Senate passes Social Security bill to repeal WEP and GPO

Category: Legislation

The Senate passed the Social Security Fairness Act, which aims to repeal the Windfall Elimination Provision and the Government Pension Offset, allowing higher Social Security benefits for millions of public sector retirees. The bill, which has been a long-standing priority for public employee advocates, now awaits President Biden's signature after a bipartisan Senate vote of 70-26. While supporters celebrate the legislation as a remedy for unfair reductions in benefits, critics warn it could negatively impact Social Security's solvency.

Keywords: Social Security Fairness Act, Windfall Elimination Provision, Government Pension Offset

Source: Federal News Network

Update At: 12/22/2024

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