Wednesday, February 07, 2007
From Jim Kimmel, February 7, 2007
Subject: Re: FW: Shirlee & Dennis and a view on Medicare Questions
My wife Judy applied for her 12 years of STRS when she was 60. It is not a large pension, but good to have. When she was 62 she went ahead and applied for her SS which included work in factories, babysitting, stores, etc from 1958 on. She also tutored in our house and reported that for many years. She did receive a SS benefit because she had over 40 quarters. HOWEVER, her approximately $125 per month was reduced by 2/3 because of her small STRS pension. They do this to anyone with a STRS type pension. But I am not sure that if you have 30 years of Social Security service or more you may not have the offset -- I am not sure of that. Anyway the policy sucks!! However, Judy's magnificent $46 per month DOES pay for cable!!
Jim Kimmel
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