Public Service Pensions and Social Security Retirement Benefits

Fewer Americans can expect a pension to fund retirement in today’s world. According to Gallup Poll, only about 36 percent of Americans retired with a pension in 2013. There are many reasons that today’s workers count on Public Pension Social Security retirement benefits as a means of replacing income

Your Entitlement to Social Security Retirement Benefits

If you’re married, you may have questions about eligibility for Social Security spousal benefits. If your spouse doesn’t have a sufficient work and earnings history to earn primary Social Security retirement benefits, he or she may earn a spousal benefit of 50 percent of the beneficiary’s Primary Insurance Amount

Social Security Retirement Benefits Calculation

Knowing something about the Social Security retirement benefits calculation process can help beneficiaries better understand the claiming strategy philosophy later. It’s important to understand how Social Security calculates retirement benefits for retired American workers. Social Security Administration (SSA) has used the same criteria and methodology to calculate Social Security

Social Security Cost of Living Adjustment (COLA)

Social Security Administration (SSA) pays beneficiaries a retirement benefit based upon his or her lifetime earnings record. After the beneficiary claims Social Security retirement benefits, he or she receives that same monthly benefit until death. Only Social Security cost of living adjustment (COLA) increase the amount after the beneficiary’s