Outside Earnings

Outside Earnings

In the United States, any money received by a beneficiary of Social Security who is under the age of 70. Generally speaking, outside earnings are earnings from continuing to work. Outside earnings over a certain level result in a reduction and eventual elimination of monthly Social Security benefits. Beneficiaries under the age of 65 have a low outside earnings limit, while those between 65 and 70 have a higher limit before they begin to lose benefits. Outside earnings have historically been politically unpopular, especially among seniors, but remain in place.
References in periodicals archive ?
Mr Loughton is paid nearly PS75,000 year as an MP and PS22,000 outside earnings.
theliverpool echo Defending her outside earnings at an employment tribunal earlier this year, Ms Molloy said: "I didn't break any laws.
Roger Godsiff (Lab Hall Green) has |no outside earnings but reported that he received tickets worth PS1,404 for him and his wife to visit the Chelsea Flower Show, including hospitality.
Roger Godsiff (Lab Hall Green) has no outside earnings, but reported that he received tickets worth PS1,404 for him and his wife to visit the Chelsea Flower Show, including hospitality.
Last week it was revealed Tory MP Stephen Phillips had earned more than PS2million in outside earnings in the last five years.
Labour candidates have already been told they will not be allowed to hold directorships or be consultants if elected in May, and the leader has mooted a 10% cap on outside earnings.
Ed Miliband wrote to the Prime Minister urging him to follow Labour's lead by banning his MPs from taking directorships and consultancies, and floating proposals for a cap on outside earnings.
THEY take home a minimum of PS67,060 as MPs with expenses on top - yet several Welsh Parliamentarians are more than doubling their salaries with outside earnings.
And why most of us will be open-mouthed at our report today on MPs' outside earnings.
Geoffrey Cox topped the league table of MPs for outside earnings by making PS397,039 between March 2013 and February 2014.
More than a quarter of Conservative MPs do not think PS67,000 is enough, so have outside earnings.
Officials from the Department from Work and Pensions and Revenue and Customs will check benefit payments, bank accounts, tax credits and any outside earnings of suspects.