On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, ...

Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will ...

Two key provisions, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), have historically ...

The Social Security Fairness Act repeals two provisions that reduce or eliminate Social Security benefits for public sector workers: the Windfall Elimination Provision and Government Pension Offset.

It will ask for your name, Social Security number, and your earnings last year ... medical issues that may require substantial amounts of money to address. 5. WEP Calculator If you work or have ...

But the WEP reduces the benefit formula. Instead of 90 percent of the first $1,024, the formula is calculated using only 40 percent of the first $1,024. Her Social Security PIA was therefore reduced ...

The average benefit increase will be about $360 per month. "With a full repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) now signed into law ...

In many cases the Social Security benefits will be increased by hundred of dollars per month - an average of $360 per month. "It's a big deal," Biden said. The 1980s-era Windfall Elimination ...