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Old 10-25-2016, 09:59 AM
 
Location: Baltimore, MD
3,745 posts, read 4,216,823 times
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ER already knows this but for other posters, this is not a "mistake". The agency needs to recalculate the benefit every October if the beneficiary had reported earnings from the prior year. For those still working, look forward to another letter next October.
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Old 10-25-2016, 10:56 AM
 
Location: Los Angeles area
14,018 posts, read 17,735,102 times
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Quote:
Originally Posted by ansible90 View Post
The written explanation will probably come in tomorrow's mail :-)

You nailed it! Actually the written explanation came two or three hours after I made the original post for the thread. If only I had waited!


It was the ususal yearly recalculation due to 2015 earnings, and my payment of $36 represented $4 per month retroactive pay for January through September.


It wasn't that the letter was late; the payment was early (which is what had me wondering, as in past years I always got the letter first). The letter said to expect the payment on October 29, but I had received it on October 17.


Much ado about nothing - my apologies.
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Old 10-25-2016, 12:20 PM
 
530 posts, read 537,963 times
Reputation: 959
Quote:
Originally Posted by Escort Rider View Post
You nailed it! Actually the written explanation came two or three hours after I made the original post for the thread. If only I had waited!


It was the ususal yearly recalculation due to 2015 earnings, and my payment of $36 represented $4 per month retroactive pay for January through September.


It wasn't that the letter was late; the payment was early (which is what had me wondering, as in past years I always got the letter first). The letter said to expect the payment on October 29, but I had received it on October 17.

Much ado about nothing - my apologies.
... Same thing happened to me, too ... I was scratchin' my head until the "explanation" came.
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Old 10-25-2016, 12:56 PM
eok
 
6,684 posts, read 3,170,335 times
Reputation: 8464
Quote:
Originally Posted by Escort Rider View Post
followed by my regular payment on its regular date in its regular amount of $61.00.
That wording is confusing. The word "regular" seems to imply your regular monthly SS benefit. But $61 is obviously another adjustment. Does it mean you got two annual adjustments when you only expected to get one? And the first one was an adjustment to an adjustment? And the $61 was the adjustment that was being adjusted by the first adjustment amount?
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Old 10-25-2016, 01:22 PM
 
Location: SoCal
13,225 posts, read 6,326,744 times
Reputation: 9833
Thanks to this thread, I think I can expect another increase next year because we have income this year.
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Old 10-25-2016, 03:19 PM
 
Location: Los Angeles area
14,018 posts, read 17,735,102 times
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Quote:
Originally Posted by eok View Post
That wording is confusing. The word "regular" seems to imply your regular monthly SS benefit. But $61 is obviously another adjustment. Does it mean you got two annual adjustments when you only expected to get one? And the first one was an adjustment to an adjustment? And the $61 was the adjustment that was being adjusted by the first adjustment amount?

I disagree with "obviously". No, I wrote accurately that $61 is my normal monthly Social Security net payment (after the $100 and change is deducted for the Medicare Part B premium. Some people have a very small (negligible really) SS payment. Not everybody is "normal", as not everyone had a career which was covered by FICA taxes. My SS retirement benefit is based on part-time jobs while in college and on part-time moonlighting jobs subsequently (but not every year). Slim pickings, but no problem because I do not rely on SS for my retirement income.
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Old 10-25-2016, 05:18 PM
 
Location: Durham NC
1,189 posts, read 1,296,472 times
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Quote:
Originally Posted by lenora View Post
ER already knows this but for other posters, this is not a "mistake". The agency needs to recalculate the benefit every October if the beneficiary had reported earnings from the prior year. For those still working, look forward to another letter next October.
I knew that to be the case due to the fact my last year of earnings was higher than anticipated.
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Old 10-25-2016, 05:33 PM
eok
 
6,684 posts, read 3,170,335 times
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Quote:
Originally Posted by Escort Rider View Post
I disagree with "obviously". No, I wrote accurately that $61 is my normal monthly Social Security net payment (after the $100 and change is deducted for the Medicare Part B premium. Some people have a very small (negligible really) SS payment. Not everybody is "normal", as not everyone had a career which was covered by FICA taxes. My SS retirement benefit is based on part-time jobs while in college and on part-time moonlighting jobs subsequently (but not every year). Slim pickings, but no problem because I do not rely on SS for my retirement income.
Does that imply you have a different pension than SS? Some kind of government employee pension? So the SS is just incidental? That makes it much clearer. The $61 was confusing because it didn't make sense in context.

If Hillary says she's going to increase everyone's SS, I wonder what she will do to yours. Maybe make it $62.
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Old 10-25-2016, 09:06 PM
 
Location: Los Angeles area
14,018 posts, read 17,735,102 times
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Quote:
Originally Posted by eok View Post
Does that imply you have a different pension than SS? Some kind of government employee pension? So the SS is just incidental? That makes it much clearer. The $61 was confusing because it didn't make sense in context.

If Hillary says she's going to increase everyone's SS, I wonder what she will do to yours. Maybe make it $62.

Yes, I have a California State Teachers' Pension. I suppose if there is a general increase in SS, it would be on a percentage basis, so I would get some very small increase as you point out. I don't want or need or deserve any SS increase.
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Old 10-25-2016, 09:18 PM
 
Location: Whereever we have our RV parked
8,782 posts, read 7,701,741 times
Reputation: 15056
My wife just started SS this year also. She got a little over $200.
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