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Those of you familiar with DISABILITY. Can you help answer my question please?
If a person is on Social Security Disability and is only 60 years of age can he or she collect the Full Pension amount they would be entitled to earlier so they do not have to wait until they are 65 years of age? The Pension has nothing to do with the Disability and is of a previous employer from years ago.
4 Answers
- JudithLv 78 years agoFavorite Answer
If someone is on social security disability benefits they are already receiving an unreduced benefit and the amount won't change when they reach full retirement age. The benefit will only increase when there are cost-of-living increases. The only change which will take place when you reach full retirement age is a technical one - you will be switched from disability to retirement because there is no such thing as a disability benefit once someone reaches full retirement age.
If you are talking about a retirement pension from a former employer don't you think you should ask them? Contracts vary from one employer to the next so it would depend upon your former company's plan and no one on this website could possibly know what that plan is.
NOTE: Your pension from an employer will NOT impact your social security benefit UNLESS you worked for an employer exempt from social security coverage. If that is the case it will impact your social security benefit and must be reported to SSA. Otherwise it need not be reported.
Source(s): I was a social security claims rep for 32 years. - Anna ELv 78 years ago
That would depend strictly on the policy of the company the person worked for. They would need to contact this company to find out if they could collect the pension early. Also, it would not affect the amount of SSDI the person was receiving. My brother had a stroke at age 40 and receives SSDI. He also receives a disability pension from the employer AND a cash payout of his retirement benefits. Neither one of those affect his SSDI.
- TheRavenAZLv 78 years ago
I don't know if you can get it early but the money you receive from the pension may count toward your SSD and may disqualify you or reduce the amount you receive. You can only make, I believe, $700 or less while on SSD.
To be certain, call you're local Social Security Office.