How Much is Social Security Reduced if You Have a Pension? | Social Security & Your Pension

[@tiportangeles2696]

I just subscribed. I enjoy your content. Thank you for this video!

[@tisurmaster]

what if it's mixed? you work 20 years and paid into SS, but then you worked as a teacher and not pay into SS. I hear that you would have to work 30 years of paying into SS in order to not have a reduction in SS earning? There is something about paying into SS for 30 years in order to collect pension and social security.

[@christopherhennessey8991]

It’s not, as long as you paid FICA. Government employees may be subject to windfall reductions.

[@aidarodriguez635]

If Biden signs new bill to protect the government pensions like teachers etc. and not reduce social security benefits, will it apply to Puerto Rico?

[@irwinsaltzman979]

By teachers not paying into social security it saves the state/county the 8% fee they would need to pay into SS.

[@MrThaiBxr]

Immediately answered my question. Thank you.

[@socalifone3044]

I'm a retired city police officer from California who retired on a disability. On the job injury. Approximately what percentage of my SS would i loose ? Thx

[@awiserretirement]

If you were paying into SS, then no reduction. Otherwise have a look at the SS website and I will set an appointment with them to learn more about your specific situation. www.ssa.gov/benefits/retirement/planner/wep.html

[@Sjrick]

I am about to turn 61 in March. I have 16 months before i am eligible for SS. I also will have a NJ pension. I worked at a public school for 35 years. I will get 3k from that and 1800 from SS. My co-worker seems to think i wont be eligible until i turn 67 for benefits. Something about my age and 23,000 and anything over that will get taxed heavily. I emailed my local ss office and im waiting to hear back. Do you know what he was talking about ? Im lost when it comes to this.

[@davidhoppes118]

I hope you get more than what you say you’re going to get from your State Retirement because that is shit. I put in 10 years at a city fire department in Florida. Vested at 10 years, was able to draw at 45 years old but I waiting a little and I now I receive 33% of my base pay which is $812 before taxes every month. I’m 47 years old now and I still work.

[@Sjrick]

@@davidhoppes118 I’ve been retired 3 months now and I get 3173 every month. It’s enough to get by. My bills are less cuz I live alone. I’m looking forward to SS to see what I’ll be getting. But since I’m ok , that money will be icing on the cake

[@suburbohemian]

Does this rule apply to ex-spouses who get a portion of teacher pension in divorce but also have their own social security expected on retirement?

[@awiserretirement]

We would need more information, but based on what I understand from your question, this would not apply to the spouse of the teacher, just the teacher.

[@charleslewis3045]

i retired from el paso county juvenile probation after 20 years in 2020. i was approved for ssdi yesterday by an ALJ… i’m 51 years old….can this pension reduce my ssdi amount ? …. or is it the same as if i were to be working until 62, and begin collecting my normal social security benefit. ? thanks for your time

[@awiserretirement]

If in your paychecks you were paying into social security there is no reduction.

[@melgarcia91945]

if I worked 30+ years into Social Security and then took a government job after that. will I still get my full SS benefit ?

[@awiserretirement]

Depends on if you are still paying into SS. If so, no reduction.

[@melgarcia91945]

So I took a government job 5 years ago and no we don't pay into SS. but I do have the necessary credits for SS. I am only going to get a small Government pension of 2% at 11 years. @@awiserretirement