Any earnings from your Last Pre-Retirement Nonrailroad Employer (LPE) in or after the month your annuity begins will reduce your tier IIcomponent, your spouse's tier II component, and any supplemental annuity. The reduction is $1 for each $2 earned (subject to a maximum reduction of 50 percent of the tier II and the supplemental annuity).
The reduction to the tier II and the supplemental annuity occurs at any age, even after you attain Full Retirement Age (FRA). There is no Annual Earnings Exempt Amount or Monthly Earnings Exempt Amount for the first year of entitlement, for LPE work deductions. Work deductions for LPE apply no matter how much money you earn in LPE.
Earnings from self-employment or other nonrailroad employment are not added to your LPE earnings when computing tier II or supplemental annuity work deductions.