Ask Larry

Non-Covered Pension - WEP / GPO

Which Estimate Is Correct?

I am 64 years of age and am a federal csrsoffset employee with 23 years of service . I contacted social security and have gotten three different estimates regarding my benefits when I apply for them at the end of 2017. I am trying to get my monthly earnings from both sources as to know what my budget would be. Social security estimates received are $811.00 and $ 1109.00 And one for $1229.00 and a printout saying 87% of earnings , I font know which estimate to believe . thanks for any or a correct input.


Friday, April 21, 2017 - 08:19

Can I Draw Spousal Benefits While Receiving A Pension From My Employer?

My employer opted out of social security many years ago for a pension plan that is invested in the stock market. I have worked there for 37 years. I am getting closer to retirement age (within next 10 years) and am not sure how to handle retirement. I lost a significant amount of money years ago and thusly do not have a large amount in my plan <$200,000.00. Can I draw the spouse's portion of social security and draw out quarterly or semi annual amounts from my pension if I roll it over into something. Or is there a certain age where I can have both? Thank you.

Wednesday, April 19, 2017 - 06:24

How Does Social Security Calculate The WEP Guarantee Provision?

How does Social Security calculate the WEP reduction based on no greater than 1/2 of the portion of the monthly pension that is attributed to the non-covered work time? I had to retire earlier than planned due to a cancer diagnosis. My non-covered time is just a fraction of my total time that is included in my pension and it is part-time work (less than 1/2 time). It is calculated as a portion of my pension by the state agency that issued the pension at 13.5% non-covered. However, SSA reduced my pension by more than 50%.

Sunday, April 9, 2017 - 06:15

Why Can't I Get Spousal Benefits?

I do not have 40 quarters (and retired on WEP) so i applied on my husband. i am over 67 and so is my husband and he is drawing $380+- with WEP. I was told my check would be under $100 a month and therefore they did not have to pay me . ??? not that i had not met the other requirements.


Friday, April 7, 2017 - 05:30

How Will Our Benefits Be Affected By By Non-Covered State Pension?

I am a state employee in a non social security state and also work part time in the private sector. In a couple of years when I retire, my social security earnings will exceed 30 years with about 15 years of substantial earnings. How will this affect my social security benefit? My wifes social when she retires will be greater than mine as she will have 30+ years of substantial SS earnings. Will her SS be reduced after my death when she receives my survivor benefit (2/3 of my pension)?
Thank you


Wednesday, April 5, 2017 - 06:30

Will My Government Pension Affect Widow's Benefits?

I am 89 my husband dies at 94 I have never had social security but he did. I get a retirement from working for government it is udner 1000 dollars a month. I was told at SS center I will not get 100 percent of my husbands SS because I make retirement from government. He said it will lessen. I so not get ss, but governement retirement. I do not understand if he is correct. he was in an hurry it was the end of the day.

Thank you Doris

Hi Doris,

I'm sorry for your loss.

Wednesday, March 29, 2017 - 10:15

Why Would My Widow's Rate Be So Low?

My Husband passed, im 60 I work for public school dept. I was planning to retire in January. I have a retirement plan and wold be getting a lesser amount at age 60. I was told if I get a pension and collect my husband ss I would receive only a reduced rate of $350.00 from the 71.5 % of 1,900. I do not understand this If he was here I would be ok. I cant survive on just my week to week pay and thought his social security for widow would have helped me. If I coutinue workin I was told I will also get a reduction because I make too much.

Wednesday, March 29, 2017 - 08:00

Will My Social Security Benefits Be Affected If I Receive A Survivor Pension?

Thank you for this service -
My husband has earned soc. security as well as been a community college teacher subject to windfall. I have worked for 40 years and have earned SS benefits. He has chosen the pension option which provides that the pension comes to me when he passes.
Is my Soc.Security benefit amount mpacted when that happens or is it immune other than from SS Taxes?
thank you very much for your help.


Tuesday, March 28, 2017 - 07:15

Should I Withdraw My Contributions To My Teacher Retirement Plan?

I am a teacher and when I turn 62 I will still need to teach 1 more year to reach the rule of 80. I worked previously and have paid in my 40 quarters in SS. Should I just draw out my part that I've paid in TRS and put it with my previous 401K money and draw either my SS or draw spousal support on my husband's SS since he will be full retirement age and his benefit is much greater than mine? Thank you.


Monday, March 27, 2017 - 06:45
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.