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The number of fiscal quarters the employee worked during his or her lifetime and the amount of money the employee contributed to the Social Security Trust Fund

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the number of fiscal quarters the employee worked during his or her lifetime and the amount of money the employee contributed to the Social Security Trust Fund

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The number of fiscal quarters the employee worked during his or her lifetime and the amount of money the employee contributed to the Social Security Trust Fund

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Q: What determines the dollar amount of a retired employee's monthly Social Security check?
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Related questions

The provided monthly pensions for retired people?

The Social Security Act is what provided monthly pensions for retired people. It was a tax created in 1930 for employers and employees.


What determines a dollar amount of a retired employee's month social security check?

The number of fiscal quarters the employee worked during his or her lifetime and the amount of money the employee contributed to the Social Security Trust Fund


How do you take some of your social security money out early?

The only way to access Social Security money early is to retire early, but within the restrictions of the Social Security System. If you do that, your monthly payments will be smaller than if you retired at the "normal" time or later.


What act provides monthly pensions for retired people?

The social security act. This act was part of the New Deal by Franklin D. Roosevelt.


Does hatch act apply to retired federal employees?

No


What is Xerox responsibility for employees medical insurance in retirement Employees hired in the 70's with 20 yrs service?

Xerox does not provide medical insurance for its retired employees. It does, however, provide some financial support for the retired employee to purchase insurance.


How many retired federal employees are there?

According to this data if read correctly, there were 1,572,855 retired federal employees. This was as of 2006 year end. Source-http://www.opm.gov/feddata/RetirementPaperFinal_v4.pdf There are also currently over 1,300,000 retired military personnel receiving a pension.


What is average ny social security benefit pay?

what is the average social security payment for all people that are retired


How did Dan Rostenkowski manage to enact a bill to penalize city employees ex Chicago Firefighters from receiving full Social Security Benefits even though they paid in enough quarters from other jobs?

Because retired government employees have a guaranteed pension. So, come retirement time, former government employees would be "double dipping" from the tax payers if they received both a pension and social security benefits. The bill, though not the brain child of Rostenkowski, was supported by him and the majority of congress.


How much pension is fixed to the employees wh0o retired prior to 01-01-2006?

what will the revised pension those retired from defence service prior to 1.1.2006


How might retired executives in any organization assist in the career management of current employees?

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Is TRICARE a Medicaid program?

No. Tricare covers certain Federal employees, including retired military.