Work continues through the dog days of summer to craft a new proposal to reform the Social Security Windfall Elimination Provision. The bill, which is being drafted by Congressman Richard Neal, was on track to be released in July. More time is needed to work out the fine details, in order to avoid a false start. While details are still being ironed out, the federal legislation will likely focus on two changes to the WEP law. The first, is aimed at providing relief for those retirees whose Social Security benefits have already been reduced because of WEP. Second, a long-term reform is needed that will treat all public and private future retirees fairly. It is estimated that nearly 100,000 Mass Retirees are now impacted by WEP. This number grows daily. Mass Retirees and Chairman Neal have a strong partnership in working to resolve this issue for all members.
Work continues through the dog days of summer to craft a new proposal to reform the Social Security Windfall Elimination Provision. The bill, which is being drafted by Congressman Richard Neal, was on track to be released in July. More time is needed to work out the fine details, in order to avoid a false start. While details are still being ironed out, the federal legislation will likely focus on two changes to the WEP law. The first, is aimed at providing relief for those retirees whose Social Security benefits have already been reduced because of WEP. Second, a long-term reform is needed that will treat all public and private future retirees fairly. It is estimated that nearly 100,000 Mass Retirees are now impacted by WEP. This number grows daily. Mass Retirees and Chairman Neal have a strong partnership in working to resolve this issue for all members.
