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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 windfall elimination provision (WEP) reduces Social Security benefits for certain employees who may be double-dipping on a pension. ... The WEP mandatory coverage provision means that federal ...
The bill is "a great gift for our retired firefighters, police officers, postal workers, teachers, and others who for years contributed to Social Security, but are now being penalized because of ...
Opponents of this bill, such as the Committee for a Responsible Federal Budget, stated that this would hasten the point where Social Security payouts exceed taxes by six months. [13] Others state that repealing the WEP would reintroduce the ability of a windfall to be generated by higher-paid long-time public sector workers who work for a short ...
The bill rescinds two provisions — the Windfall Elimination Provision and the Government Pension Offset — that limit Social Security benefits for recipients if they get retirement payments ...
The Social Security Fairness Act is a United States law that repealed the Social Security Government Pension Offset and Windfall Elimination Provision. [1] The bill passed the House in November 2024 and then passed the Senate in December. [2] It was signed into law by President Biden on January 5, 2025. [3]