If the 2022 mid-term elections are as energized as some experts predict, it could produce a Congress that might repeal or modify two 1980s laws.
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.
The inspectors general for the Departments of Justice and Veterans Affairs are setting up a new VA health care fraud task force.
Beyond the usual slew of appropriations bills and confirmation votes awaiting Congress when it returns to Capitol Hill next month, here are a few other standalone bills worth tracking that could impact federal employees.
The Windfall Elimination Provision (WEP) has been at the top of the legislative hit list for groups representing federal and public retirees for decades.