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Re: NYCTA pension

Posted by Broadway Lion on Fri Sep 13 16:26:50 2019, in response to Re: NYCTA pension, posted by Pragmatist on Fri Sep 13 11:58:54 2019.

We did not pay for social security for many years. But as the price of health care went up (We were paying $650.00/month per person)Medicare began to look like a good deal.

So we bought into Social Security. I thin we had to pay in a 10 year lump sum for each member, and there was another five year waiting period before benefits would kick in.

Obviously we did not buy-in the older monks who were not expected to survive those fifteen years, but for the rest of us sit was a good deal.

I had paid in of course from previous job, but had not enough years there for my SS check to amount to more that than my monthly Medicare premium.

No it is time for me to get hearing aids, but neither medicare nor medicaid, nor blue cross will pay for those. But the Veterans administration will. I also went on medicaid at the same time as that would affect my rank with the VA. They will also pick up my Medicare premiums. Very Interesting..

Serving the country is a good thing.

ROAR
A

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