Do the offsets apply if a government pension from non-SS-covered employment is taken as a lump sum?
Yes. For purposes of the GPO, SSA will determine how much the government pension would be if paid monthly and then reduce the monthly survivor/dependent benefit accordingly. For purposes of the WEP, the pension-paying agency will usually prorate the lump sum to determine a monthly amount. If it does not, SSA has a method for determining the amount.
Related Questions
- Do the offsets apply if one retires from non-SS-covered employment, draws the government pension, and then works in SS-covered employment?
- Do the offsets apply if a government pension from non-SS-covered employment is taken as a lump sum?
- To what extent a government servant is entitled to commute pension for lump sum payment?
