Government pensions are valuable retirement benefits, but they have long come with a downside. A non-covered pension had the potential to reduce someone's Social Security benefits by hundreds ...

A few weeks ago, I wrote a column about something called the “government pension offset.” It is a law that essentially says this: If you get a pension from a job that was not covered by Social ...

Answer: The Social Security Fairness Act did away with the windfall elimination provision and the government pension offset, two rules that reduced Social Security benefits for people receiving ...

The Windfall Elimination Provision (WEP) was a formula designed to adjust Social Security benefits for workers who received 'non-covered pensions' while also qualifying for Social Security ...

The retirement plan advisory industry continues to evolve, both in business structure and in the services provided to sponsors and participants. Advisers need insights and resources to aid them in ...

These provisions reduced or eliminated the Social Security benefits for over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension ...

On Tuesday, the Social Security Administration announced it is set to increase benefits and issue back pay for those impacted by the Windfall Elimination Provision (WEP) and Government Pension ...

LOUISVILLE, Ky. (WDRB) -- More than 3.2 million Social Security recipients who received pensions from their time as teachers, firefighters, police officers and other public service jobs will see ...

The new law affects around 3 million workers, including teachers, firefighters, and police officers, by ending the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).

On Jan. 6, President Joe Biden signed into law the Social Security Fairness Act. This law repeals the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). This is a momentous ...

About 2.1 million people, or about 3% of all beneficiaries, were affected by the Windfall Elimination Provision.The Congressional Budget Office estimated in September that eliminating the Windfall ...