[Congressional Record Volume 169, Number 39 (Wednesday, March 1, 2023)]
[Senate]
[Pages S570-S571]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. BROWN (for himself, Ms. Collins, Ms. Baldwin, Mr.
Blumenthal, Mr. Booker, Mr. Casey, Mr. Cassidy, Ms. Cortez
Masto, Ms. Duckworth, Ms. Hassan, Ms. Hirono, Mr. Hickenlooper,
Mr. King, Mr. Markey, Mr. Menendez, Mr. Merkley, Mr. Murphy,
Ms. Murkowski, Mr. Padilla, Mr. Reed, Mr. Sanders, Ms. Smith,
Ms. Warren, and Mr. Whitehouse):
S. 597. A bill to amend title II of the Social Security Act to repeal
the Government pension offset and windfall elimination provisions; to
the Committee on Finance.
Ms. COLLINS. Madam President, I rise today, along with my colleague
Senator Brown, to introduce the Social Security Fairness Act. The
bipartisan bill would repeal two Social Security provisions that
unfairly penalize many public servants in Maine and in other States.
Social Security is the foundation of retirement income for most
Americans. This crucial program has made the difference between poverty
and a comfortable retirement for millions of seniors. Yet, some
teachers, firefighters, police officers, and other public servants
often see their earned Social Security benefits unfairly reduced by two
Social Security provisions: the windfall elimination provision and the
Government pension offset.
The Windfall elimination provision or W-E-P affects public servants
who receive a pension from a job where they did not pay into Social
Security but who also worked long enough in another job to qualify for
Social Security benefits. Due to the WEP, their Social Security
benefits are calculated using a different formula, which can reduce
their monthly benefits. For workers who become eligible for benefits in
2023, the WEP reduction can be up to $557.50 per month, subject to
other adjustments.
The Government Pension Offset GPO affects public servants who receive
a pension from a job where they did not pay into Social Security and
are also eligible to receive a Social Security spousal or widow(er)'s
benefit. However, the GPO reduces Social Security spousal or
widow(er)'s benefits by an amount equal to two-thirds of the noncovered
pension.
According to the Social Security Administration, in December 2022,
more than 2 million people, including nearly 20,500 people in Maine,
had their Social Security benefits reduced by the WEP. Similarly,
nearly 735,000 people were affected by the GPO in December 2022,
including more than 8,100 people in Maine. While the effects of the WEP
and GPO are most acute in certain States, including Maine, data from
the Social Security Administration indicate that these provisions
affect public servants in all 50 States.
Many Maine teachers have spoken with me about how the WEP and GPO
affect their retirement security. I recently heard from a special
education teacher in Kennebuck who has spent more than 40 years
teaching and also held a second job in the private sector to help
support her family after becoming a single parent. Due to the WEP, she
is concerned about her financial security once she retires. A retiree
in Mount Desert also reached out to me recently to share his story. He
wants to make sure his wife, who is a public servant, will be taken
care of after he is gone. Due to the GPO, he is concerned that any
Social Security widow's benefits his wife receives will be
substantially reduced.
The bill we are introducing today, the Social Security Fairness Act,
would repeal both the WEP and the GPO for Social Security benefits
payable after December 2023. This means current Social Security
beneficiaries would have their benefits recalculated without applying
the WEP and GPO. Teachers, firefighters, police officers, and other
public servants currently in the workforce would no longer have to
worry about having their Social Security benefits unfairly reduced in
the future. Those who are considering careers in public service would
no longer have to weigh the potential negative effects of this choice
on their future retirement security.
Our dedicated public servants, such as our teachers who help prepare
our
[[Page S571]]
children for future success and our police officers who help keep our
communities safe, should receive the full Social Security benefits they
have earned. It is time for us to take action to address the WEP and
the GPO. I urge my colleagues to support the Social Security Fairness
Act.
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