Can Disabled People Get an Early Retirement Pension?

 


Visitors: 770

Can disabled people get an early retirement pension? To be healthy and then suffer a disability that keeps you from doing everything you used to can break your heart and break your spirit. But most people to whom this unfortunate thing happens cannot afford to wallow in self-pity - there will be hospital bills to worry about, and then, the question: can disabled people get an early retirement pension?

To answer the question, “Can disabled people get an early retirement pension?" you have to take into account certain factors. The first is how long the person has worked in the organization. This can differ according to the state the person worked in and according to the company. The maximum limit that can be set on this is five hundred hours in the twenty four months prior to the date of disability or one thousand five hundred hours in the sixty months prior to the date of the disability.

There are some other factors that need to be considered while answering the question, “Can disabled people get an early retirement pension?" One is the extent of the disability. A person can only get an early retirement pension if he or she is completely and permanently disabled, with a mental or a physical impairment that keeps him or her from doing any kind of work in any employment. This has to be certified by the Social Security Organization. It must also certify that the person is not expected to recover and become employable.

So can disabled people get an early retirement pension if they can no longer function in the position they used to fill, but they are no eligible for social security disability benefits, because there still are some kinds of work that they can perform? Well, this is a question to which the answer, again, differs from state to state and from organization to organization. Some organizations, if the person fulfills the necessary stipulations, declares the person eligible for early retirement pension. Some others do not.

Once the person is declared eligible for the early retirement pension, he or she will be eligible to be paid the same amount that he or she would have been paid if he or she had retired at the normal retirement age - other early retirement stipulations do not apply.

However, if at any point the person stops being eligible for social security disability benefits, the person will stop receiving the pension.

Clifford Young is an accomplished niche website developer and author.
To learn more about retirement , please visit You Retired for current articles and discussions.

(447)

Article Source:


 
Rate this Article:  0.0/5(0 Ratings)

Related Articles:

Why Do People Choose Early Retirement?

by: Cindy Heller (July 16, 2008) 
(Home and Family/Retirement)

How Can an Early Retirement Forum Help People?

by: Cindy Heller (July 16, 2008) 
(Home and Family/Retirement)

How to Retire Early Can the Average Employee Build Enough Wealth For Early ..

by: Roderick MacKenzie (June 22, 2008) 
(Finance/Wealth Building)

It Pays to Get Your Pension Sorted Early

by: Isla Campbell (December 08, 2008) 
(Investing/Retirement Planning)

Retirement Planning Pension

by: Linda Goldsborough (August 04, 2008) 
(Investing/Retirement Planning)

Pension Top Up Or Retirement In 5 Years

by: Paul Callis (May 13, 2008) 
(Finance/Personal Finance)

How a Pension Annuity Provides a Retirement Income

by: Steve A Wright (December 14, 2008) 
(Insurance/Life Annuities)

Retirement Loans For Those Who Count Only on Pension

by: Hilary Bowman (January 16, 2009) 
(Finance/Loans)

Pay Your Dues to the IRS - 401k, Retirement Accounts, and Your Pension, Part 2

by: Richard Close (January 24, 2008) 
(Finance/Taxes)

Why Different Pension Annuities Suit Different People

by: Steve A Wright (January 14, 2009) 
(Investing/Retirement Planning)