On January 6, 2025, President Joe Biden signed the Social Security Equity Act, ending two controversial tax provisions: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This legislative change marks a significant milestone for over 2 million public service retirees, who will see a direct increase in their Social Security benefits.

 

Personalized Expert Advice

 

What does this repeal mean?

The elimination of the WEP and GPO addresses inequalities that have impacted retirees for years:

  • Windfall Elimination Provision (WEP): Reduced Social Security benefits for workers who combined public and private sector careers. Under the current system, many of these employees did not receive the full benefits they deserved.
  • Government Pension Offset (GPO): Reduced spousal or survivor benefits for families with retired government workers, directly affecting their economic stability.

With this repeal, affected retirees will receive an average of $360 more per month in their Social Security payments. Additionally, some may receive retroactive payments for benefits not received during 2024.

 

Next steps

The Social Security Administration is already evaluating the steps to implement this law and ensure beneficiaries receive the updated and retroactive payments.

 

🔎 What does this mean for retirees?

This advancement not only improves the quality of life for millions of retirees but also strengthens trust in a more just and equitable Social Security system.
At Adlanter, we are closely monitoring these changes to provide you with updated information and expert advice. If you have questions about how these changes may affect your benefits or those of your organization, we are here to help.

Shall we talk? Contact us to learn how to successfully manage these changes.

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