Federal Legislation to Repeal Windfall Elimination Provision (WEP) Introduced.
Equal Treatments of Public Servants Act was introduced by Kevin Brady, representative of Texas and Richard Neal , representative of Massachussets last week. If passes, this bill would help in abolishing the Social Secutiry Windfall Elimination Provision(WEP). This shall be then replaced by a fairer formula which will help those who have had a negative impact by the WEP.
Already, members of Texas Retired Teachers Associatiaon(TRTA) has been advocating for the abolishment of WEP by the Congress.
The abolishing of WEP will result in :
Public servants shall be considered like rest of
Public servants are guaranteed to receive benefits that had been earned by them whilethe Social Security was paid by them.
WEP will be reduced by one third for currently retired personnel and upto to half for future retirees.
This will not have any impact on Social Security trust fund.