Q. I retired at age 64 with 41 years and nine months. I had over 2,457 hours of sick leave. I also had two years military. At the time of retirement I did not qualify for Social Security. I am now 70 1/2 and work a part-time job. I now qualify for Social Security. Due to sick leave saved I get 82 1/2 percent of my high-3. Will applying for Social Security in any way affect my annuity?
A. Applying for a Social Security benefit will have no affect on your annuity. However, because you are receiving an annuity from a retirement system where you didn’t pay Social Security taxes, the windfall elimination provision will reduce the the amount of your Social Security benefit. To find out more about the WEP, go to https://www.ssa.gov/pubs/EN-05-10045.pdf.