Non-Covered Pension - WEP / GPO
My question is concerning the ‘Windfall Elimination Provision’ (WEP), the law that takes away part of your Social Security benefits if you had income (in the US) for which you did not pay into SS at the time.
As I only immigrated to this country in the middle of my life, I have worked in my original home country (Switzerland) for the first part of my life. Therefore I receive a small pension (or Swiss social security payment) which I earned before I ever was obligated to pay into Social security as this was before I ever set foot into the USA.
I retired from municipal law enforcement after 25 years back in 2010 and began collecting my pension then. In this job I also contributed to social security. In 2013 I took a job with the State of Maine and began contributing to the state retirement plan. In approximately 6 months I become vested and quality for a benefit if I don't withdraw my contributions. I have read that the wep only applies to the primary pension. How would the wep apply if I stayed in the state pension system.
My husband is 72 and has been drawing SS since he was 62. I am a teacher and will retire next year at 66. If he passes away will I be able to draw any of his SS as survivor's benefit or widow benefit?
Jerry, you were kind enough to answer my question a couple months ago, a query wondering if my social security benefits would be affected because I receive a pension as a widow based on my husband's work. As I get ready to apply, reading of the GOP and WEP has me extremely nervous. Can you shed light on this confusing topic?
A WEP related question, please. I worked overseas for an international organization many years and accumulated a pension that pays more than 50k annually. The pension is subject to U.S. taxes. During my time of overseas employment, I did not pay into social security. Prior and current work has qualified me to receive Social Security which I am eligible to draw on now, or postpone for a few more years when I reach FRA or 70, etc. Will my SS payment be subject to a WEP adjustment? My financial advisor said no; and, I think she is wrong.
I am confused! I heard of gop and windfall. I am a 64 year old teacher in Louisiana who worked about 10 years in the social security system as a secretary low wages. My spouse died at 70 and still working and collecting social security. I plan to retire at 66. Do I file for widows, survivors, my own social security, first, last, same time as my trsl? Is there a book that can help me? trsl retirement about 1600$ who could live on that? Help?
For a friend...her husband died 5 years ago at age 60 never having collected his social security. She is a retired teacher receiving Texas retired teacher monthly check...did not pay into social security. Would she not be able to collect a widow's benefit from her late husband? She was told no. Please advise. Thank you.