Summary Measures and Graphs
Description of Proposed Provision:
B7.14: Eliminate completely the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), effective 2024.
Estimates based on the intermediate assumptions
of the 2023 Trustees Report
Summary Measures | |||||||
---|---|---|---|---|---|---|---|
Current law [percent of payroll] |
Change from current law [percent of payroll] |
Shortfall eliminated | |||||
Long-range actuarial balance |
Annual balance in 75th year |
Long-range actuarial balance |
Annual balance in 75th year |
Long-range actuarial balance |
Annual balance in 75th year |
||
-3.61 | -4.35 | -0.13 | -0.12 | -3% | -3% |