By Vonda Vantil, Social Security Public Affairs Specialist Most people know at least something about Social Security. For decades, Social Security has been providing valuable information and tools to help you build financial security. Here’s your opportunity to find out a little more, with some lesser-known facts about Social Security. Social Security pays benefits to children. Social Security pays benefits to unmarried children whose parents … Continue reading Five Facts You Might Not Know About Social Security
Via Times Free Press By Dave Flessner A federal appellate court has affirmed the legality of cost-of-living cuts and other changes made in 2009 by the Tennessee Valley Authority and its retirement system board to one of the South’s biggest pension plans. The Sixth Circuit Court of Appeals last week rejected a legal challenge to the pension reductions by beneficiaries of the TVA retirement plan. … Continue reading Court rejects challenge to TVA pension changes
By Vonda Vantil, Social Security Public Affairs Specialist Question: I have been getting Social Security disability benefits for many years. I’m about to hit my full retirement age. What will happen to my disability benefits? Answer: When you reach “full retirement age” we will switch you from disability to retirement benefits. But you won’t even notice the change because your benefit amount will stay the … Continue reading Social Security Q&A Part 7
Via The Indiana Lawyer By Dave Stafford A federal judge in Indianapolis has been ordered to take a closer look at whether a successor company can be held liable for money allegedly taken from a union pension benefit fund. The 7th Circuit Court of Appeals remanded for a second time a ruling in favor of Indianapolis-based ManWeb Services, Inc., the defendant in a suit brought by … Continue reading 7th Circuit orders closer scrutiny in union pension fund suit
By Vonda Vantil, Social Security Public Affairs Specialist After a lifetime of working, you deserve a comfortable retirement. For over 80 years, Social Security has been helping people shape their future, assisting them with a variety of benefits. It’s up to you as to when you start retirement benefits. You could start them early or wait until your “full retirement age,” or delay retirement to … Continue reading When is a Good Time to Start Receiving Social Security Benefits?
Via Lansing State Journal By Beth LeBlanc March 7, 2018 Seven Lansing-area public employee retirement plans have come under scrutiny from the state for their unfunded liabilities. The Michigan Department of Treasury contacted pension plan administrators last week to inform them that reports they submitted to the state in January had triggered a preliminary review of the policies’ “underfunded status.” Read the full article. Continue reading State hones in on ‘underfunded’ pension and health care plans, including 7 in mid-Michigan
By Vonda Vantil, Social Security Public Affairs Specialist Seeing taxes taken out of your paycheck can be confusing when you get your first paycheck. Understanding how important your contribution is can help. Your taxes are helping millions of Americans — wounded warriors, the chronically ill, and people with disabilities — as well as protecting you and your family for life. You can take pride in … Continue reading Your Contributions Help Millions