Results for Government-Provided Retirement Benefits

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Government-Provided Retirement Benefits

In addition to the retirement benefits you get from Rockwell Automation, you also will want to consider when you need to apply for Social Security and Medicare—the retirement benefits the government offers.

Social Security

You and your employers (including Rockwell Automation) have been contributing to your Social Security benefit throughout your working years. The options for Social Security retirement benefits are very complex. Consider consulting with a trusted financial advisor to help you make a decision that best fits your needs.

You must apply to receive Social Security benefits

Social Security benefits are not paid automatically. You must apply to receive a benefit, which you can do online, by phone or in person.

  • Online: Go to the Social Security Administration website and click on “Apply online for retirement, disability or Medicare benefits” on the left side of your screen.
  • Phone: Call the Social Security Administration.
  • In person: Make an appointment with your local Social Security office.

When Your Social Security Benefit Can Begin

Full benefits are payable at your normal (or full) Social Security retirement age—either age 65, 66 or 67, depending on the year you were born. (Visit the Social Security Administration website and enter “normal retirement age” in the search box to find a chart showing the normal retirement age for different years of birth.)

Get an estimate of your Social Security benefit

You can get an estimate of your Social Security benefit at any time by going to the Social Security Administration website and selecting “Retirement Estimator”. You can also call the Social Security Administration and request an estimate be sent to you.

Starting your Social Security benefit

You can request to start your benefit before or after your normal Social Security retirement age.

  • The earliest you can start your benefit is age 62. Your benefit amount will be reduced if you start it early.
  • Your benefit amount will be higher if you start it at or after your normal Social Security retirement age. So if you don’t need your Social Security benefit right away, you may want to postpone starting it until a later date so that your benefit will be larger.

The date you start your Social Security benefit doesn’t have to coincide with your retirement from Rockwell Automation or when you receive your Pension Plan benefit.