Tom
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- Joined
- Jan 13, 2005
- Posts
- 51,898
LOL Denny, just trying to stay on topic ;D
Tom said:A friend decided to return to the workforce, and he mentioned "paying back social security". He has since decided he prefers retirement, but I haven't had a chance to talk with him about the SS issue.
In my case they called it the 'Windfall Elimination Provision" and by my understanding it is used in cases where someone receives a pension from somewhere or someone where that pension was earned by receiving wages that did not have social security tax with held at time of earning. In my case that pension was earned before 1986.I thought about nor receiving it now but was told that it would become effective whenever I applied for my Canada pension even if I waited until I was 90.Guess you cant fight city hall <s>Tom said:Glad you found it entertaining ;D I'm not sure what will happen when I receive a (small) pension from my UK employment and, if I bring it up to date, a UK government pension.
Tom said:I assume that in both our cases the pension is derived from income earned in another country (Canada or UK) when taxes were paid in that country, including their equivalent of social security taxes.
that "adjusts" your SS