By Terry Savage on December 12, 2023 | Financial Planning / Retirement

Is there any chance that WEP will go away. We each worked and paid into SOC SEC for many years.. Then we started teaching in a public school/s. At retirement , we started collecting our state teacher retirements. However, SOC SEC keeps over half of the social security that we should get. due to having a teacher retirement plan. The Soc Sec was earned before we taught.

Terry Says

If you worked in the private sector for 30 years, there is no WEP. And there is a huge movement to try to get this “windfall elimination provision” removed. Use this link to read about House Bill 82, which might possibly get through Congress.

And to make sure your WEP amount is correct, this is a good time to enter your information at www.MaximizeMySocialSecurity.com.

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