Bipartisan Bill Aims to Repeal WEP and GPO

The Social Security cost-of-living adjustment (COLA) for 2025 is estimated to be 2.5%, signaling cooling inflation but marking the smallest increase in three years. This will be officially announced by the Social Security Administration on October 10, based on third-quarter inflation data. Meanwhile, a bipartisan effort in Congress has gathered enough signatures to force a vote on the Social Security Fairness Act, which aims to repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions currently reduce benefits for certain retirees, including public employees like teachers and firefighters. The bill's supporters argue these cuts are unjust and have negatively impacted around 3 million Americans. If passed, the legislation could significantly increase benefits for those affected by WEP and GPO.