It is important to understand a little of the background of CSRS and FERS to realize how the Windfall Elimination Provision and the Government Pension Offset cause substantial, and often, unfair ...
Throughout your career, it’s likely that a portion of your income has gone toward Social Security benefits each pay period. The purpose? When the time comes to retire, you are able to draw monthly ...
A friend called recently about her Social Security benefit, and she was not happy. Preparing to retire following a successful career in academic, private sector, and federal government positions, she ...
When it comes to Social Security benefits, private-sector and public-sector employees are not created equal. For those falling under the latter category, there are two rules that may reduce the amount ...
In regards to Social Security WEP and GPO proposed repeal: These formulas penalize individuals who worked for private companies and put into Social Security and then also worked for state government ...
These days, I don’t get as many questions about the Windfall Elimination Provision or the Government Pension Offset as I used to. That’s mostly because the majority of federal employees currently on ...
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Social Security Fairness Act: Are You Owed a Bigger Monthly Check?
The Social Security Fairness Act repealed the WEP and GPO provisions. Find out if you're one of 3.2 million public sector ...
Congress tried to eliminate windfall benefits for workers who had been exempt from Social Security contributions for part of their career by enacting the Government Pension Offset (GPO) in 1977 and ...
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