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The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.
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The Social Security Fairness Act eliminated two provisions: the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
But recently, Social Security’s rules changed with regard to the WEP and GPO. And now, a few million people should find themselves on the receiving end of extra money.
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Social Security and Medicare’s primary trust funds are projected to become insolvent by 2033 unless Congress acts promptly.
She called “irresponsible” the December passage of the Windfall Elimination Provision and Government Pension Offset, which goosed checks for retired government workers, while damaging Social ...
The Social Security Fairness Act eliminated two provisions: the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
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