RCWS 010 - The Social Security Fairness Act What it Means for Educators and Public Servants

Dr. John Colegrove dives into the Social Security Fairness Act, a significant legislative update that impacts thousands of public sector employees—including Gwinnett County Public School educators and staff, firefighters, and federal workers.

John explains the repeal of two major penalties: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which previously reduced or wiped out Social Security benefits for individuals who contributed to a pension but not to Social Security during their public service careers.

This change marks a major shift in retirement planning for many, ensuring fairer treatment for those who’ve contributed to both systems at different points in their careers.

 

Tracking #706183