Are you a Baby Boomer who has worked for both the public and private
sector during your working career? If so, you are probably feeling
pretty good about your retirement options, which very likely include a
public pension, as well as Social Security. Unfortunately, under the
Windfall Elimination Provision, you may not be eligible for all the
Social Security benefits you think are coming to you.
No more "double dipping"
Before 1983, people who worked in both public and private jobs could collect a full pension when they retired, as well as Social Security benefits, as long as they qualified. Benefits were calculated as though the employee had been a low-wage worker throughout his or her career.
http://www.usatoday.com/story/money/personalfinance/2014/07/21/social-security-baby-boomers-should-beware-of-this-provision/12848423/
No more "double dipping"
Before 1983, people who worked in both public and private jobs could collect a full pension when they retired, as well as Social Security benefits, as long as they qualified. Benefits were calculated as though the employee had been a low-wage worker throughout his or her career.
http://www.usatoday.com/story/money/personalfinance/2014/07/21/social-security-baby-boomers-should-beware-of-this-provision/12848423/
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