Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...

The amount of WEP reduction depends on how many years you had contributed to Social Security from “substantial” earnings but, with 20 or fewer years, the maximum WEP reduction is determined by the ...

And that’s what the windfall elimination provision does. When that WEP formula is applied to my Social Security computation, it gives me the roughly 40% return rate rather than the 90% rate ...

According to NOA, between June 2023 and December 2024, the domestic debt stock of the 36 states and the FCT dropped from N5.82 trillion to N3.97 trillion — a reduction of N1.85 trillion in 18 ...

Early this year, near the end of his term in office, President Biden signed the Social Security Fairness Act, a law that ended the Windfall Elimination Provision and Government Pension Offset ...

Millions of seniors are getting a welcome windfall. And it’s about time. On Jan. 5, Congress ended two provisions — the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO ...

Dear Rusty: I don’t understand exactly how the Windfall Elimination Provision (WEP) works for my situation. I turned 62 in 2017 and am currently still working in a “non-covered” job, not paying into ...

Representative Clay Higgins is urging the Social Security Administration (SSA) to expedite the process, citing the immediate needs of millions affected by the repeal of the Windfall Elimination ...

In many cases, the reduction can eliminate spousal benefits and survivor benefits completely. For example, assume you receive a pension of $1,500/month; your spousal benefit would be reduced by ...

Windfall Elimination Provision (WEP) The WEP, enacted in 1983, was a reform that was intended to even the Social Security ...