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What Special Social Security Benefits Do Veterans Receive?

GOBankingRates
GOBankingRates
 2022-04-09
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It’s a little-known fact, but earnings for active duty military service or active duty training are covered under Social Security and have been since 1957. One of the special benefits military members receive is that it is possible to receive both Social Security benefits and military retirement benefits .

See: The mySocialSecurity Online Portal Helps You Manage Your Benefits
Find: 30 Greatest Threats to Your Retirement

According to the Social Security Administration, there is generally no reduction of Social Security benefits because one receives military retirement benefits, as well. This means you can receive two benefit checks at the same time each month. You will receive your Social Security benefit based on your earnings and the age you begin to start receiving benefits just like everyone else.

The SSA states that under certain circumstances, special earnings can be credited to your military pay record for Social Security purposes. Those extra earnings are for periods of active duty or active duty for training. These extra earnings may help you qualify for Social Security or actually increase the amount of your Social Security benefit.

If you were active duty military from 1957 through 1977, you are credited with $300 in additional earnings for each calendar quarter in which you received active duty basic pay. If you were active duty military from 1978 through 2001, for every $300 in active duty basic pay, you’re credited with an additional $100 in earnings up to a maximum of an extra $1,200 per year. If you enlisted after September 7,1980 and did not complete at least 24 months of active duty or your full tour, you may not be able to receive any additional earnings. You can check here for details .

In addition to retirement benefits, the SSA will also pay survivors benefits to veteran families when they pass away. Veterans can also get benefits for themselves and their families if they develop a disability. If you developed a disability while on active military service after October 1, 2001, you can visit Wounded Warriors to find out how to expedite the processing of your disability claim.

All service members will be required to show DD Form 214 as proof of military service when applying for Social Security benefits.

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Comments / 232

Barnacle Bill
01-05

This article offends me! I paid into social security for over 40 years, 23 of those years I was in the military. I earned my military retirement and I paid my dues to social security. The author of this article make it sound like they are giving me something for free! A Benfits. I earned everything I get you crackpot!

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Anywhooo
01-04

This article is full of some misinformation...SSA are under no obligation to pay you extra for your military service pay...thats not how it's set up...unfortunately.

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Linda Collins
01-20

When my husband entered the service in 1968 he was making $100.00 a month. When we married in 1971 it was bumped to $300.00 a separate check came to me for housing. But at that time I could go to the commissary and get lots of food for $20.00. We had a $50.00 a month car payment we were living down town in a horrible trailer till we could get base housing. It was really ruff, the month the rent the car payment and the insurance hit all together. We lived for a week on popcorn and a big jar of pickles and water. But we never asked for any money from family or anyone. Finally on the last day before pay day. The guys in my husbands outfit came and said said we’re going to Bonanza to eat. We said we would have to pass but thank you. They said no we are buying your meal, to this day that was the best steak 🥩I ever had. 2 months later we got into base housing, and it made all the difference. So don’t think military life was easy back then. Lots of marriage didn’t

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