Does Social Security pay people who have lived overseas?

Workers who have earned less than 75,000 overseas are exempt for income tax.

Ive heard that you are entitled to a certain percentage of your income from your final pay stub.

Hypotheticaly, if I were working in Saudi Arabia as an engineer for 30 years then returned to New York working with another company on 80K for 5 years I would get a percentage of that 80K until I die??

Im not interested in investment advice. Thats taken care of. Just this whole S.S. thing.

Also...Dont go all telling me about how its going to be non-existent due to the baby boomers...thats bullshit

But other than that....My Question stands. Is S.S. taken throughout your lifetime or is it paid as a percentage from your final income?

Whats the deal here?

Social Security Retirement benefits are based on the highest 35 years of covered earnings - not as a percentage of your final income.

Generally, you have to have 10 years (40 quarters) of covered earnings to be entitled to U.S. Social Security benefits - but there are exceptions where a worker has worked in more than one country and the U.S. has a "totalization agreement" with the foreign government. Such agreements allow the worker to get prorated benefits from each country's social security system and protect employers from being taxed to pay benefits by more than one country.

If your employer outside the U.S. is a U.S. corporation - you may be subject to U.S. social security (FICA) taxes, even though you have a large exemption from U.S. income taxes - The existence or non-existence of a totalization agreement with the foreign government will have an impact on this. For more information, do a google search on "social security" and "totalization"

This page will tell you if you are eligible.
https://s044a90.ssa.gov/apps7/best/benef...

Here is info on foreign agreements. Saudi Arabia is not listed.
http://ssa.gov/retire2/international.htm

Social Security benefits are based on earnings averaged over most of a worker's lifetime.
Depending on when you were born you can start collecting ss somewhere between age of 62 to 67.
Everyone is not qualified to earn ss. You must earn 40 quarterly credits to qualify. You have to pay into ss to earn credits.