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The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.

The majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.

The SSA has now confirmed it has sent out 3.1 million payments to those impacted by the Social Security Fairness Act.

The Social Security Fairness Act gets rid of two long-standing laws: the Windfall Elimination Provision (WEP) and the ...

Social Security changes slightly every year, undergoing adjustments that can significantly affect individuals receiving ...

The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...

The Windfall Elimination Provision. To qualify for Social Security retirement benefits, you must earn 40 credits of coverage or the equivalent of 10 years of Social Security covered employment.

The windfall elimination provision reduces the Social Security benefits of around 2 million former civil servants, while the GPO affects nearly 800,000 retirees.

Tag: windfall elimination provision. Compliance. April 5th, 2023. Recent Proposals to Reform Social Security. The options to reform Social Security will have to become more dramatic the longer ...

Retirement and disability funds face depletion in the next decade, with Congress urged to act to correct the looming ...