All Case Western Reserve University employees are covered by the Federal Social Security Program.
Case Western Reserve matches your contribution of 6.2 percent of your earnings from each paycheck until your earnings reach the annual social security maximum. For the year 2020, maximum social security earnings are $137,700. Additionally, you and Case Western Reserve both contribute 1.45 percent of the your total earnings, with no maximum earnings, to Medicare.
You can retire at any time between age 62 and full retirement age as shown on the Social Security Age Reduction Chart. You can receive:
- Life income for total permanent disability
- Lump sum payment on death
- Monthly income for qualified survivors
- Medical benefits at age 65 or upon retirement, whichever is later
You can visit the Social Security Administration web site to request a Personal Earnings and Benefit Estimate Statement (PEBES). PEBES is a statement of your lifetime earnings and an estimate of your benefits. You also can find additional information about Social Security and how it affects your retirement.
Important Information about Medicare
The Ohio Senior Health Insurance Information Program (OSHIIP), a part of the Ohio Department of Insurance, is the state's official source for free and unbiased Medicare information and counseling. Please visit the ODI website to obtain a Medicare 101 booklet for more details. The phone number for the OSHIIP Consumer Hotline is 800.686.1526.