Ask Larry

Can My Social Security Be Reduced If I Receive A Hungarian Pension?

Can be my social security reduced since i receive Hungarian pension. I'm 66 years old and collect social security since age 63.

Hi,

Yes, your Social Security retirement benefit rate may be reduced if you receive a Hungarian pension based on your work and earnings in that country. For more information on this provision (i.e. WEP), refer to Social Security's website: https://www.ssa.gov/pubs/EN-05-10045.pdf.

Best, Jerry

Posted: 
Mar 17 2017 - 6:45am
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