Social Security Advisory Board Calls for WEP Repeal

Press Release

U.S. Congressman Kevin Brady, (R-TX) released the following statement on the publication of The Windfall Eliminations Provision: It's Time to Correct the Math, a report by the Social Security Advisory Board. In the report the advisory board recommends Congress replace the three-decade old Windfall Elimination Provision (WEP) with a new formula that is used by Congressmen Brady and Neal's Equal Treatment of Public Servant Act.

The Equal Treatment for Public Servants Act of 2015 replaces the WEP, which docks some public servants more than $400 a month in Social Security benefits, with a Social Security formula based on equal treatment and the real-life contributions of workers in Social Security substitute programs.

"It's time to repeal the WEP and restore hard-earned Social Security benefits to teachers, police and firefighters. Like other workers who pay into Social Security and earn a retirement at work, they deserve equal treatment based on their real-life contributions. This bill provides fairness to our local public servants and strengthens the solvency of Social Security in the long term. Now it's time to move this bipartisan proposal forward."

Congressman Richard E. Neal said, "As someone who has worked tirelessly to preserve and protect Social Security, I am pleased to be an original sponsor of this important bipartisan legislation. Treating our teachers and public servants fairly when it comes to their Social Security benefits is not an unreasonable proposal. I strongly believe these public employees should be treated the same as any other hard working member of the American family. Social Security is one of our country's greatest achievements, and by repealing the Windfall Elimination Provision, we will ensure that teachers and public servants receive the retirement benefits they have earned."

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