http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/ Helping a unique generation achieve financial independence. Fri, 10 Feb 2012 01:03:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-3/#comment-426389 Elena J Wed, 19 Oct 2011 16:42:08 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-426389 Larry, have you gotten anywhere with starting a class action? Larry, have you gotten anywhere with starting a class action?

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-4/#comment-426240 carlton Wed, 19 Oct 2011 13:16:11 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-426240 I was a firefighter for over 25 years. In addition to that I have worked for 48 years on other jobs paying into social security. Because I worked an average of 70 hours a week for 42 years I am losing half of my social security because of WEP. Reagan keeps on hosing me even after he is gone. I was a firefighter for over 25 years. In addition to that I have worked for 48 years on other jobs paying into social security. Because I worked an average of 70 hours a week for 42 years I am losing half of my social security because of WEP. Reagan keeps on hosing me even after he is gone.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-4/#comment-423702 Elena J Mon, 17 Oct 2011 05:27:03 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-423702 So how do we overturn it? So how do we overturn it?

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-4/#comment-423013 Jesse Howell Sun, 16 Oct 2011 16:08:47 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-423013 The so-called windfall for teachers is a cruel joke. President Reagan was no intellectual, nor saint, nor prophet; however, with this provision he sent back the teaching civil service into a tailspin that has not recovered, nor will recover anytime soon--and hopeful Obama is no help either. He still can't find his flashlight. The so-called windfall for teachers is a cruel joke. President Reagan was no intellectual, nor saint, nor prophet; however, with this provision he sent back the teaching civil service into a tailspin that has not recovered, nor will recover anytime soon–and hopeful Obama is no help either. He still can’t find his flashlight.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-4/#comment-402362 Elena J Thu, 29 Sep 2011 18:13:48 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-402362 The problem is that they mostly all say they are in favor, but then the bill is presented and stays at point one and never goes anywhere. So, they can say they favor eliminating it but without risking anything since they then take no action. The problem is that they mostly all say they are in favor, but then the bill is presented and stays at point one and never goes anywhere. So, they can say they favor eliminating it but without risking anything since they then take no action.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-4/#comment-402204 Steven Newland Thu, 29 Sep 2011 14:47:25 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-402204 Look in to your Congress and Senators to find out which ones are pro WEP and GPO and rally to defeat them when its election time. Look in to your Congress and Senators to find out which ones are pro WEP and GPO and rally to defeat them when its election time.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-3/#comment-347274 Janbeach Sat, 06 Aug 2011 22:42:49 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-347274 Well, I do get Social Security after all. In fact, I lost 2 years I could have drawn on my deceased husband. His Social Security was cut, but I do get 1/2 of the orig. amount now. I will not get the 2 years I lost. Do NOT believe what anyone tells you on the phone. Well, I do get Social Security after all. In fact, I lost 2 years I could have drawn on my deceased husband. His Social Security was cut, but I do get 1/2 of the orig. amount now. I will not get the 2 years I lost.
Do NOT believe what anyone tells you on the phone.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-3/#comment-347203 pamela silvestro Sat, 06 Aug 2011 17:28:02 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-347203 this is so unfair! both myself and my husband are affected. friend said he was "grandfathered" and does receive both???? what year is that??? thank you. this is so unfair! both myself and my husband are affected. friend said he was “grandfathered” and does receive both???? what year is that??? thank you.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-3/#comment-330236 Elena J Thu, 21 Jul 2011 15:31:50 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-330236 Check again, you will probably loose 60% of your US social security. Calculate how much money you would take in during the interim, by way of each of the alternatives. By deferring, would you recuperate what you didn't take in, that is, delay it? Or would it be forfeited? I have no possibility like this in the Italian pension system. Lucky you. Check again, you will probably loose 60% of your US social security. Calculate how much money you would take in during the interim, by way of each of the alternatives. By deferring, would you recuperate what you didn’t take in, that is, delay it? Or would it be forfeited? I have no possibility like this in the Italian pension system. Lucky you.

]]> http://genxfinance.com/the-social-security-administration%e2%80%99s-windfall-elimination-provision/comment-page-3/#comment-330158 J Fradenburg Thu, 21 Jul 2011 14:20:03 +0000 http://genxfinance.com/2008/10/30/the-social-security-administration%e2%80%99s-windfall-elimination-provision/#comment-330158 I have been drawing a pension from the UK since I was 60yrs old. I am now eligible for SS from the US (Where I worked for 25 yrs) I have just applied and have been told that I will lose 50%. Unfortunatly I can't draw on my ex husbands SS because my contributions are just over 50% of his. I have just found out that I can defer my UK pension and add around 10.04% for every year that I do so, or I have the option to take a lump sum any time after 12 months which will earn 2% over the bank rate. I think this is a better deal than leaving the US pension until I'm 70 and, until I draw my uk pension again I won't be subject to the WEP I have been drawing a pension from the UK since I was 60yrs old. I am now eligible for SS from the US (Where I worked for 25 yrs) I have just applied and have been told that I will lose 50%. Unfortunatly I can’t draw on my ex husbands SS because my contributions are just over 50% of his. I have just found out that I can defer my UK pension and add around 10.04% for every year that I do so, or I have the option to take a lump sum any time after 12 months which will earn 2% over the bank rate. I think this is a better deal than leaving the US pension until I’m 70 and, until I draw my uk pension again I won’t be subject to the WEP

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