The Issue Eliminating Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) would create an unequal benefit structure and hasten Social Security’s insolvency.
Additionally, the Social Security Board of Trustees Report has cautioned for four decades that benefit cuts may be coming. The asset reserves for the Old Age and Survivors Insurance Trust Fund ...
The Social Security Board of Trustees project that by 2035, there will only be enough money to pay retirees 75% of their benefits. Without changes, future generations won’t receive 100% of their ...
For this year, the highest-earning SocialSecurity beneficiaries can see payments of $4,873 if they retired at age 70. This is in stark contrast to the average monthly benefit, however. Across the ...
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