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The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...
Two new reports spend a good deal of time examining the solvency of the Social Security program. While Social Security's ...
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.
But when you start collecting your pension from your non-covered government job, the Windfall Elimination Provision will kick in and reduce your Social Security benefit. The amount of WEP reduction ...