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Thread: WEP Bill in Congress!!!

  1. #1

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    Default WEP Bill in Congress!!!

    I hope so I've been ripped off for over 9 YEARS!
    New Legislation Promises to ‘Fix’ Social Security Windfall Elimination Provision (WEP)


    October 7, 2019 - By Scott Thompson

    Congressman Richard Neal (D-MA) introduced legislation on Sept. 27 that promises to “fix the Windfall Elimination Provision (WEP) for future retirees and provide meaningful relief to current WEP retirees.”
    WEP reduces the Social Security benefits of local, state and federal retirees who worked in Social Security-covered employment (e.g., private-sector jobs) and who also receive a government annuity from their non-Social Security covered government employment. [More]


    https://www.myfederalretirement.com/wep-hr4540/




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  3. #2

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    Default Re: WEP Bill in Congress!!!

    I'm not collecting SS because of WEP. I planned on waiting until I turn 70. Hope this passes.
    May the force be with us.

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  5. #3

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    Default Re: WEP Bill in Congress!!!

    They cut my SS 60%, not pretty!Zombie.gif



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  7. #4

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    Default Re: WEP Bill in Congress!!!

    Bills to address WEP are introduced every year, and every year they die with no action. Unfortunately I doubt this year will be any different. I ended up working until I had my full 30 years paying into SS so that I avoided the WEP reduction.

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  9. #5

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    Default Re: WEP Bill in Congress!!!

    Quote Originally Posted by Tsunami View Post
    Bills to address WEP are introduced every year, and every year they die with no action. Unfortunately I doubt this year will be any different. I ended up working until I had my full 30 years paying into SS so that I avoided the WEP reduction.
    Yep, they die a slow death in committee. NARFE has been reporting on WEP every year since I retired and the outcome is always the same.
    "the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark

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  11. #6

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    Default Re: WEP Bill in Congress!!!

    Looks like the boys in Congress are making another run at eliminating WEP. Not holding my breath but it is good to know there are folks fighting for its repeal. Enjoy!

    https://www.fedsmith.com/2020/03/12/...oduced-senate/
    "the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark

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  13. #7

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    Default Re: WEP Bill in Congress!!!

    Quote Originally Posted by ravensfan View Post
    Looks like the boys in Congress are making another run at eliminating WEP. Not holding my breath but it is good to know there are folks fighting for its repeal. Enjoy!

    https://www.fedsmith.com/2020/03/12/...oduced-senate/
    Down to $100 per month, but I'll take that, better than nothing for 10 years. Yes I've been retired for 10 years.hippy.gif



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