Nearly 3 million Americans will receive full Social Security benefits under legislation now on the desk of President Biden, who is expected to sign it early next week. Passed in the waning hours ...

* Computed on last 15 days' trading figures.

On January 5, President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions of Social Security ...

The Government Pension Offset, or GPO, was another provision that can significantly reduce Social Security benefits. GPO also ...

The new legislation addresses reductions caused by two long-standing provisions – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The Social Security Fairness ...

The two repealed laws are the Windfall Elimination Provision (WEP), enacted in 1984, and the Government Pension Offset (GPO), which became law in 1977. The original laws were passed at a time when ...

"This was for millions of people." More than 2.65 million Americans as of November 2024 have been affected by the WEP and GPO - including teachers, firefighters and police officers, among other ...

Since the 1980s, some public sector workers have seen their earned Social Security benefit amounts cut sharply due to a little-understood rule called the Windfall Elimination Provision (WEP).

The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) are two critical rules that can significantly impact your Social Security benefits. Established in 1983, the WEP aims ...