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Protecting Public Servants' Social Security Benefits and WEP Correction

This act aims to provide fairer Social Security benefits for public servants who also had non-covered employment. It introduces a new benefit calculation method to reduce the negative impact of the Windfall Elimination Provision (WEP) and provides additional monthly payments for those already affected by WEP. The changes are intended to help these groups receive higher retirement benefits.
Key points
New Social Security benefit calculation method for individuals with non-covered employment, ensuring higher pensions.
Additional monthly payments (up to $150) for individuals whose benefits were previously reduced by WEP.
Improved Social Security account statements, including information on non-covered earnings.
Ensuring that the changes do not negatively impact Social Security trust funds.
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Additional Information
Print number: 117_HR_2337
Sponsor: Rep. Neal, Richard E. [D-MA-1]
Process start date: 2021-04-01