If Betty's pension is $3,000 a month and she is eligible for $3,000 of Social Security benefits, how much will she actually receive?

Betty’s pension and her Social Security benefits are likely being evaluated within the context of the Windfall Elimination Provision (WEP) or the Government Pension Offset (GPO), which can affect the amount received. Given that her pension is $3,000 a month and she is eligible for $3,000 of Social Security benefits, the presence of her pension may reduce her Social Security benefits due to GPO.

Under the GPO rule, if an individual receives a pension from a job where they did not pay Social Security taxes, their Social Security spousal or survivor benefits may be reduced by two-thirds of the amount of their pension. In this case, the calculation would be two-thirds of her $3,000 pension, resulting in a reduction of $2,000 from her Social Security benefits.

This means she would receive $3,000 (her full benefit amount) minus $2,000 (the reduction due to her non-covered pension), bringing her total Social Security benefits down to $1,000.

Thus, the correct amount that Betty would actually receive in Social Security benefits, considering the effects of her pension, is $1,000.