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Search: Posts Made By: Asg123
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Forum: USA
Feb 23rd 2017, 3:47 am
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

I once entered numbers on an online calculator and what came up was consistent with the SS payment being the higher of this and a payment using around 40% (around 55% WEP reduction) instead of your...
Forum: USA
Feb 22nd 2017, 2:20 am
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

This is what I understand of WEP. The UK state pension is not intended to favour the well-paid, so it's based on years and there are no issues. The US SS system is intended to favour the well-paid,...
Forum: USA
Feb 21st 2017, 7:42 pm
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

Yes, I once entered some numbers on an online calculator and it came to around 50%- actually about 55% for a full WEP reduction, meaning a SS payment of about 45% of what it would be without WEP.
Forum: USA
Jan 1st 2017, 12:03 am
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

WEP, if it applies, reduces your US SS. WEP applies to the part of your UK pension arising from work. It does not apply to the part of your pension arising from voluntary contributions while...
Forum: USA
Dec 31st 2016, 6:30 pm
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

Pension from voluntary contributions while unemployed does not reduce US SS through WEP.
Forum: USA
Nov 19th 2016, 6:58 am
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

Yes true, anyone retiring today needs 35 years for a full UK pension. But it was 30 years before, and I think the change was in April 2016, so as he's 67 he's already entitled to a full UK pension.
...
Forum: USA
Nov 2nd 2016, 3:13 am
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

Yes you can get a UK pension. The minimum number of years changed from 1/4 of a number to 1 to 10. I don't remember the dates these were in force; if your retirement fell when the minimum was 1 year...
Forum: USA
Nov 1st 2016, 11:52 pm
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

When I applied online I had the option of it starting the same month in which I applied, which I chose, but the payment for it arrived the next month.
Forum: USA
Oct 30th 2016, 8:40 pm
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

Not all that you receive may count towards WEP, eg I've read in several posts here that the part of the pension resulting from your contributions while in the US doesn't count towards WEP. So make...
Forum: USA
Apr 21st 2016, 6:54 am
Replies: 1,834
Views: 536,055
Posted By Asg123

Re: UK state pension and USA social security

or (with some people) with pensions from countries not as rich as Switzerland but with no reporting so no WEP. (which shows how unfair WEP is)
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