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If you have 40 or more quarters that you have paid into Social Security--you are eligible for Medicare AND can collect a PORTION of your SS. There is an offset because of your teacher pension.
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yes. as long as you contribute into the plan, anyone regardless of his/her immigration status is entitled to receive the benefit for which has contributed.
Yes, it does. Illinois unemployment law allows the state to reduce your unemployment compensation by 50% of your Social Security benefit. Illinois is one of only five states t…hat still apply an offset to unemployment. For more information, see Related Questions, below.
No. If you are really retiring, it would mean you are not looking for full time employment, which is a key part of one's being eligible for unemployment benefits. Merely not b…eing qualified for any other program does not entitle you to the benefits, unfortunately.
Call 1-800-772-1213 or visit Social Security Online for answers. You should contact SSA for specific answer. Of course a teacher can collect social security from a spouse. H…OWEVER, if a teacher worked in a state whose teachers do NOT pay into Social Security (there are 14 of them), their spouse's social security will be reduced. Again, please consult your attorneys, tax advisor, and social security for detailed information and specifics. Ask about WEP (Windfall Provision) and GPO (Government Pension Offset).
Can you collect social security from PA paid while teaching there and Ohio teacher retirement money from teaching there?
Yes, you can. As you said, teachers in Ohio do NOT pay social security. Teachers in Pennsylvania DO pay social security. HOWEVER (and there is a big however), when you s…tart to collect social security, you will take a hit from social security. This is called a Windfall Provision. Spousal benefits are also affected. With that said, PLEASE CONSULT YOUR ATTORNEY AND TAX ADVISOR. I am not an expert.
Yes. As long as you qualify for each, they are unrelated programs that do not affect each other.
i was laid off today, not due to poor performance, budgetary concerns. planned on working till 66.5 ....I am 62 ...can I collect unemployment and social security>
Beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959. Go to the SSA gov web site and use the search box for… FULL RETIREMENT AGE Click on the below Related link
Social Security can be collected by anyone who qualifies for it, whether unemployed, retired, or even if still working. Some states offset unemployment by SS's benefits, but t…he main question is whether teachers are even qualified to receive it. In Nevada, for instance, because teachers are paid by government, no Social Security taxes are deducted from their paycheck, so they are not eligible. They have, instead, a state pension plan to take its place.
Yes, you can collect from them both at the same time, as long as you qualified for each of them.
You can file as early as age 62, but your benefits will be reduced to about 75% of the amount you would receive if you file at full retirement age. Full retirement age is 65… years for people born before 1943; 66 years for people born between 1943 and 1954; and gradually increases to 67 years for people born in 1955 and later.
why can i retire at 51 can i get any benenfit
In Rhode Island
Yes, as long as you qualify for each of them individually.
Are Texas teachers who receive state retirement able to collect on husband's Social Security disability when they reach age 62?
no....because most teachers pay only into TRS (Teacher Retirement System) and not into SS, they will receive their TRS only...the government stopped a loop hole back in 2004 f…or receiving TRS and SS, because the government considers it double-dipping...so if a spouse paid into SS, the teacher cannot get spousal benefits from the spouse because it would be considered double dipping...there is a small chance that the teacher would be eligible for a small amount of her spouse's SS, or even her own if she worked her 40 quarters before teaching, but the amount would be subject to two penalties called the GPO and Windfall...please check your local SS office on more of these two penalties.
only if they contribute to the fund.
Yes, but there may be limits