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.
Retirees will see a 3.6 percent increase in their Social Security checks in 2012, with the typical retiree getting about $43 more each month. For most people, only a small portion of that boost will be deducted from Social Security checks to pay for higher Medicare Part B premiums. Some people will even get more than 3.6 percent added to their Social Security checks next year because their Part B premiums will decrease. Here's how Medicare Part B premiums will affect your Social Security checks in 2012.