Don’t be blindsided by the Windfall Elimination Provision or the Government Pension Offset
The Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) may affect anyone who has worked in a government civil service job which didn’t withhold Social Security payroll taxes, but who is also eligible for Social Security benefits. This FEDweek article by Reg Jones explains why those who will receive a Civil Service Retirement System (CSRS) pension should carefully evaluate the impact WEP and GPO might have on their Social Security benefits when planning to retire. To read more about this topic, click here. If you are affected by WEP or GPO, you may want to consider AMAC’s free Social Security Advisory service, information about which is available at www.socialsecurityreport.org.