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Old 08-23-2009, 10:29 AM   #1
Banshee
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Pension and Social Security

Got a question I can't get a concrete answer on...

I paid into Social Secuirty for 13 years (age 14-27) and have enough credits..will get $1478 a month. The dates were from 1986 until 1999.

I got a new job with a pension in 1999

My question is...Since I paid into Social Security until 1999 (not since) and I am paying into my pension since..will I get both my pension and SS?

Thx!
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Old 08-23-2009, 10:34 AM   #2
dayvedayve
 
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Are you paying into social security now? Is your pension from a state government like a teacher? Most of the time you will get both.
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Old 08-23-2009, 10:41 AM   #3
patriotpa
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The money you pay into SS isn't yours. It goes to people already on SS. It's a Ponzi scheme. If we're lucky we'll get SS, but I wouldn't count on it. Best advice is to consider that money gone.
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Old 08-23-2009, 12:17 PM   #4
Banshee
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My pension is a city position, and not been paying social security since 1999.

I understand my wages went for the people who retired when I was paying into it. Whether it is there (SS benefits) when I retire is speculative.

I just want to know if I need to bump up my retirement funds..is all.
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It's got a cop motor, a 440 cubic inch plant, it's got cop tires, cop suspension, cop shocks. It's a model made before catalytic converters so it'll run good on regular gas. What do you say, is it the new Bluesmobile or what?
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