Repeal the Government Pension Offset and Windfall Elimination Provision!
1/3 of all teachers risk being penalized by GPO and WEP in retirement, losing some or all the Social Security benefits for which they or their spouse paid the required Social Security taxes.
GPO/WEP discriminate against women, often causing extreme financial hardship. A pension of only $1,500/month can result in total loss of needed survivor benefits.
It's possible to pay as much as $90,000 in Social Security taxes and receive not one dime of your Social Security benefits, due to GPO/WEP.
1/5 of public employees risk being penalized by GPO and WEP in retirement, losing some or all the Social Security benefits for which they or their spouse paid the required Social Security taxes.
GPO/WEP are called Heroes’ Penalties. All who pay full Social Security taxes do not receive full benefits. Our public servants are targeted for unequal treatment.
New Bills in this Congress!
H.R. 973 introduced by Rodney Davis (R- IL) S.1651 Sherrod Brown (D-OH)
These are companion bills which would cause a complete repeal of both the Windfall Elimination Provision and the Government Pension Offset.
H.R. 711 introduced by Kevin Brady (R-TX)
"To amend title II of the Social Security Act to repeal the windfall elimination provision and protect the retirement of public servants." It introduces a new formula that will lessen, but not eliminate the penalty. We will be studying this legislation and surveying our members to gauge support for it.
You can check on the Progress of these bills at: congress.gov
Working In A Government Job Often Puts You At Risk Of Losing Your Social Security Benefits. Two Million American Retirees Have Had Their Hard-Earned Benefits Partially Cut Or Even Completely Eliminated. See Below For An Explanation.
Government Pension Offset (GPO):
If you are married to someone who is earning Social Security, you will probably lose all SS retirement or survivor benefits due you from taxes paid by spouse during the marriage.
Windfall Elimination Provision (WEP):
You can lose up to half or more of any Social Security benefits you have earned in other work paying required FICA taxes.