St Clair County Courthouse Pell City, AL, Pell City, Alabama. 232 likes Â· 2,368 were here. Public & Government Service
This Little-Known Pension Rule May Slash Your Social Security Benefit. Mark Miller / Reuters. Updated: Apr 22, 2015 6:57 PM ET | Originally published: Apr 16, 2015. Some U.S. workers who have paid into the Social Security system are in for a rude awakening when the checks start coming: Their benefits could be chopped up to $413 per month.
Old age security (OAS) benefits, which consist of the basic OAS pension, the Guaranteed Income Supplement (GIS) and the Allowances, will remain the same for the first quarter of 2015 (January to March). As of Jan. 1, 2015, the basic OAS pension will stay at $563.74 per month.