ABSTRACT

Social Security: The Windfall Elimination Provision (WEP) [May 25, 2016]   [open pdf - 803KB]

From the summary within the report: "The windfall elimination provision (WEP) reduces the Social Security benefits of workers who also have pension benefits from employment not covered by Social Security. Its purpose is to remove an advantage or 'windfall' these workers would otherwise receive as a result of the interaction between the Social Security benefit formula and the workers' relatively small portion of their careers in Social Security-covered employment. Opponents contend the provision is imprecise and can be unfair."

Report Number:
CRS Report for Congress, 98-35
Author:
Publisher:
Date:
2016-05-25
Series:
Copyright:
Public Domain
Retrieved From:
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html
Format:
pdf
Media Type:
application/pdf
URL:
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