Question 673: I am a retired teacher and receive my retirement pension. I am 57 years old and am now employed by a private school. My husband is a railroad employee and will retire in a year or so.
I paid into Social Security during most of my 30 years of public school teaching and continue to pay through my job now. How will my Social Security benefits be affected when I retire fully?
Answer: As a career school teacher in both the public and the private sectors, your Social Security benefits should not be affected by your teacher's retirement benefits because your teaching positions were covered by Social Security.
In planning for your full retirement, keep in mind that your Social Security benefits will not begin until 62 on a reduced basis or to at least 66 if you want to receive unreduced benefits.
As a wife of a rail worker, you will also qualify for a spouse benefit from Railroad Retirement. If your husband has at least 30 years of rail service credits, the spouse benefit could begin as early as 60 on a unreduced basis. If your husband has less than 30 years in the rail industry, your spouse benefit can be paid at 62 with a reduction for age, or at 66 on a full rate.
Your Tier 1 benefit will be reduced by the amount of your Social Security benefit, but not by your teacher's retirement.