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Old 02-01-2017, 10:27 AM
 
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I was told by a teacher friend of mine that a person is not allowed to take a state retirement AND a federal retirement, and she thought this included Social Security.

My husband has not paid SS taxes while teaching but did work at other jobs before then and does qualify already for a small benefit, plus he will work at another job and pay in more SS taxes after he "retires" from teaching.

So will he be able to collect his SS benefits when he truly retires from working? (please don't make fun if this is a dumb question! )
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Old 02-01-2017, 10:35 AM
 
Location: Florida -
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If one qualifies for Social Security and for a State retirement pension, they will receive both. There is no conflict between the two.
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Old 02-01-2017, 10:38 AM
 
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Quote:
Originally Posted by jghorton View Post
If one qualifies for Social Security and for a State retirement pension, they will receive both. There is no conflict between the two.
Not necessarily, do you live in a Windfall provision state? I have a teacher pension and my social security (I have more than 40 quarters) is reduced. Trying to avoid double-dipping.
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Old 02-01-2017, 10:44 AM
 
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Originally Posted by Jstarling View Post
Not necessarily, do you live in a Windfall provision state? I have a teacher pension and my social security (I have more than 40 quarters) is reduced. Trying to avoid double-dipping.
Not sure about the Windfall state, will have to google that.

What do you mean by double-dipping?
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Old 02-01-2017, 11:01 AM
 
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I believe he will collect both since he paid into SS but it may be a minimum amount depending how much he put into it during the last 30 years.
Teachers who only teach do not pay into SS, but have their own teachers retirement fund, therefore do not receive SS benefits.
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Old 02-01-2017, 11:17 AM
 
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People that have earnings and pensions from govt/ state positions where employers did not withhold SS will have their SS benefits amounts reduced. This is explained quite clearly on the SS website.
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Old 02-01-2017, 11:21 AM
 
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Nothing is explained quite clearly, nor concisely, on any government site or publication. lol
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Old 02-01-2017, 11:38 AM
 
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Originally Posted by Luvvarkansas View Post
Nothing is explained quite clearly, nor concisely, on any government site or publication. lol
It is. Google Government Pension Offset.
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Old 02-01-2017, 11:44 AM
 
Location: North Beach, MD on the Chesapeake
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Originally Posted by marino760 View Post
I believe he will collect both since he paid into SS but it may be a minimum amount depending how much he put into it during the last 30 years.
Teachers who only teach do not pay into SS, but have their own teachers retirement fund, therefore do not receive SS benefits.
Not always. Not every state exempts teachers, or other government employees, from Social Security. I think only about twelve or so do (I may be off on the number). Those are the ones where SS can impose a penalty. As mentioned it's some sort of windfall provision.

I am collecting both a teaching pension (Maryland State Retirement System) and Socal Security with no windfall issues.

Quote:
Originally Posted by ChessieMom View Post
People that have earnings and pensions from govt/ state positions where employers did not withhold SS will have their SS benefits amounts reduced. This is explained quite clearly on the SS website.
This is more correct.
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Old 02-01-2017, 11:50 AM
 
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It all comes down to what state you teach in.


Why Aren

Teacher's Retirement and Social Security - Social Security Intelligence
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