Early this year, near the end of his term in office, President Biden signed the Social Security Fairness Act, a law that ended the Windfall Elimination Provision and Government Pension Offset ...

The Social Security Administration (SSA) works closely with the Windfall Elimination Provision (WEP) to adjust payments for beneficiaries receiving pensions without having contributed through taxes.

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Many people are used to working, paying taxes on their income, and collecting Social Security in retirement. But it used to be that for some people, it wasn’t a given that they would get their ...

Although Congress has yet to act, it is well known that Social Security's rainy-day funds will soon run dry, and revenue from Social Security's payroll taxes will not be enough to cover projected ...

The Windfall Elimination Provision (WEP) penalized certain retirees. “Right now, WEP can reduce your Social Security benefit if you also get a pension from non-covered work,” Ray explained.

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Key Takeaways The Social Security Fairness Act was signed into law by President Joe Biden in January 2025 to repeal the Windfall Elimination Provision and Government Pension Offset. The law means ...

“Congress broke a promise 40 years ago to millions of Americans when it enacted the Windfall Elimination Provision and the Government Pension Offset,” said Edward Kelly, general president of ...