Pension reduction after Social Security
dhu

Toledo, OH

#63 Jan 2, 2012
bobber wrote:
<quoted text>That's if you are under 62
Actually you have to be age 65 before your pension is fully funded by the PG&C. the younger you are the more you lose until you turn age 65.
bobber

Waterford, WI

#64 Jan 2, 2012
dhu wrote:
<quoted text> This is false information, the retirees never recieved a call from the UAW about the Pension or Veba. This man is spewing false information, you better change your name.
ask any retiree that was home that listened to the phone call, the UAW also called retirees at GM and FORD, they called it a town hall meeting
bobber

Waterford, WI

#65 Jan 2, 2012
dhu wrote:
<quoted text> This is false information, the retirees never recieved a call from the UAW about the Pension or Veba. This man is spewing false information, you better change your name.
look it up on UAW Org.
bobber

Waterford, WI

#66 Jan 2, 2012
bobber wrote:
<quoted text>look it up on UAW Org.
under retirees and look for Audio from UAW TELE TOWN HALL
dhu

Toledo, OH

#67 Jan 3, 2012
bobber wrote:
<quoted text>under retirees and look for Audio from UAW TELE TOWN HALL
I am a retiree, and never recieved a phone call from the UAW, and i follow this stuff pretty closely.
bobber

Waterford, WI

#68 Jan 3, 2012
dhu wrote:
<quoted text> I am a retiree, and never recieved a phone call from the UAW, and i follow this stuff pretty closely.
well I don't know if they called all retirees but people I know also had calls
Linda Nail

Murfreesboro, TN

#69 Jun 21, 2012
I am in the QDR0 due to a divorce, I get half of a pension of 1600 a month. Now that I turned 62 last year I am drawing spousal Social Security of only 800 a month. Was I to report this to the Benifits office or GM/UAW? Some retirees work after retirment and there is a cap limit on your earnings before it affects your pension. If I am not mistaken. I just collect S.S. and UAW pension. Should I be turning this in or docked a certain amount of money? Thanks to anyone that can help me with this.....

Since: Jul 12

Freeland, MI

#71 Jul 27, 2012
Bullheaded wrote:
I haven't called Benefit Express, but will be soon. My question to the forum is this. I will be 62 in four months and will be applying for Social Security. I retired in 1998 after 30 yrs and as a UAW member have collected my pension since that time. Thank you UAW. How much does my pension check get reduced once the Social Security kicks in? Thanks
If you're a UAW member and was born before Cctober 1949, you'll continue to get your full pension for ten months along with your social security pay. For the rest of us, our pension will be cut in about half once we start drawing social security pay. I just told you the truth, and don't be confused by some of the other false comments I read here.
The Truth

Macomb, MI

#73 Jul 28, 2012
RETIRED wrote:
<quoted text>$6 million underfunded pension fund and VEBA also going broke === no pension or veba for future retirees === work til you drop
We will just DE-FUND your Pension, you have had it long enough, say the rest for those still working? You Like that, remember, you don't get a vote, we do, just saying
The Truth

Macomb, MI

#75 Jul 28, 2012
RETIRED wrote:
<quoted text>your pension credits will be frozen === you won't qualify for 30 and out
They are gonna De-Fund your pension and your benefits, you have to back to work to earn your paycheck instead of sitting in front of a computer complaining that the world is coming to an end, the sky is burning blah blah blah, worry abour yourself old man, before i put you out of your misery
The Truth

Macomb, MI

#77 Jul 29, 2012
RETIRED wrote:
<quoted text>PBGC and my McD Stock and other investments will get me thru.
PBGC and My Ford Stock and my other investments and savings will get me thru, you point is? What, you the only one that saved for your retirement?
The Truth

Macomb, MI

#80 Jul 29, 2012
RETIRED wrote:
<quoted text>if you haven't saved and expect to retire before the age of 62, you're dreaming, those days are over. Pensions are doomed like the dinosauers and ''DOE-DOE BIRD'' that you are
True, Pensions for NEW HIRES are a dying breed, not for big boys like me, and for the record, i've been saving since day one buddy boy, don't you worry your pretty little fat face about me, you racist maggot
Dan

Harrison Township, MI

#81 Sep 26, 2012
matt wrote:
You will loose one half of your pension not at 62 but when you turn 63 the half you loose is the suppliment, which will be made up by social security when you turn 62 in other words for one year from age 62 to 63 you will draw your full pension and social security too, at the age of 63 they will take half of your suppliment away and your pay with half your suppliment and your social security will equal what you were drawing as a full pension.
I just started collecting social security and they took half of my pension already (the supplement)
stupid

Toledo, OH

#84 Nov 26, 2012
got ss disability from 2nd job 2 years ago told chrysler then, now this year they say i have to pay back 2 yrs of money . any suggestions pension will be suspended for 3 years they say. help with advice
Sonoma

Santa Rosa, CA

#88 Jan 31, 2013
WAIT: This make little sense to me reading the above statements and SSA's postings.

IF you worked in a job that PAID SS on your wages you are entitled to the full retirement package of your employer AND full SSA payment [for a given start age] at the same time with no reduction.

Let us say I get retiring from my employer,$10,000 / year and I retired at age 62.

SSA pays me [I'll make up a figure]$12,000 / year also.

That is going to be my lifetime amount going fwd as I've calculated my annuity from employer.

What in the world am I missing, especially reading the SSA's site.
PDX

Beaverton, OR

#91 Jan 31, 2013
SSDI is an offset against your pension. Don't know why they took 2 yrs to get around to withholding your pension, seems unreasonably long. If you have a competent benefit rep they may be able to 1: explain the offset language in more detail. 2: Inquire of the pension board why it took 2 years, making your pay back that much longer, and 3:They may be able to help you file a hardship where you may be able to have some of the offset waived.(Don't be impatient,this can take a long time and they're under no obligation to grant a waiver). You did the correct thing by notifying the pension board and an offset should be expected...2 yrs getting around to it seems excessive IMO.
RETIRED

AOL

#93 Feb 1, 2013
The pension fund is over $6 BILLION underfunded = no pension for future retirees = your retirement = $0.00 = hahahahahahahahahahaha
Millie Wright

Toledo, OH

#95 Feb 2, 2013
RETIRED wrote:
The pension fund is over $6 BILLION underfunded = no pension for future retirees = your retirement =$0.00 = hahahahahahahahahahaha
= work til you drop = "you want fries with that" ? hahaha hohoho
RETIRED

AOL

#96 Feb 2, 2013
Millie Wright wrote:
<quoted text>
= work til you drop = "you want fries with that" ? hahaha hohoho
now that's funny = hahahahahahahahahaha
RETIRED

AOL

#98 Feb 3, 2013
pension for future retirees = $0.00 = hahahahahahahahahahaha

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