Post #31861 by Lambo on the US Policy board

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This doesn't seem fair. If this sort of income was exempt from SS taxation when you earned it, then you should not reap SS benefits on it later. Vivek, take a look at this...

https://finance.yahoo.com/news/house-passes-196-bi...

House Passes $196 Billion Social Security Bill: Will Repealing Pension Reductions Shorten The Program's Lifespan?

On Nov. 12, the U.S. House of Representatives passed the Social Security Fairness Act, a bipartisan bill set in motion to eliminate two long-standing provisions that currently reduce Social Security benefits for public sector employees.

... more at link

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I've never really understood this "windfall" claim.

If you've earned two different private pension you can still collect both.

If you've earned a military pension and then earned another pension (private or public), you can still collect both.

What's special that keeps about a person who has separately earned a social security pension and a state teacher's pension from collecting both?

I honestly don't know...

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Well, Mike-

Currently, the WEP reduces the earned Social Security benefits of an individual who also receives a public pension from a job not covered by Social Security. For example, educators who do not earn Social Security in public schools but who work part-time or during the summer in jobs covered by Social Security have reduced benefits, even though they pay into the system for enough quarters to receive benefits. Likewise, the GPO affects the spousal benefits of people who work as federal, state, or local government employees � including police officers, firefighters, and teachers � if the job is not covered by Social Security. The GPO reduces by two-thirds the benefit received by surviving spouses who also collect a government pension � often offsetting benefits entirely.

According to a new report from the nonpartisan Congressional Research Service, the WEP currently impacts more than 2.1 million Social Security beneficiaries, and the GPO impacts nearly 750,000 retirees. More than 300,000 American retirees are impacted by both the WEP and the GPO.

IN that context it doesn't seem unfair.

https://spanberger.house.gov/posts/spanberger-grav...

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