This is your government at work. When I retired from the FAA at the age of 52, I was told “you can earn any amount of money. It doesn’t affect your retirement pay”. A portion of my pay is a SSI supplemental, designed to protect my pay between mandatory retirement (age 55) and the earliest I can draw SSN benefits (62).
That changed in 2015. Now I can only earn $15750 dollars Anything over that, and they deduct $1 from my supplemental for every $2 I earn. End result is I’m going to lose about $700 from my government retirement check, or make it equal to as if I was drawing Social Security, which I’m not even eligible for yet.
So let me get this straight. You are required in certain jobs such as ATC or law enforcment to retire at age 55. You are paid a supplement to make up for the fact that you can’t draw SS. You aren’t eligible yet to draw SS.
I was told at my retirement briefing that I could work and make any amount of money until I started drawing SS benefits at age 62. ANY amount of money.
Not anymore, apparently.
So now, I’m retired by forced retirement from the government. I can’t go back to work as an air traffic controller due to my age. I’m not old enough to be eligible for SS benefits.
So now the government is going to penalize me because I have a job.
If you think SS is going to be there for you when YOU retire, you are seriously deluded. I haven’t retired from working yet, just from a job in which I had 20 vested years, and I’m being penalized by the SS laws even though I work a 40 hour week, just like you.
My advice to you is if you work for the Federal government, shop around, find a private sector job and QUIT. If you are looking for a job, AVOID the Federal sector. If you think the Government screws with you now, you haven’t experienced what can happen to you as Federal employee.
I spent 20 years as a Federal employee, and the payback is that my gross income is steadily decreasing, even though I work a well-paying private sector job. Your government is only interested in the money they can transfer from your pocket to support the Federal waste. If you spend time as a Federal employee, you give them more options to suck on your wallet.