Tag: state and local workers

City hall of an American city

Don’t Mess with the WEP and GPO!

MarketWatch Blog by

April 11, 2023

A new report from the Congressional Research Service appears to have rekindled the controversy surrounding the Windfall Elimination Provision (WEP).  This provision reduces Social Security benefits for workers receiving significant government pensions from jobs not covered by Social Security.  A companion provision – the Government Pension Offset (GPO) – makes similar adjustments for their spouses…

Scavenger,(local,Government,Staff),Sweeping,Leaves,On,Ground,With,Brick

How Will COVID-19 Affect Pensions for Noncovered Workers?

Working Paper by , , and

November 10, 2021

Abstract Federal law allows certain state and local government employees to be excluded from Social Security if they are covered by an employer pension of sufficient generosity.  As a result, approximately one-quarter of state and local workers are not covered by Social Security on their current job.  Before COVID-19, these “FICA replacement plans” all satisfied…

What Happens to Government Workers Who Don’t Receive Social Security?

MarketWatch Blog by

May 25, 2021

Publications

US Capitol Building in Washington DC

Eliminating Social Security Provisions that Reduce Benefits for Some State and Local Workers Is Not the Way to Help Retirees

MarketWatch Blog by

January 4, 2021
Creative abstract money savings sketch on modern laptop monitor, accumulation and growth of money concept. 3D Rendering

Do Public Pensions Help Recruit and Retain High-Quality Workers?

Issue Brief by , , and

October 14, 2014
Saving and pension planning

Defined Contribution Plans in the Public Sector: An Update

Issue Brief by , , and

April 29, 2014
Session,Of,Government.,Conference,Room,Or,Seminar,Meeting,Room,In

How Retirement Provisions Affect Tenure of State and Local Workers

Issue Brief by , , , and

December 4, 2012
Creative abstract money savings sketch on modern laptop monitor, accumulation and growth of money concept. 3D Rendering

The Impact of Long Vesting Periods on State and Local Workers

Issue Brief by , , , and

November 20, 2012
state and local image

State and Local Pensions: What Now?

Book by

September 21, 2012
American flag flying over government building in city, blue sky and clouds

How Would GASB Proposals Affect State and Local Pension Reporting?

Issue Brief by , , , and

November 28, 2011
Firefighter,Helmet,And,Protection,Coat,Hanging,In,The,Fire,Station

How Prepared Are State and Local Workers for Retirement?

Issue Brief by , , , and

October 19, 2011
American flag flying over government building in city, blue sky and clouds

How Prepared Are State and Local Workers for Retirement?

Working Paper by , , , and

October 18, 2011