Click here to skip navigation
An official website of the United States Government.

Frequently Asked Questions Insurance

What's the impact of premium conversion on my Social Security benefits?

Premium conversion may slightly reduce the Social Security benefit you will receive upon retirement. The extent of the impact depends upon several factors:

  • the retirement system that you participate in;
  • whether your salary exceeds the Social Security wage base; and
  • the number of years left until your retirement.

Control Panel

Unexpected Error

There was an unexpected error when performing your action.

Your error has been logged and the appropriate people notified. You may close this message and try your command again, perhaps after refreshing the page. If you continue to experience issues, please notify the site administrator.

Working...