Hello,
A long time participant in this forum. Lots of excellent advice. I have a WEP related question.
From 1977-1992 (15 years) I worked for a city in TX. The 1st 7 years, I paid into Social Security, then the city opted out. So, for next 8 years I did not pay into SS at all.
Since 2009, I've received a pension based on my 15 years service . I've always believed that due to not paying into SS for 8 of the 15 years, I would be hit with the WEP reduction. Currently, due to other jobs that paid into SS, I have 29 years of "SS Substantial Earnings." In May 2021, I'll complete 30 years of substantial earnings. I hit my FRA in Feb. 2022.
Can anyone help me confirm if WEP actually applies to my situation? (Years ago, I asked the agent at local SS office and she said, yes, but did not actually look at my record.) Things at work are changing and not sure if I want to, or can last until May. Thank you!
A long time participant in this forum. Lots of excellent advice. I have a WEP related question.
From 1977-1992 (15 years) I worked for a city in TX. The 1st 7 years, I paid into Social Security, then the city opted out. So, for next 8 years I did not pay into SS at all.
Since 2009, I've received a pension based on my 15 years service . I've always believed that due to not paying into SS for 8 of the 15 years, I would be hit with the WEP reduction. Currently, due to other jobs that paid into SS, I have 29 years of "SS Substantial Earnings." In May 2021, I'll complete 30 years of substantial earnings. I hit my FRA in Feb. 2022.
Can anyone help me confirm if WEP actually applies to my situation? (Years ago, I asked the agent at local SS office and she said, yes, but did not actually look at my record.) Things at work are changing and not sure if I want to, or can last until May. Thank you!