Federal Managers Association
FMA Working for You
- Thursday, June 11, 2020
- How Social Security’s Windfall Elimination Provision Affects Some Federal Retirees - June 11, 2020
- FMA has long worked to eliminate both the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP). We have endorsed the Social Security Fairness Act of 2019 (H.R. 141), legislation that would completely repeal both unfair policies. We also support several different legislative efforts to mitigate them, including the Public Servants Protection and Fairness Act (H.R. 4540) and the Equal Treatment of Public Servants Act (H.R. 3934 / S. 3401). This article (below) illustrates the unfairness of the WEP and how it negatively impacts workers. FMA will continue to fight for fairness on this issue.My Federal RetirementBy Edward A. Zurndorfer, Certified Financial PlannerMost working individuals in the U.S. are covered by Social Security and pay into the Social Security system by having the Federal Insurance Contribution Act (FICA) tax deducted from their paychecks.To read the full article, please click here.