What is the Social Security Fairness Act of 2021?

Introduced in House (01/04/2021) This bill repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government.

What is the Social Security Fairness Act?

The Social Security Fairness Act is a proposed United States law that would repeal the Social Security Government Pension Offset and Windfall Elimination Provision. To amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions.

What is the maximum WEP reduction for 2022?

$512
The maximum Windfall Elimination Provision (WEP) deduction for 2022 is $512.

How do you avoid the Windfall Elimination Provision?

To avoid the WEP, you’ll need to work at least 30 years in a qualifying (Social Security-eligible) position with substantial earnings (for 2021, this is $26,500 or more).

How many states have the Windfall Elimination Provision?

3.In which 26 states are state, county, municipal and special district employees penalized by the GPO/WEP? There are 26 states where this occurs, with the largest populations in California, Colorado, Illinois, Louisiana, Ohio and Texas. 4.

How Much Will SSI checks be in 2022?

$841 per month
For 2022, the Supplemental Security Income (SSI) FBR is $841 per month for an eligible individual and $1,261 per month for an eligible couple. For 2022, the amount of earnings that will have no effect on eligibility or benefits for SSI beneficiaries who are students under age 22 is $8,230 a year.

How do you get past the Windfall Elimination Provision?

The WEP can reduce eligible Social Security benefits by as much as 60%. It has a maximum deduction equal to one-half of your pension payment. To avoid the WEP, you’ll need to work at least 30 years in a qualifying (Social Security-eligible) position with substantial earnings (for 2021, this is $26,500 or more).

What states are affected by the Windfall Elimination Provision?

In some states, the percentage of retired workers affected by the WEP was substantially higher than the national figure of 2.8 percent. More than one-tenth of the retired workers in Alaska and the District of Columbia were affected as well as about 5 percent of those in Colorado, Maine, Maryland, Nevada, and Ohio.