Kate Dias was still in Washington ... Sunday signing of H.R. 82, the Social Security Fairness Act. The legislation repeals the punitive Windfall Elimination Provision (WEP) and Government Pension ...
The WEP reduced the Social Security benefits of retired federal workers and other public servants who spent part of their ...
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 ...
President Joe Biden stated the measure will raise Social Security benefits by an average of $360 monthly for 2.8 million ...
amends Title II of the Social Security Act by repealing the Government Pension Offset (GPO), enacted in 1977, and the Windfall Elimination Provision (WEP), enacted in 1983. The WEP reduced ...
"For the nearly 3 million people who are currently receiving benefits and are affected by the Windfall Elimination Provision ... The Social Security Administration is still developing the process ...
Those provisions, the Windfall Elimination Provision and the Government Pension Offset, limited the amount retirees could receive from Social Security ... had been in place since the 1980s.
Fair, responsible replacements for the Windfall Elimination Provision are still ... in Social Security benefits for police officers, teachers and fire fighters that Ronald Reagan put in place ...
Learn more. While it was gratifying to see President Biden sign the Social Security Fairness Act, bringing an end to the Windfall Elimination Provision, an unfair provision still remains — the ...