Ask Larry

Will My SSI Be Reduced When I Start Drawing A Pension?

IAM going to receive a pension next month and I receive SSi will that affect my SSI in other words will that may be have a reduced incomes or

Hi,

Yes, if you are receiving Supplemental Security Income (SSI) and you become eligible for a pension then in all likelihood your SSI payments will be reduced roughly dollar for dollar by the amount of your pension. SSI is a needs based benefit, so any change in your income or resources can have an impact on your eligibility for SSI or your payment amount.

If you haven't already done so you should be sure to notify Social Security about your pension in order to avoid receiving an overpayment that you would be expected to repay.

Best, Jerry

Posted: 
Nov 8 2019 - 11:15am
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