Due to the GPO and WEP, the Social Security Administration may lower the benefits of some elderly pensioners.
The United States Social Security COLA will continue to rise. By 2022, it had already risen by 6%, and it doesn't seem like inflation will slow down anytime soon.
It makes sense that many people are concerned about their Social Security payment in light of all this price volatility.
The GPO and WEP, which have a direct influence, may cause this benefit to be reduced for some persons in the upcoming months.
You should be aware that Social Security may lower your final pension if you are a CSRS employee.
This occurs as a result of the fact that you do not pay the same amount of taxes as other US citizens.
You can receive the retirement benefit if your partner is eligible for it. However, you should be mindful that your pay will lower it.
Although not all of these CSRS employees are in this predicament, you should be aware that many of them are.
Therefore, it is good for you to be fully informed so that you can subsequently decide what steps to take to amend any inaccurate information provided by Social Security.