A pension AND NOW Social Security too???
(www.politico.com)
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Wow does this ever piss me off. So these fat cat fed workers get a nice pension. They have not been enrolled in SS. So they have not been paying in, right????. Now they get SS benefits??????
I've been paying into Social Stupidity all my life!!! Will I then get a pension???????.
You wanna really get pissed off? Here is my story. I worked for the USPS for 27.5 years. During that time I saved all of my sick leave. Accumulated over 2000 hours. I retired from the USPS at 57.5 years of age, too young to actually retire, but I "sold back" my 2000+ sick leave hours to make up the difference and retired with 30 years. So, now I get a full USPS pension AND at 57.5 years of age I began collecting Social Security. Also, when I turn 65 I'll get a 10% SS raise. What a wonderful country, huh? Look, I wasn't looking for these perks when I began my postal career thirty + years ago, I found out about them when I decided to retire. If they were there, why not get them? I did and now I'm happy in my old age.
How are you eligible for SS at 57?
Did you file a disability claim?
I did not file for disability. I was in the Federal Employees Retirement System (FERS). There is a caviot that stipulates if an employee retires before age 60 with 30 years of credible service, then that employee is eligible for Special Retirement Supplement (SRS). Here is the specifics on how to calculate the SS payments. https://www.fedweek.com/experts-view/how-to-estimate-a-fers-special-retirement-supplement/
Dang, nice bonus.
I retired from PERS and there is nothing in there about early SS.
I have to wait until 62 to begin collecting any SS, although I can collect a tiny amount from my late wife's SS at 60.