Posted on 09/29/2014 6:02:08 PM PDT by usconservative
Not enough to suit Dear Leader.
I think it’s closer to 1 out of every 4 myself. Not quite 3 but he’s working towards it.
I can’t answer that question with certainty but I think SS payments are based on lifetime earnings not the last paycheck you received. SS sends out a form each year telling you what your monthly check would be as of that time. You should check that.
I’ve been laid off twice in the last six months alone.
About the only way to know for sure would be to run the numbers. SS calculates benefits based on the 35 highest years of earnings, after applying inflation adjustments. If he had already contemplated retiring in a year or two the impact may be minimal. The SS web site has a lot of information posted about benefit calculation.
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