Archive: Glenn Springstead
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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…
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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…