Archive: Glenn Springstead
The brief’s key findings are: About 5 million state and local workers are not covered by Social Security on their current job. The law requires that their pension plans provide a benefit equal to what they would have received upon retirement if they were covered by Social Security. While all plans meet the letter of…
Abstract Social Security is designed to serve as the base of retirement support, to be supplemented by employer-sponsored plans. However, approximately one-quarter of state and local government employees – currently, around 5 million workers annually – are not covered by Social Security on their current job. Federal law allows these noncovered workers to remain outsid…