The repeal of the Windfall Elimination Provision (WEP) marks a significant shift in Social Security benefits for many retirees. With over $7.5 billion in retroactive payments already distributed ...

The removal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) from Social Security, effective January 2025, promises significant benefits for retirees, especially ...

The majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.

Key Takeaways. The Social Security Fairness Act was signed into law by President Joe Biden in January 2025 to repeal the Windfall Elimination Provision and Government Pension Offset.

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.

The Social Security Fairness Act, passed at the end of President Joe Biden’s term in 2024, removed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and made it ...

In January, just before he left office, President Biden signed into law the Social Security Fairness Act, which repealed the Windfall Elimination Provision and the Government Pension Offset ...

The Social Security Administration (SSA) has processed over 2.5 million retroactive payments for teachers, firefighters, police officers and others with public pensions who were previously locked ...