The Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions only affected about 3% of households, but significantly reduced the amount of Social Security ...
When the time comes to retire, you are able to draw monthly benefits from this program. This provides ... This reduction is called the windfall elimination provision, or WEP.
The Social Security Fairness Act ends both the WEP and the government pension offset, increasing the Social Security checks ...
However, the Windfall Elimination Provision (WEP ... aims to balance the earnings of all participants in the federal program, ensuring fairness across the board. Social Security is a federal ...
President Joe Biden signed the Social Security Fairness Act on January 5, eliminating the Windfall Elimination Provision ... body to confront and solve the program's deep and ongoing red ink.