Click here to skip navigation
This website uses features which update page content based on user actions. If you are using assistive technology to view web content, please ensure your settings allow for the page content to update after initial load (this is sometimes called "forms mode"). Additionally, if you are using assistive technology and would like to be notified of items via alert boxes, please follow this link to enable alert boxes for your session profile.
An official website of the United States Government.

Frequently Asked Questions Insurance

I am over 65 and already collecting my Social Security benefit. If I participate in premium conversion, what happens to my Social Security benefit?

If you are receiving the maximum Social Security benefit, premium conversion will have no impact. You cannot receive any more than the maximum benefit, and you will not lose any benefit. If you are not receiving the maximum Social Security benefit, your benefit will be recalculated as you continue to earn. Your benefit may increase as a result of those recalculations, but it will not be reduced.

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.