Once again, there are dueling agendas to eliminate or offset the Windfall Elimination Provision, a pesky nuance that reduces Social Security benefits for some federal retirees.
The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), created by Congress, have made monthly raids on the Social Security benefits of millions of retired civil servants for decades.
Once again, there are dueling agendas to eliminate or offset the Windfall Elimination Provision, a pesky nuance that reduces Social Security benefits for some federal retirees.
A bicameral pair of Democrats have reintroduced legislation to provide civilian employees with a federal pay raise in 2022.
The modern day equivalent of a panic-starter is to bring up the subject of the Government Pension Offset or Windfall Elimination Provision to retired federal or state government employees, or their spouses.
While most feds oppose WEP and GPO, today’s guest columnist said he’s looked at the background, crunched the numbers and in his opinion they are fair.
Given the impact of the pandemic on the economy, and on prices, it is unlikely that retirees who get cost of living adjustments most years will be getting a COLA in January 2021.
Although looking back on the first couple of months of 2020 might seem like the Good Old Days, benefits expert Tammy Flanagan said, “It was already destined to be pretty rocky” being an election year and all. But, then, of course, came the coronavirus pandemic.
Windfall Elimination Provision and Government Pension Offset cost millions of federal and public employees even more millions in dollars of benefits.
Long shot legislation to eliminate or modify Social Security benefits of several million retired federal and public sector employees or their surviving spouses, is almost certainly dead, for now.
The two decades-old laws impact, as in reduce or almost eliminate, the Social Security benefits of 1.8 million public servants.
In today's Federal Newscast, a new federal interagency strategy from the Agriculture Department, the Food and Drug Administration and the Environmental Protection Agency, looks to reduce how much food is wasted.
In today's Federal Newscast, the cybersecurity firm Anomali Labs says it's found a malicious server hosting two separate phishing campaigns targeting government contractors looking to do business with the Labor and Transportation departments.
In today's Federal Newscast, the Office of Personnel Management says its starting this year's combined federal campaign with more upgrades to the online donation system.
Four Democratic senators have introduce a bill designed to crack down on wasteful spending by political appointees.