by ACY Tom on Friday, November 11, 2016 10:46 PM

Quote from Schlimm: "Ryan wants to privatize Medicare by substuting vouchers.  I cannot see how that is good for seniors nor is there any valid reason to do so, other than enrich health insurance coffers."

How much has Ryan invested personally in the Insurance Industry? 

Tom

 

 

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Posted by CMStPnP on Saturday, November 12, 2016 1:54 AM

Ahh, I know you older folks that voted Democrat are still upset Misty Snow lost the Senate race in Utah.    Maybe next time.

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Posted by Paul of Covington on Saturday, November 12, 2016 1:36 PM

CMStPnP

Ahh, I know you older folks that voted Democrat are still upset Misty Snow lost the Senate race in Utah.    Maybe next time.

 

   Yes, I was so upset that it kept me up all night rending my garments and gnashing my teeth.

  

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Posted by SD70M-2Dude on Saturday, November 12, 2016 7:48 PM

schlimm
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

I thought Death Panels were an Obama thing

Greetings from Alberta

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Posted by jeffhergert on Saturday, November 12, 2016 9:44 PM

ACY

Quote from Schlimm: "Ryan wants to privatize Medicare by substuting vouchers.  I cannot see how that is good for seniors nor is there any valid reason to do so, other than enrich health insurance coffers."

How much has Ryan invested personally in the Insurance Industry? 

Tom

 

 

 

I think the more relevent question is, "How much has the Insurance industry invested in Ryan."

Jeff 

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Posted by BaltACD on Saturday, November 12, 2016 10:35 PM

jeffhergert
ACY

Quote from Schlimm: "Ryan wants to privatize Medicare by substuting vouchers.  I cannot see how that is good for seniors nor is there any valid reason to do so, other than enrich health insurance coffers."

How much has Ryan invested personally in the Insurance Industry? 

Tom

I think the more relevent question is, "How much has the Insurance industry invested in Ryan."

Jeff

And how much is the Insurance industry gouging on health care, while being in a conspiracy with health care providers of both services and medicines to jack up prices 100%, 200% 1000% and then blame it on the Affordable Care Act.

Two years ago I broke the radius on my left arm.  It had to be surgically repaired through an 'outpatient' surgery center.  I arrived at the facility at Noon and spent an hour filling out forms.  Taken into per-op at 1 PM.  Procedure performed, installed a plate and 6 screws, into recovery and released at 5 PM.  Bill $25,000 to insurance (through my employer/union - not the ACA).  Insurance settled the bill for $17,000 + $1300 for anathesia + 2400 for the surgeon.  Later my doctor prescribed a 'bone stimulator' to enhance the healing process.  Insurance billed $4200 and insurance settled for $2500 for what appeared to be a $200 piece of electronic equipment.  In total I was billed $40K, Insurance settled on $25K and I had to pick up $1500 out of pocket. 

I don't begrudge any business to make a profit - it is obvious the 'billings' were Insurance prices - I don't know what prices would have been if I had said I didn't have insurance, only money - maybe less, maybe more.  The fact that insurance setteled at the prices they did by default means that the providers are making a profit at the settled price.  The reality is there is no effective control on health care prices and people are hit with these bills when they are in the most stressed periods of their lives - just wanting to feel 'normal' again and having no basis to 'comparison shop' for any of the procedures to know if they and/or their insurance carriers are being taken.  I suspect the ACA Insurers aren't challenging what they are being billed so they can claim losses on the business and jack the rates out of sight and say 'we told you so'. 

Never too old to have a happy childhood!

              

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Posted by tree68 on Saturday, November 12, 2016 11:54 PM

Recently read of a woman who delivered her baby in the front seat of her car in the hospital parking lot and was charged some outrageous fee for use of the delivery room, which she never visited during her stay...

A lot of this goes back to the insurance companies, which typically won't pay a decent rate for the service performed, so the providers have to charge a great deal more, in hopes that the insurance company will pay the amount the provider should get for the service in question.

There have been instances of insurance companies initially summarily rejecting claims they eventually paid on later resubmission.  Our ambulance service was encountering this on a regular basis.  

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Posted by Paul of Covington on Sunday, November 13, 2016 1:25 AM

    I can't talk about insurance companies without getting all worked up, so I'll just tell something my mother told me back in the 70's.    The dollar amounts seem outrageously low now, but this is what I remember.   Before medicare she and my father used to get flu shots every year for one dollar each.   After medicare, the price was ten dollars, medicare paid 80% ($8).   Their auxillary insurance paid half of the remainder, and they paid one dollar out of pocket.

(Edit):   On reflection, I realize that this is more of an indictment of the healthcare industry, but that's OK.   I'm not a fan of them either.

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