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That depends how the pension is structured, and how much other income sources you have. I'm in my 50's and have only been at the job for 2 years, so if I retire at 65 that's only a little more than 10 years which won't get me a particularly large pension. Maybe average. I may or may not have another income source, don't know yet.
Anyway this is kind of off topic.
My dad had an USAF pension, Piper pension, Lockheed pension, plus a bunch of investments, pulling income. He was way over the limit. Then it all depends if you are ready to quit being productive and retire the day you turn SS age. That income hurts you in the limit. Many people pay in their entire life and then during their life made good decisions and when they get to the age to meet SS requirements, they learn their income is too large to collect SS. It is a scam so someone else gets to play with your hard earned income. It is socialist wealth redistribution.
My dad had an USAF pension, Piper pension, Lockheed pension, plus a bunch of investments, pulling income. He was way over the limit. Then it all depends if you are ready to quit being productive and retire the day you turn SS age. That income hurts you in the limit. Many people pay in their entire life and then during their life made good decisions and when they get to the age to meet SS requirements, they learn their income is too large to collect SS. It is a scam so someone else gets to play with your hard earned income. It is socialist wealth redistribution.
Are you sure you're talking about SS and not Social Security Disability? This is what the IRS site says about the topic:
Quote:
How does my pension affect my social security?
A. No. Generally speaking, a corporate pension or any other form of retirement income — interest from an investment account, for instance — won't affect Social Security benefits. The amount you get is determined by your income history, not by other retirement money you may have coming in.
Income does effect SSD payments though and you can only work and make so much and still get disability. Even Donald Trump, Barron and his wife are eligible to collect but more than likely didn't apply. It's not automatic.
Too bad so sad. You will never ever see Social Security. You will make too much in your pension to qualify to receive SS. That was my dads problem. His retirement income from all the sources he had coming in, was too high, to get SS.
The City of Galveston employees are better off and no SS taken from them.
I qualify for 4 of the requirements.
What are you even talking about? Is this some windfall provision thing?
Well, I'm highly unlikely to run into that problem, myself.
I think he's talking about people covered under the old Civil Service retirement system. They didn't pay into SS but instead paid into that CSRS. Some of those people also worked other jobs and did pay some into SS. Those people have a windfall elimination provision where they can't collect both.
I said I agreed that the government should not have to determine who can and cannot marry.
Whether you think you do or not, you believe the government should be able to determine who can and cannot marry ... unless you think it's OK for people to marry animals, children, and so on. If you believe those latter categories should not be able to marry adults, then you believe there should be laws against marrying them. And thus, you believe the government should have at least some say in who we can and cannot marry.
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