Will Wep Be Repealed In 2024. We estimate wep/gpo repeal would lead to an additional $25,000 of lifetime benefit cuts for a. House lawmakers have the signatures they need to prompt a vote on a bill that would eliminate rules limiting social security income for pensioners.

The report explained that “in 2024, the wep reduces the share of the first $1,174 of average indexed monthly covered earnings that social security benefits replace, from 90% to as low as 40%. Congress “there is no doubt that congress has taken too long to address this inequity, but i am grateful to the diligent bipartisan work of my.