Csrs and ss

[hipster dufus]

Has anyone who is collecting a csrs pension been able to get a ss check? Did they reduce your benefit? Im studying up on it and cant seem to find a definitive ansewer.i have enough quarters to qualify but it is from part time earnings. Not what u would call substantial earnings. Please, only replies from actual examples. Thank you.

 

[Stroker]

A old friend applied for SS when he started his CSRS, he only got 25% of what he was supposed to draw. He asked them what happens to the rest of his money, they replied that it goes back in the system, I can't post his reply on here

 

[Artfuldodger]

Here is an online calculator. I think 25% as Stroker mentioned is a good ball park figure. If I recall I was gonna get about $1,000 a month social security from what I had paid into it in the 60's and 70's. When I retired from CSRS, the Social Security Windfall Elimination reduced it to about $250 a month. Just enough to pay my Medicare Part B and get about a $100 a month from Social Security.

Benefits Planner: Retirement | Windfall Elimination Provision (WEP) Online Calculator | SSA

If you will or are expecting to receive a pension based on work not covered by Social Security, our WEP calculator, can tell you how your benefits may be affected.

www.ssa.gov

 

[hipster dufus]

Im hoping to get enuff to cover medicare B. Like dodger but my ss earnings are small. Ill try the calculator. Im aware of the WEP.

 

[Throwback]

It will likely be a much reduced SS payout