I will be collection a City Pension in Massachusetts but living in New Hampshire when I reach the age of 65 will my social security benefits, which I earned from other employment, be penalized?
Hi,
Your place of residence is irrelevant to the determination of whether or not your Social Security benefits will be subject to reduction due to the Windfall Elimination Provision (WEP). If you are drawing a pension based on your work and earnings that were exempt from Social Security taxes, then your Social Security retirement benefits will be subject to a WEP reduction unless you meet one of the exceptions. For more information on WEP and the exceptions, refer to this Social Security publications: https://www.ssa.gov/pubs/EN-05-10045.pdf.
Best, Jerry