I taught overseas for the Dept. of Defense Dependents Schools (Dodds) for 10 years and paid Social Security for 40 quarters. I have a small federal retirement w/Dodds and a Texas Teacher's Annuity. The Texas Teacher's Annuity doesn't pay social security so a Windfall Provision reduces my SS. There is talk of doing away with it, but no telling when. Having taught for Dodds overseas and paid SS, should I be penalized since I was teaching for the U.S. Government for those ten years? Is it better to take SS now at 69 or wait until May when I'm 70 to see what happens with Windfall?
Non-Covered Pension - WEP / GPO
I am a retired Texas teacher. I retired in 2014 I will be 66 09/15/2016. At 63 I filed on my ex-husband's benefits and was told I would not receive any money because I made too much money. Everytime I call or go in to see Social Security they tell me something different. Today I had two people on different lines telling the opposite things. The one I like said in September I will receive $504 and month. There is also a letter from Carolyn Covin
The contained this"Because You Have Already Filed a Claim for Benefits
After working in the private sector and having “substantial earnings” and Social Security contributions for 25 consecutive years, I left the workforce in 2012 at age 45, took two years off to get a graduate degree, and then became a public elementary school teacher in Massachusetts. I intend to work exclusively as a public school teacher for at least 15 years (with no outside covered work during this time, thus no Social Security contributions) and expect to collect a modest pension from this brief teaching career starting at about age 63.
I taught school for about seven months (Aug 1974-March 1975) in a Texas school district that did not take out social security from teachers' paychecks. Will this affect my ability to take my divorced spousal benefit when I reach FRA in Feb 2018? I have more than 40 years of SSI credit besides my short time as a teacher.
My financial advisor said another client could not take her divorced spousal benefit because she had taught for 25 years in a district that did not take out social security for teachers.
I am 81 years old and have been receiving federal retirement benefits since I retired in 1995. I was told I cannot receive a portion of my deceased husband's retirement benefits since I receive my own federal retirement check. I worked a short time in the private sector and receive $92.00 a month Social Security from my own eligibility. My first husband, to whom I was married for over 25 years, died recently. Because of my own federal retirement check, I expect that I cannot receive any of his payments either. He was 78 years old and was already collecting social security.
My wife is going to be under the GPO & WEP in filing for SS, so we don't expect much. But would both the GPO & WEP be in play if she should claim spousal benefits? And is there a tool out there that would figure out what her income will be with both of these programs that lessen her payout each month?
I retired at age 60 from a job earning about $46,000. a year. Since I worked for a school district I am collecting on my PERS (Public Employees Retirement System). My husband retired from the certificated sector of education so he is collecting on his STRS (State Teachers Retirement System). I am planning on waiting until the age of 70 to begin collecting on my Social Security. Is this the best I can do? Also, what about any Social Security monies my husband has contributed over his lifetime? Can I collect on that even though he is not allowed?
my ex husband will receive a percent of my pension when I retire (I am a city employee and pension is my only retirement, I do not have social security benefits). he will also receive his own retirement plan (401 type plan) and social security benefits. will his own social security benefits be affected by the fact that he will also receive some of my pension? will his benefit be offset by anything? can I use his SS benefit to decrease the amount of my pension that he receives? thank you
I have 32 years of government service under the FERS retirement system, into which I've paid SSI taxes. My spouse is a teacher covered under CALSTRS, and has therefore not paid into SS. She does have the required 40 quarters of work where she paid into SS, however, in addition to her years teaching. Currently, we believe the WEP will eliminate virtually 100% of any small SS benefits for which she is eligible. My question is, would she be eligible to file for spousal SS benefits based on my benefits? At 50% of my anticipated SS income, that would amount to a nice sum.
I was born 1948 my wife 1954. We both draw a retirement form the start of Alaska. My wife only gets about $300 a month from the Alaska retirement. We both are vested in SS 40+ quarters. I started my ss when I was 62 and was reduced because I was retire from the state of Alaska to $350 a month. Because of off set laws and others I under stand I can not draw on my wife's SS and her SS will be reduced because she get a AK retirement.