The size of the pension in the US

Absolutely everyone sooner or later thinks about their future. It is believed that pensions in the US are the highest in comparison with other countries. Is it so? In this article, you can find more information about pensions in the United States of America.

Social program. General information about the draft law

Last year, the social program of the United States of America turned 80 years old. The bill was adopted in 1935. It is worth noting that he has never changed. Today, this bill covers about 96% of the total population. Every American can be sure that he will definitely receive a pension, despite the economic situation in the country and the change of government. Surprisingly, only at the beginning of last year more than 50 million citizens received social security . These include pensioners, disabled people and many other residents.

Many are interested in the question of how much the pension in the US is. This is not accidental, because they pay it to residents regularly and without delay. It is for this reason that citizens of other countries often move to the United States for permanent residence.

The process of forming a pension in the United States of America

Private and public pension systems operate in the United States of America. In this regard, every citizen can receive two or three pensions.

The private system functions at the expense of savings, and the state system is formed thanks to contributions from enterprises and residents. It is worth noting that only those citizens who have 30 years of experience can receive social payment in the United States of America. The average pension in the United States is about 40% of wages.

Retirement age in the USA

In the United States of America, the retirement age for different citizens may vary significantly. It depends on the year of birth of one or another resident. If a citizen was born in 1937 or earlier, then he can receive social security only after 65 years. Residents, whose birth year begins in 1955, can receive a pension only from the age of 66.

In the United States, the average retirement age for women is 65 years, and for men - 67. It is worth noting that if you decided to migrate to the United States of America in order to work there and continue to receive social benefits, then you must know and remember the following Information. If you want to retire before the due date, then its size will be significantly reduced. For example, if you begin to receive benefits three years earlier, then its size will be reduced by 20%. If a citizen has never worked, then instead of a pension, he receives a state allowance established by the state. Usually it is 280 dollars. Almost everyone is attracted by a pension in the United States. The age of citizens who can receive benefits depends also on the place of work and work experience.

Minimum pension in the United States of America

It is believed that in the United States of America - the best conditions for retirees. All citizens receive social security, including those who have never worked. The minimum pension in the US is 280-300 dollars. In translation for Russian rubles is approximately 18 thousand.

In the event that a citizen has a small experience, his pension will be 600 dollars. It is for this reason that the United States of America often chooses migrants.

Military pension

Military pension in the US is the highest. The first bill on the social security of former servicemen was adopted in 1861. Over time, this decree was modified and supplemented.

Today, military personnel can be issued a US old-age pension only in a few cases - in connection with sickness, seniority, and when they reach the appropriate age. It is worth noting that the social security in the United States of America also relies on the families of the military who died. However, only those citizens who have worked for more than 20 years can count on a pension. To calculate the size of a pension in the United States, it is necessary to take into account the largest salary of a soldier for three years of continuous work.

If a citizen, having 20 years of experience, did not formalize social security, the government annually adds 2.5% to the employee for a pension. Social security for military personnel can also be formalized for health reasons. If an employee has an experience of not more than eight years, but can not continue to work in connection with a disease or injury, the US citizen's pension will be accrued only if problems with the state of health arose from work. It is necessary to remember that the size of the pension can not exceed 75% of the basic salary of the employee. In addition to social security, servicemen who quit for health reasons are also entitled to benefits. Citizens can either receive the amount on their hands, or subtract it when paying taxes.

The standard of living of pensioners in the US

According to recent data, the average life expectancy in the United States is 78 years. Since 20 years, people are thinking about their future. As a rule, many citizens prefer to save money in the accounts of private pension funds or purchase shares and real estate.

A pension in the United States allows residents who receive it to travel. Often, citizens who receive social security are given a serious step. They move to the city or country of their dreams. In some settlements there are even whole complexes for pensioners who have decided to change their lives. In their territory there is a swimming pool, a golf course, billiards and much more.

Many confuse complexes with homes for the elderly. They are quite different. In complexes for people over 55, for each there is a separate cottage. On its territory all conditions for a happy and carefree life are created. High pensions in the United States are due to the fact that many receive insurance benefits. It is for this reason that the size of social security for many exceeds the established minimum.

Another positive quality of payments from the state of the United States of America is that the bill has remained unchanged for many years. Every pensioner can be sure that he will definitely receive deserved social security.

Education and work

Many migrants and residents of other countries are attracted to pensions in the United States. The size of social payments is quite high. Despite this, many pensioners find themselves a new job or are decided to receive additional education. What is the reason for this?

Many US citizens decide to undergo training and receive another diploma after retirement. This is not an accident, because often with age, a person realizes that he chose the wrong profession. Most often, people of retirement age prefer cinema, painting and music.

Often after retirement, citizens decide to get a job. It is known that in the United States of America about 30% of workers are over 50 years old.

Pensions and benefits

Many migrants are attracted to pensions in the United States. The amount of social payments in this state is much higher than in other countries. It is believed that the highest pensions in the United States have former military, civil servants and airline employees.

The salary of workers in the technical sphere is on average $ 8,000, and the pension is from 2-3,000. It should be noted that in the United States of America there are no additional benefits for citizens of advanced age. This is not accidental, because such a feature is compensated by low prices for clothing and food, as well as promotional offers and sales.

Reduction of military pensions

Two years ago, Barack Obama signed a bill that provides for a reduction in pensions for military personnel. This decree also applies to disabled people. Now the former employees who have issued payments, not reaching 62 years, will receive 1% less. This change seems insignificant. Nevertheless, having a decade of experience, for 40 years you can lose 50 thousand dollars. This is about 3 million rubles.

This bill came into force in May last year. It will allow the state to save a considerable amount. Many believe that such a decree affects the most worthy social group. They are sure that it would be more optimal to make an economically viable healthcare system. In addition, such changes have caused a wave of outrage on the part of pensioners. It should be noted that the social security of veterans takes about half of the defense budget of the United States of America.

Taxes on foreign pension

Many will know what kind of pension in the US, and decide to migrate there. In this regard, almost everyone cares about the existence of taxation on social security from their home state. With all the necessary information you can find in our article.

In the United States of America, social security from another state is taxed, like any other income. It is worth noting that the draft law on taxation provides for a list of countries to which the United States is inferior to the right to recover. These include the Russian Federation. According to the bill, migrants from Russia will have to pay tax on the territory of their native state. The purpose of such a decree is to avoid double taxation.

Several ways to get social security in the US

Many believe that in the United States of America most comfortable lives for those who have a low or high level of income. It's no secret that most migrants, wishing to receive a pension, go to extreme measures. The most popular way to get social security in the US ahead of time is through artificial aging. To do this, the migrant will need to agree at the passport office on the addition of age. The date must also be changed on the birth certificate. As a rule, in the United States of America, documents are not checked, but only copied. This method will allow you to get a pension 5-8 years earlier.

Another way of premature retirement in the US is disability. Surprisingly, even in the United States of America, citizens who are depressed can get such a certificate. For this, it is necessary to register a disability with a local psychotherapist. It is desirable to have similar documents from the same place of residence.

Another advantageous criterion is a nurse. She relies for free to a disabled person or pensioner. Her salary is about a thousand dollars. A nurse of a pensioner can formally become a nurse. Thanks to this, the family can have an additional 600-1000 dollars a month.

We strongly recommend that you do not resort to such methods, because they are illegal. Otherwise, you risk getting a term of imprisonment.

Welfer

All citizens who migrated to the United States of America receive a so-called green card. If they have reached the retirement age, then they put a welfare. This is a complex of full social security. It includes food coupons, free medicine and travel in public transport, as well as a discount on renting an apartment. It is for this reason that many pensioners migrate to the United States of America. To obtain such social security, you must write a written application to the appropriate authorities. After that, the citizen will check the amount of his income and describe all the property. If the living standard of the applicant is low, then, in addition to the pension, he will have a whole social security package. This is an indubitable plus for many citizens of retirement age. Thanks to this, you can save a lot on food and medicine every month.

Summing up

Many citizens migrate to the United States of America. This is not an accident, because in this state a fairly high level of pensions. In addition, many residents are entitled to additional payments plus a social security package. Thanks to the latter you can not only live carefree, but even regularly travel. Surprisingly, in the United States of America, citizens after retirement begin to live anew. They do what they wished for their whole life. This is due to decent social security. It is worth noting that a high pension is only for those who have at least 20 years of working experience.