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The Windfall Elimination Provision (abbreviated WEP [1]) was a statutory provision in United States law [2] which affects benefits paid by the Social Security Administration under Title II of the Social Security Act.
Retirement Insurance Benefits (abbreviated RIB [1]) or old-age insurance benefits [2] are a form of social insurance payments made by the U.S. Social Security Administration paid based upon the attainment of old age (62 or older). Benefit payments are made on the 3rd of the month, or the 2nd, 3rd, or 4th Wednesday of the month, based upon the ...
The Primary Insurance Amount (PIA [1]) is a component of Social Security provision in the United States. Eligibility for receiving Social Security benefits, for all persons born after 1929, requires accumulating a minimum of 40 Social Security credits.
Source: Social Security Administration. Social Security uses inflation data from July, August, and September of the previous year to determine the upcoming year's COLA. So, while the 2.5% COLA ...
If you are unable to sign up online or have difficulty doing so, you can call the toll-free number for the SSA at 800-772-1213 (800-325-0778 for TTY) or contact your local Social Security office.
Social Security Administration (SSA). "SSA's Program Operations Manual System (POMS)". Retrieved March 27, 2007. Note: this is the public version of POMS, the internal version is not available to the public. Social Security Administration (SSA). "Supplemental Security Income (SSI)". Publication No. 05-11000. August 2005.
The Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits by way of trust funds. When the program runs a surplus, the excess funds increase the value of the Trust Fund. As of 2021, the Trust Fund contained (or alternatively, was owed) $2.908 trillion.
Form SSA-101 was the central form used in Program Services Centers for indicating initial entitlement to benefits. Form SSA-2795 was the central form used in Program Services Centers for changing entitlements to benefits. Before the mid-1970s, the Program Service Centers were called Payment Centers. [31]