Can You Get Military Retirement and Social Security?
Social Security and military pensions can be received concurrently because the two plans are no longer mutually exclusive. In fact, if you happen to be eligible for a Veterans' Administration (VA) disability pension, you can also draw that along with the other two pensions.
-
MIlitary Pensions
-
If you retire from the military, either because you've served at least 20 years or because you were disabled while on active duty, the government will pay you a pension based on that service on the first day of the month for as long as you live.
Social Security Pensions
-
When you apply for Social Security benefits at age 65, or whatever age you decide to retire (which can be as early as 62), you'll receive that pension as well as a military pension, if you qualify for both.
-
Social Security Disability Retirement
-
You can apply for and receive Social Security disability benefits at any age if you can show the Social Security Administration that you're actually disabled. You can also draw a disability pension along with a military retirement, provided you qualify for both.
VA Disability Pensions
-
If you've been disabled as a result of military service, you should also apply to the Veterans' Administration for lifetime disability benefits. You can also draw this pension along with your military social security pensions.
Concurrent Receipt
-
It used to be the case that retired military personnel receiving military pensions weren't eligible to receive Social Security pensions at the same time, but this is no longer true.
-