Congress, Federal Pensions and the National Debt: Will GPO and WEP Disappear This Year?

The Government Pension Offset and the Windfall Elimination Provision impact the retirement income for many public sector retirees. A bill has been introduced to eliminate these provisions. Elimination would cost the government considerable money but, with a new Administration and Congress taking on a debt estimated to be at least $1.2 trillion, it could pass this year.