The Social Security Fairness Act of 2024 removes the Windfall Elimination Provision and Government Pension Offset rules, benefiting nearly 3 million retired public service employees with increased and ...

The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an ...

Higher retirement plan contribution levels, lower ‘safe’ withdrawal rates, changes to Social Security benefits, and more.

Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without ...

Commentary: Social Security is not a handout; it’s an earned benefit paid into by workers and their employers. But for ...

If you are a current or former public sector employee or a survivor, spouse or ex-spouse of someone like that, you may ...

President Joe Biden signed into law H.R. 82 The Social Security Fairness Act, legislation that repeals the Windfall ...

The legislation repeals the punitive Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which has prevented teachers, police officers, firefighters and other public service ...

Illinois is among the states with the largest proportion of workers affected by the Social Security Fairness Act.

Retired Canton City firefighter Carl Jordan has worked for nearly 10 years to repeal two federal provisions that reduce Social Security benefits for public workers. Jordan was invited to President ...

The new year may mean a little more money for some retired Texas teachers and others after President Joe Biden on Sunday signed a bill repealing Social Security provisions that had curbed full ...

The legislation rescinds the Windfall Elimination Provision and the Government Pension Offset, which were enacted over 40 years ago. The Windfall Elimination Provision trimmed benefits for public ...