TEAMSTER RETIREES MESSAGE BOARD
[ Post a Response | TEAMSTER RETIREES MESSAGE BOARD ]
Re: pension check
Posted by Ed McDonald on 2/16/2011, 9:49 pm, in reply to "Re: pension check"
Brothers, My check as well as most were reduced because of the change in the federal income tax deduction. Spacifically The Making work pay tax deduction we all received in 2008 and was scheduled to end in 2011. Most w2 wage earners were offset by the reduction in social security, but retirees don't pay ss so we see less in our pension checks. IT hurts, but I enjoyed the increase when I had it. The checks just don't go as far as they used too and its bull ----, and they say there is no inflation, thats the real scam. I wish us all luck and I hope this answer is useful although its not what we want to here.
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