…the Social Security Fairness Act would repeal the Government Pension Offset and restore the full quarter-million dollar lifetime windfall… It is one thing for Congressional Democrats to vote to repeal the Government Pension Offset. Public sector employees are core supporters of the Democratic Party...
82, which is also known as the Social Security Fairness Act. That bill would have repealed two provisions that reduce Social Security payments for some people who receive other benefits: the government pension offset (GPO...
The vote on the Social Security Fairness Act was 76-20. It previously passed the House in an overwhelming bipartisan vote of 327-75 in November after rank-and-file lawmakers used a procedural measure, known as a discharge petition, to force a floor vote without House GOP leaders’ blessing....
What is the Social Security Fairness Act? Decades in the making, the Social Security Fairness Act would repeal two federal policies — the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — that broadly reduce payments to nearly 3 million retirees. That includes those...
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 an immediate boost in their benefits.
Government Pension Offset (GPO) Usually, the Social Security benefit that a spouse or survivor receives is equal to the partner's full benefit, assuming the spouse applied for benefits at thefull retirement age, which is determined by the retiree's birth year. That benefit is reduced if the ...
Whatever the rhetoric, the GOP is on track to nominate someone who has won over the big money by promising government by the 1 percent, for the 1 percent. Posted by Mark Thoma on Monday, August 17, 2015 at 09:33 AM in Economics, Politics, Social Insurance, Social Security | Permalink ...
Security is commonly understood as a universal system in which everyone participates by paying Social Security payroll taxes and later getting benefits. But federal law has carved out exceptions. Generally, there are a few job categories that can be exempted and, ...
The Senate is plowing forward with consideration of the Social Security Fairness Act, clearing its first procedural hurdle on what supporters hope is a path to passage later this week. The Senate voted 73-27 to advance the measure, which could mean highe
Notes – If Sandy also had earnings from government employment not subject to Social Security taxation, these could reduce both her Spousal Benefit and the Survivor Benefit due to theGovernment Pension Offset (GPO). In addition, if Danny’s side-job earnings had beensubstantialin m...