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

Some people who worked in both public and private jobs in their lifetimes have their Social Security benefits reduced because ...

The Social Security Fairness Act, enacted on January 5, 2025, marks a significant shift in benefits for over 3.2 million ...

What You Need to Know. Brace yourself for a steep rise in Medicare Part B premiums. Find out how the 2025 increase will ...

In a significant move, the recent repeal of the Windfall Elimination Provision and the Government Pension Offset will ...

On January 5, President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions of Social Security ...

Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will ...

meaning that it was possible to be impacted by one policy and not the other, or one could have been affected by both at the same time. Additionally, he adds that the WEP and GPO provisions could ...

That was because of two policies – the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) – that reduced Social Security benefits and survivor benefits for workers who received ...

The WEP commonly affected public-sector workers ... Importantly, that does not mean Social Security is going bankrupt, nor does it mean benefit payments will stop. Instead, it means benefits ...

This will mean that payroll tax revenues They will not be enough to ... Economic slowdown and financial crises can also accentuate this burden. The end of the WEP and GPO will make a big difference in ...