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Pesion in future and ssdi?/

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Old 04-15-2010, 12:28 PM #11
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I;m 54 and applied for my pension from my UNION,, I can take a early retirement at 55,, BUT,, the thing is,, your pension is cut 3% a year from 55 up to 65,,, a 30% cut in benefits,, but not being able to work and getting a pension is a whole sight better then getting nothing at all,, and I dont think your pension income affects your disibility payment from SS
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Old 04-15-2010, 02:13 PM #12
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In Florida most jobs are not Union. Early retirement is 62. So you would start out getting 30% off then the next year 3% more? Your right it's better than nothing and between the two benefits you should at least be able to pay your bills and mortgage.
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Old 04-16-2010, 07:26 PM #13
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Originally Posted by legalmania View Post
The Disability payment is only the first paragraph. The rest has to do with workers comp, which it does affect your benefits.

However, workers’ compensation and other public disability benefits may reduce your Social Security benefits. Workers’ compensation benefits are paid to a worker because of a job-related injury or illness. They may be paid by federal or state workers’ compensation agencies, employers or by insurance companies on behalf of employers.


But Granny is not on WC, so that part does not apply to her. That's why I direct copied the relevant infomation for her in my reply.
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Old 04-16-2010, 07:30 PM #14
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But Granny is not on WC, so that part does not apply to her. That's why I direct copied the relevant infomation for her in my reply.
I think until wdwgranny responds to what she meant we should leave this back and forth alone.
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Old 04-16-2010, 07:34 PM #15
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In Florida most jobs are not Union. Early retirement is 62. So you would start out getting 30% off then the next year 3% more? Your right it's better than nothing and between the two benefits you should at least be able to pay your bills and mortgage.

Most likely, not

If he retires now it will be at 30% off of the amount it would have been if he worked to age 65. It doesn't go up each year after that (unless his union does COLA raises)

The 3% each year refers to how much it went down for each year early he takes retirement (3% x 10 years=30%)
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Old 04-16-2010, 08:40 PM #16
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Most likely, not

If he retires now it will be at 30% off of the amount it would have been if he worked to age 65. It doesn't go up each year after that (unless his union does COLA raises)

The 3% each year refers to how much it went down for each year early he takes retirement (3% x 10 years=30%)
This was Feel the Burns post. I was just asking a question, waiting for an answer (I think it's a her) at the top of the page.
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Old 04-16-2010, 11:46 PM #17
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And I am answering that question because I have some experience with how unions work the retirement issue
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Old 04-16-2010, 11:48 PM #18
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I think until wdwgranny responds to what she meant we should leave this back and forth alone.

I think you should not correct me when I am right. Wdwgranny's question is about a pension, not WC
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Old 04-17-2010, 12:25 AM #19
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I think you should not correct me when I am right. Wdwgranny's question is about a pension, not WC
Where did I say it was about WC?
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Old 04-17-2010, 12:58 AM #20
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Yup

This link says the same........http://www.ssa.gov/pubs/10018.html

Summaried as......"Disability payments from private sources, such as private pension or insurance benefits, do not affect your Social Security disability benefits."
This was your link not mine. The first sentence has to do with private sources and pensions, but the rest is about WC. You were agreeing with plgerrard.
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