Social Security Retirement Insurance

Private Pensions: Group and Individual

There is no impact on Social Security Retirement benefits due to income from employer or individual private pensions.

Pensions from work not covered by Social Security: Government Pension Offset and Windfall Elimination Provision:

If during your employment history you worked for an employer who didn't withhold Social Security taxes, such as a government agency or an employer in another country, and you receive a pension based on that income, the amount of money you receive from that pension may reduce any Social Security benefits for which you are also eligible.

Your benefit can be reduced in one of two ways:

• "Windfall Elimination Provision" effects how your retirement or disability benefits are figured if the pension you receive is from work not covered by Social Security, such as a teacher's pension. The standard formula used in this instance to figure your benefit amount is modified, giving you a lower Social Security benefit. A fact sheet which describes this situation, and provides a computation formula, is located at http://www.socialsecurity.gov/pubs/10045.html

• "Government pension offset" applies if the other pension you receive is from a government pension and you are eligible for Social Security benefits as a spouse or widow(er). For more information on the offset, see the fact sheet Government Pension Offset (Publication No. 05-10007), available at: https://secure.ssa.gov/apps6z/isss/main.html

For Additional Information on Social Security Retirement

See: http://www.ssa.gov/pubs/10035.html .

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