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The legislation would repeal decades-old tax rules known as the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) that have reduced Social Security benefits for workers ...
The Social Security Amendments of 1983 (Public Law 98-21) provided for the WEP as a means of eliminating the "windfall" of social security benefits received by beneficiaries who also receive a pension based on work not covered by Social Security. [3] The windfall in question refers to the subsidization of the PIA for beneficiaries with lower ...
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security.
The WEP reduces Social Security benefits for individuals who get a pension from a job that didn’t require them to pay taxes into the program (despite having worked other jobs that did), while ...
The Social Security Fairness Act would eliminate two existing provisions that reduce Social Security benefits for some workers (and their spouses) who do not pay Social Security taxes as a ...
The measure, dubbed the Social Security Fairness Act, would do away with tax rules that proponents say have led to unfair reductions in benefits for those who have worked in public service for ...
The windfall elimination provision reduces Social Security benefits for individuals who receive pension or disability benefits from employment that did not require them to contribute payroll taxes ...
“For more than four decades, the Windfall Elimination Provision and the Government Pension Offset have slashed the Social Security benefits earned by millions of Americans who served their ...