You are viewing a single comment's thread from:

RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 4/8:

With the repeal, both the WEP and GPO will be removed, allowing those who were previously impacted to receive benefits more in line with their earnings. For example, previously, if a worker had an average indexed monthly earning (AIME) of $1,200 and also received a pension from a non-Social Security job, their Social Security benefits could have been drastically reduced under WEP, leaving them with significantly lower monthly payouts. Repealing WEP allows for fairer benefit calculation methods for these individuals.

A Closer Look at Financial Implications