Updated 12/04/2012 12:03 PM   |   ID# 1354

WEP eliminating a monthly Social Security benefit

Can the Windfall Elimination Provision (WEP) fully eliminate my monthly Social Security benefit?


While benefits are lower when using the modified WEP formula, they are never totally eliminated. The maximum reduction under the WEP formula for 2012 is normally $383.50 per month.

However, under a special rule the reduction can be less. This special rule limits the reduction under the WEP to no more than one-half of the amount of the pension from employment that is not covered by Social Security. For example, if the person's pension is $500 per month, the WEP reduction could not exceed $250.

Windfall Elimination Provision (WEP) page

Online Calculator (WEP Version)

Give us some feedback.

Did this answer your question?
 
Please tell us why this did not answer your question, and how we can make it more useful. Please do not include your Social Security Number or any other personal information since we only collect your responses to help us improve our answers.

Sorry, we cannot respond to your feedback.


Didn't find what you were looking for?