Windfall Elimination Provision.
I am a British Citizen no a naturalized American. I moved here at the age of 48 in Aug 2001. I have 40 qtrs. and more on my SS record. I am entitled to a UK National Pension of about $800 per month. I have also contributed to my companies final salary pension plan pre tax since I joined them at 16, which should net me about $2300.00 per month.
How will the windfall elimination provision effect my US SS entitlement, are both these entitlements effected by the provision?

Thanks
PS. I have worked for the same company since 1970, moving to our US division in 2001.

Hi,

I'm not an expert on the UK pension plan, but to the best of my knowledge your receiving US Social Security benefits won't affect your UK pensions. However, if you're receiving a UK pension based on your work there, it will likely cause you to receive a lower US Social Security retirement benefit rate. This is due to the Windfall Elimination Provision (WEP), which can affect the calculation method used to compute retirement benefit rates. To learn more about WEP, refer to this Social Security publication: https://www.ssa.gov/pubs/EN-05-10045.pdf. Our maximization software is programmed to handle WEP calculations, so you may want to use it to get an accurate estimate of what you can expect to receive from Social Security, and to determine your best filing strategy.

Best, Jerry