Somehow I have the feeling you folks are talking about 2 different things.....
sounds like OP is not yet 65? (".....until I hit 65" ) in which case OP would not yet be eligible for Medicare and would not be paying premiums? I'm guessing OP meant that the payroll/FICA/Medicare taxes were being taken out of paycheck and now that paycheck has stopped, what happens?
I think the payroll tax is only paid on earned income. I don't know how you become Medicare-eligible......do you have to contribute for a certain # of quarters like for SS? I seem to remember that people who haven't contributed enough having to buy in through a lump sum or something like that.
When OP is starts getting Medicare, then Medicare B premiums can be deducted from SS. Never heard of them being deducted from pensions.
edit to add: if you google "medicare eligibility" , you get a questionaire you can fill out like this: it sounds like you need 10 yrs of eligibility (same as SS
) . Don't know what happens if you don't.......but I think that's where you have to buy in w/ lump sum.
Eligibility & Enrollment Date Calculator Results
Based on your work history, you are not eligible for premium free Medicare benefits at this time. For further information, please visit www.socialsecurity.gov
, call Social Security at 1-800-772-1213, or visit or call your local Social Security office.
Recap of Your Answers
Date of Birth: 1/1/1945
Have you worked 10 years or more in Medicare covered employment: No
Are you a U.S. citizen: Yes