Browsing: SOCIAL SECURITY

Q. Does the WEP start when you sign up for Social Security or when you retire from your non-SS job? A. First things first: Unless you have reached your full Social Security retirement age and are still working, any Social Security benefit you are entitled to would be reduced by $1 for every $2 you earn above the Social Security earning limit. In 2019 that limit is $17,640. Full Social Security retirement ages range from 65 to 67, depending on your year of birth. After you retire, the windfall elimination provision would apply. The amount of Social Security benefit you’d…

Q. I am a widow for two years and I am receiving a federal pension and also my Social Security. I’m 67 years old. If in the future I get married again, can I lose my federal pension? A. No, if you are referring to a federal annuity based on your own work record. You could remarry at any age without it having any affect of that benefit. However, if you are referring to a federal survivor annuity, surviving spouses only lose that benefit if they remarry before age 55.

Q. I have worked for the government in two different agencies. I worked for the U.S. Postal Service for 12 years under CSRS, which was followed by time in the U.S. Department of Commerce for the remainder. This includes four years of military service. There was a break of more than a year between the two. I was classified as being Offset CSRS in the Department of Commerce, but I have always paid into Social Security both in the Postal Service and Commerce. Shouldn’t I be exempt from WEP? A. Because you had a period of service under CSRS –…

Q. I am 58 and have received the Social Security Administration supplement for one year. I have taken a job that will certainly push me over the $17,500 limit. When do I have to notify OPM? When do they reduce the SSA and how soon can they reinstate it if I quit the job causing me to exceed the allowable income limit? A. You’ll find the answer to your question at https://www.opm.gov/retirement-services/publications-forms/csrsfers-handbook/c051.pdf. Just scroll to Sections 51A3.1-1 and 51A4.1-1.

Q. I am a federal employee with 42 years of CSRS service. Will I be afforded the opportunity to receive Social Security benefits when I reach the age of 65? A. You would only be entitled to a Social Security benefit if you had worked outside the government and earned at least 40 Social Security credits. However, because you worked under CSRS – a retirement system where Social Security taxes weren’t deducted from your wages – you’d be subject to the windfall elimination provision of law. The WEP would reduce that benefit unless you had at least 30 years of…

Q. I am eligible to retire under CSRS with what is currently 37 years of service (SCD JUL 1982). I am still working and plan to for a couple of more years. However, I became eligible for full Social Security January 2019, for work employed outside of CSRS. Would my CSRS pension (when I retire) be reduced by this amount if I were to sign up for it or is it the Social Security amount that will be reduced or eliminated? A. If you have reached the age when you are eligible for a full Social Security benefit (between 65…

Q. I retired from the Navy Reserve with 39 years (9 active duty) and received a regular retirement check (over 60 years). I have a 60 percent service connected disability and receive VA disability pay. I am in FERS and will soon retire with 20 years service (bought back the 9 AD years). Will I be allowed to keep my military retirement pay, disability pay and FERS retirement pay? Also, will there be any impact to my full Social Security annuity when I turn 66 and 10 months? A. Yes, you’ll be able to receive reserve retired pay and your…

Q. I am a federal law enforcement retiree (I left service in 2015) and get my FERS annuity and special supplement. I was recently approved for Social Security Disability. Does SSDI affect my supplement, i.e., is it considered wages that count against the supplement limit on earnings? Will my FERS annuity be affected? A. Your special retirement supplement won’t be affected. That’s because only earnings from wages or self-employment can affect that benefit. Social Security Disability Insurance is neither.

Q. Individuals covered under CSRS pay CSRS employee deductions, and are excluded from Old Age, Survivors and Disability Insurance taxes of Social Security. They may contribute up to the Internal Revenue Service elective deferral limit each year to the Thrift Savings Plan (TSP), but CSRS employees who contribute do not receive any government contribution. There are so many references in Office of Personnel Management materials, congressional papers and Treasury manuals that prohibited those working under this system from paying into Social Security, how can Congress and Social Security turn around and penalize survivors whose spouses paid into Social Security? Why…

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