Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!mnetor!seismo!columbia!rutgers!sri-spam!nike!ucbcad!ucbvax!hplabs!utah-cs!b-davis From: b-davis@utah-cs.UUCP (Brad Davis) Newsgroups: net.taxes,net.legal Subject: Re: Social Security (how to get out) Message-ID: <3936@utah-cs.UUCP> Date: Wed, 8-Oct-86 06:20:08 EDT Article-I.D.: utah-cs.3936 Posted: Wed Oct 8 06:20:08 1986 Date-Received: Sat, 11-Oct-86 21:02:04 EDT References: <126@raster.UUCP> <6152@alice.uUCp> <209@mipos3.UUCP> Reply-To: b-davis@utah-cs.UUCP (Brad Davis) Organization: University of Utah VCIS Group Lines: 22 Xref: mnetor net.taxes:635 net.legal:3884 In article <209@mipos3.UUCP> ekwok@mipos3.UUCP (Edward C. Kwok) writes: >In article <6152@alice.uUCp> ark@alice.UucP (Andrew Koenig) writes: >>> IS THERE ANY WAY OUT??? >>No. >I remember reading somewhere that Federal government employees are >not obliged to contribute to the social security system. Anybody >wants to confirm that? > Most Federal government employees (including the military), some state and local government employees, and many school districts are exempt from FICA. This is how you get a 'double-dipper'. A 'double-dipper' worked for some Federal agency and is covered by that agency's program. The person retires at 55 and goes to work for some company as a high priced consultant (telling them how to get money out of the agency the person just left). When he (or she) retires at 65 (or maybe later) they get almost full benefits out of both funds. If they had worked in industry for both jobs they would have only gotten benefits from FICA. -- Brad Davis {ihnp4, decvax, seismo}!utah-cs!b-davis b-davis@utah-cs.ARPA One drunk driver can ruin your whole day.