FMA SUPPORTS CRUZ WEP REFORM BILL INTRODUCED IN SENATE - March 17, 2020
In early March 2020, Senator Ted Cruz (R-TX) introduced the Equal Treatment of Public Servants Act of 2020 (S. 3401), legislation that would replace the current formula for calculating the windfall elimination provision (WEP). The bill is companion legislation to H.R. 3934, introduced in the House of Representatives by Representative Kevin Brady (R-TX) in July 2019. FMA has endorsed both bills, which would create a new formula for WEP, calculating benefits by taking into account the actual wage and work history of public sector employees.
FMA supports full repeal of both the WEP and the Government Pension Offset (GPO). While full repeal appears unlikely, FMA also supports partial remedies, such as those provided by S. 3401 and H.R. 3934. We are grateful to Senator Cruz for reintroducing this legislation in the 116th Congress.
For more information about the bill, please click here.