Bill 118 HRES 1410, also known as the Providing for the consideration of the bill (H.R. 82), aims to amend title II of the Social Security Act by repealing the Government pension offset and windfall elimination provisions.
The Government pension offset provision currently reduces Social Security benefits for individuals who receive a government pension based on work not covered by Social Security. This provision often affects teachers, firefighters, and police officers who may have worked in both government and non-government jobs throughout their careers.
The windfall elimination provision reduces Social Security benefits for individuals who receive a pension from work not covered by Social Security. This provision primarily impacts individuals who have worked in jobs where they did not pay into Social Security, such as certain state and local government employees.
By repealing these provisions, H.R. 82 aims to provide more equitable Social Security benefits for individuals who have worked in both government and non-government jobs. This bill is currently being considered in Congress, and if passed, it could have a significant impact on the retirement benefits of many Americans.