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GPO and WEP impact on Social Security spousal benefit
09-25-2020, 09:49 PM
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#1
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 364
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GPO and WEP impact on Social Security spousal benefit
Is there anyway a person with a governmental pension of around $60,000 a year would be able to collect any amount of Social Security spousal benefit?
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GPO and WEP impact on Social Security spousal benefit
09-25-2020, 09:56 PM
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#2
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 364
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GPO and WEP impact on Social Security spousal benefit
Is there anyway a person with a governmental pension of around $60,000 a year could collect any amount of Social Security spousal benefit?
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09-25-2020, 10:14 PM
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#3
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Recycles dryer sheets
Join Date: Nov 2013
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09-25-2020, 11:11 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
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Yes, hold off on collecting the pension, and claim the SS.
This would be of benefit if the pension increases due to the delay while collecting SS.
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Fortune favors the prepared mind. ... Louis Pasteur
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GPO and WEP impact on Social Security spousal benefit
09-26-2020, 04:01 AM
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#5
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 364
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GPO and WEP impact on Social Security spousal benefit
Quote:
Originally Posted by Sunset
Yes, hold off on collecting the pension, and claim the SS.
This would be of benefit if the pension increases due to the delay while collecting SS.
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Too late, pension already started. What’s the outlook now?
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09-26-2020, 04:19 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 1,869
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I think you are out of luck. Have you studied how the Government Pension Offset works?
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"Luck favors the prepared mind"
Pasteur
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09-26-2020, 04:48 AM
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#7
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Recycles dryer sheets
Join Date: Sep 2006
Location: clearwater
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You can claim under your own record if you have 10 years wherein you paid into social security. This benefit will be reduced by the GPO. So, you will normally , if you only paid in 10 years, collect around 50% of the calculation. If you did not pay in at least 10 years, then you will not qualify , as the GPO will wipe out any spousal benefit. Alternately, if you in retirement take a part time job and pay into social security for 10 years, that work will qualify you for a benefit. My husband is civil service, worked social security for 10 years, low pay , and collects around $350.00. ( student work etc...)
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09-26-2020, 05:50 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 10,226
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IIRC, GPO reduces survivor benefits by 2/3 of your government pension. At $60K that would be a $40K reduction so the answer would be no. Here is a GPO calculator.
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Every man is, or hopes to be, an Idler. -- Samuel Johnson
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09-26-2020, 06:56 AM
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#9
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Administrator
Join Date: Apr 2006
Posts: 15,816
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Quote:
Originally Posted by PERSonalTime
Is there anyway a person with a governmental pension of around $60,000 a year could collect any amount of Social Security spousal benefit?
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It depends on whether or not the person receiving the pension paid into social security for the employment that generated that pension. For example, I receive a government pension, but I paid into social security, so neither the WEP nor the GPO affect me. On the other hand, the young wife also receives a government pension, but she did not pay into social security, so she is subject to both WEP and GPO.
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Living an analog life in the Digital Age.
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09-26-2020, 07:01 AM
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#10
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Administrator
Join Date: Apr 2006
Posts: 15,816
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MODERATOR NOTE - two threads with identical posts by the OP have been merged. Please don't post multiple threads on the same thing.
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