Detailed Explanation of the Social Security “Fairness” Act - AEI
Andrew G Biggs gives insight into why public employees who don’t participate in Social Security are not being cheated when their Social Security benefits are offset because of their pensions. When you understand how the Social Security formula works, you will realize why it does not work for people who had jobs not paying into Social Security who get pensions. Read here…
Also, check out this video on the subject of WEP/GPO
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.