Members of the U.S. House Ways and Means Committee have unanimously advanced the Social Security Fairness Act of 2021 to a vote by the full House. Already, 300 House members have signaled support of the bill, which would repeal two Social Security Act provisions that have long penalized many public servants. The first is the windfall elimination provision, which reduces retired or disabled workers’ Social Security benefits if they receive a pension and have less than 30 years of Social Security-covered employment. The second is the government pension offset, which reduces benefits to surviving spouses with pensions. Potential budget ramifications of the bill remain unclear. Call or visit our website for more information! www.mjscpa.com/
