Federal Managers Association
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- Groups Hope for at Least Partial Relief from Offsets - January 10, 2020
FEDweek
Several federal employee organizations have said that an opportunity may be at hand to gain relief from two Social Security-related offsets affecting many federal retirees, although that relief may come as less than a full repeal.The two provisions are called the government pension offset and the windfall elimination provision, both of which commonly affect those who are retired, or will retire, under the CSRS program which does not include Social Security. The former offset commonly reduces any personal Social Security benefit earned through other employment while the latter reduces and often eliminates a spousal or survivor Social Security benefit. While CSRS now makes up only about 5 percent of the active workforce, two-thirds of federal retirees went out under that system and about two-fifths of new retirees are under CSRS.To read the full article click here.