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What else can I help you with?
Do people who serve in the military receive Medicare and Social Security?
At this time not any more after they stay long enough to retire from the military and receive the retirement pension.
If you worked for the Department of Defense will you be able to draw that retirement and social security?
Yes, if you worked for the Department of Defense and meet the eligibility requirements, you can receive both military retirement benefits and Social Security benefits. However, the amount of Social Security you receive may be affected by your military retirement pay, particularly if you have a high pension. It's advisable to consult with a financial advisor or the Social Security Administration for specific details regarding your situation.
Is the nystrs retirement pension affected by wep?
Yes, the New York State Teachers' Retirement System (NYSTRS) pension can be affected by the Windfall Elimination Provision (WEP) if you also receive a pension from a job where you did not pay Social Security taxes. WEP can reduce the amount of Social Security benefits you receive based on your non-covered pension.
What are some other sources of retirement income besides Social Security?
There are some other sources of retirement income other than SOcial Security. if you worked at a job with a pension plan, you will receive pension payments every month as well.
Can you receive social security and full military pension?
Yes, you can receive both Social Security benefits and a full military pension. The two are independent of each other, meaning that receiving one does not affect the other. However, if you qualify for Social Security disability benefits, your military pension might affect the amount of benefits you receive, depending on your situation. It's advisable to consult with a financial advisor or the Social Security Administration for specific guidance based on your circumstances.
What money do you receive when you retire?
When you retire, you may receive money from sources such as a pension, retirement savings accounts like a 401(k) or IRA, and Social Security benefits.
I am retired military 50 my wife 46 is going to retire from the Railroad in 2019 how is our social security impacted Can she receive RR retirement while I receive military retirement?
social security is not impacted by other retirements. they are separate. Your military retirement will not affect or change your wife's retirement from the railroad. you will each have your own retirement and at age 62 or older you each will also have your own social security. however, your wife many not have any input to social security benefits if she has not paid into social security during her work span. best to check with social security to see where she stands with social security
What is Pension in french foreign legion?
In the French Foreign Legion, a "pension" refers to a retirement plan or pension benefits that are provided to Legionnaires after they complete their service. Typically, Legionnaires are eligible for a pension after a minimum period of service, which allows them to receive financial support in their retirement. The pension system is designed to provide security for those who have dedicated their lives to serving in the Legion.
Can you give me a sentence with the word pension?
Most city employees receive a generous pension upon retirement.
What is the pension of a luitenant commander?
The pension of a lieutenant commander in the military varies based on factors such as years of service, retirement plan, and the specific branch of service. Generally, military retirees can expect to receive a pension that is a percentage of their base pay, calculated based on their years of service. For example, under the High-36 retirement system, a lieutenant commander might receive 50% of their average highest three years of pay after 20 years of service. Additional benefits and options can also affect the total pension amount.
How much is a widows pension who is above retirement age?
The amount of a widow's pension above retirement age varies depending on factors such as the deceased spouse's earnings history, the widow's age, and the specific pension plan. Generally, widows may be eligible to receive a percentage of their deceased spouse's Social Security benefits or pension benefits. It's best to contact the relevant authorities or pension plan administrator for specific information.
How long does Senator have to work for a retirement?
I believe a Senator or Representative is entitled to a government pension if he serves as little as a single day.Actually to earn a pension our Congressional Representatives must serve at least five years. They may receive a pension at age 50 if they have served 20 years or they may receive a pension at any age if they have served 25 years. It is a myth that our Representatives do not participate in Social Security. They actually get both. They pay 6.2% of their current $174,000 salary into Social Security and 1.3% into the FERS (Federal Employee Retirement System). How much they get from FERS is a mystery to me.
