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Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.
Government pensions are valuable retirement benefits, but they have long come with a downside. A non-covered pension had the potential to reduce someone's Social Security benefits by hundreds ...
"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than ...
A few weeks ago, I wrote a column about something called the “government pension offset.” It is a law that essentially says this: If you get a pension from a job that was not covered by Social ...
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The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...
While 91 percent of the those affected are now receiving full benefits, there are still some "complex cases" that are taking ...
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Will the Social Security Fairness Act Bankrupt SSA Trust Funds?President Joe Biden signed the Social Security Fairness Act on January 5, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and so opening up higher benefit ...
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.
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