This question is about collecting UI benefits and SS retirement benefits at the same time.I am 65 years old. I have been on UI for about a year, and was being questioned about my eligibiity for an extension. I guessed that they would not approve the extension, and applied for SS retirement benefits on June 14th, to begin in July.Subsequently, CA EDD approved my extension for another 5 months or so. I would like to look for work, but do not expect to get a job.What do I do? Can I collect both UI and SS at the same time? Will either benefit amount be reduced because of the other (e.g. less SS because of UI benefits). Should I cancel my SS application and wait until my UI runs out?Not sure what to do at this point to maximize my benefits and to comply will all regulations.
State/Country relating to question: California
Thank you for using Just Answer. If you require clarification, please feel free to post a follow up question.A person who has lost his job might be initially eligible for benefits, but then choose to retire. In such a case, a person can receive benefits for the maximum amount of time ,( a California retiree could receive benefits for a maximum of 99 weeks), so long as he continues looking for a job. If the search is fruitless, he may choose to retire, as which point he would have to stop receiving benefits.
This does not really answer my primary questions.
Hello.No, unemployment is not considered earnings under Social Security, so your unemployment benefits will not reduce your Social Security benefits.
just to clarify, Can i receive both CA EDD UI benefits and SS benefits at the same time?
Yes, you can receive both California EDD UI benefits and SS benefits at the same time.