Social Security Fairness Act: Impact on CalPERS Members

Social Security Fairness Act: Impact on CalPERS Members

The Social Security Fairness Act has brought significant changes for CalPERS members who were previously affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). These changes impact the eligibility and calculation of Social Security benefits for individuals in “non-covered” positions who receive a pension from CalPERS.

With the repeal of the WEP and GPO, many CalPERS members may now be entitled to additional Social Security benefits. However, the implementation of these changes by the Social Security Administration is still in progress, and the timeline for receiving these additional benefits remains uncertain.

CalPERS does not manage the administration of these changes but encourages members to contact the Social Security Administration for more information. As the new provisions of the Social Security Fairness Act take effect, CalPERS members in “non-covered” positions can expect potential adjustments to their Social Security benefits.

For further updates and details on how the Social Security Fairness Act impacts CalPERS members, it is recommended to stay informed through the Social Security Administration’s updates and resources.

Attribution:

This article was summarized and republished from the original source.
Please check the original article here: https://www.calpers.ca.gov/members/retirement-benefits/service-disability-retirement/social-security-and-your-pension.

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