Dear Colleagues,
Yesterday, the Social Security Administration released a statement announcing it is immediately beginning to pay retroactive benefits and will increase monthly benefit payments to people whose benefits have been affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
According to the statement, most people impacted by the penalties will receive their one-time retroactive payment by the end of March, which will be deposited into their bank account on record with Social Security. Higher monthly benefits will first be reflected in the benefit payment they receive in April.
In Solidarity,
Jim