Social Security: The Windfall Elimination Provision (WEP)
Description:
This report discusses 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.
Date:
June 30, 2015
Creator:
Sidor, Gary
Partner:
UNT Libraries Government Documents Department