Tag: WEP GPO

President-elect Biden proposes to eliminate the Windfall Elimination Provision (WEP) and the Government Pension Offet (GPO). These provisions reduce Social Security benefits for workers with significant government pensions from jobs not covered by Social Security and for their spouses and survivors. Eliminating these provisions would be a mistake. They are well-intentioned attempts to solve an…

One would think that, focusing on retirement issues all day long, I would know that the Windfall Elimination Provision (WEP) had become a hot topic. No such luck; it took me totally by surprise. Now you are shaking your head, and saying: “What the hell is the WEP?” It is actually a well-intentioned attempt…