The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), enacted in the late 1970s and early 1980s, were designed to reduce government spending on Social Security.

Social Security Board of Trustees Annual Report warns of an accelerated timetable for trust fund depletion and potential benefit reductions that could significantly impact ...

If Congress fails to act in the very near future, the date on which Social Security will no longer be able to pay full benefits is only eight years away in 2033, according to the just-released Social ...

The Old-Age and Survivor’s Insurance (OASI) fund is projected to become insolvent in 2033, says the Social Security trustee report, released on June 18. At that time, it will pay out around 77% of the ...

And that’s what the windfall elimination provision does. When that WEP formula is applied to my Social Security computation, it gives me the roughly 40% return rate rather than the 90% rate ...

The Social Security Fairness Act, signed in January, eliminated the Windfall Elimination Provision and Government Pension Offset, which had reduced benefits for some public pension recipients.

The Social Security Fairness Act removed restrictions on benefits for people with government pensions. If you're one of them, ...

The Social Security Administration (SSA) has issued an update for those who have not yet received expanded benefits following the passage of the Social Security Fairness Act earlier this year.

The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.

The Windfall Elimination Provision (WEP) penalized certain retirees. “Right now, WEP can reduce your Social Security benefit if you also get a pension from non-covered work,” Ray explained.