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Social Security introduced the Windfall Elimination Provision in 1986. The law was part of the 1983 Amendments, Public Law 98-21. Under this law, Social Security uses a different formula to figure the amount of your check. This law reduces the amount of Social Security benefits for retired and disabled people who get both a Social Security check and a non-covered pension based on their own work. If you have read our Guide ” How Social Security Figures Your Check Amount” this seven page guide will show you exactly where in the benefit formula the the change occurs that reduces your benefit amount.
Description
Social Security introduced the Windfall Elimination Provision in 1986. The law was part of the 1983 Amendments, Public Law 98-21. Under this law, Social Security uses a different formula to figure the amount of your check. This law reduces the amount of Social Security benefits for retired and disabled people who get both a Social Security check and a non-covered pension based on their own work. If you have read our Guide ” How Social Security Figures Your Check Amount” this seven page guide will show you exactly where in the benefit formula the the change occurs that reduces your benefit amount.
