Take action now to avoid income shock at retirement
End the Social Security penalties WEP and GPO
Districts are supposed to tell new hires about the impact “WEP and GPO” will have on their Social Security—but often they don’t, says Dennis Cox, president of the CFT Council of Retired Members. That means teachers who are counting on a certain amount of income for their retirement get a shock when they find out they won’t be getting it. This happened to Cox.
“I found out I wasn’t going to get my full Social Security benefits and Medicare would be taken out of that,” he said. “I got clobbered, and there’s many people in a worse situation than I am.”
Sign now to repeal WEP and GPO!
Stop penalizing teachers and public employees
Everyone deserves a secure retirement, especially those who devoted their career to public service. The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) threatens that by substantially reducing or eliminating the earned Social Security benefits of the millions of retired teachers and public employees who contributed to Social Security through other employment.
Retirees gearing up for national midterm elections
Voices of experience hope to educate younger Americans, reverse Social Security penalties
Political season is in full swing and, with days to go until California’s June 7 primary, CFT retirees are already looking ahead to the November 8 General Election.
“I can’t tell you how many people have told me they are mad as hell and ‘ready to do something’ because of the leaked Supreme Court ruling on abortion rights,” said Mike Nye at-large representative on the CFT Council of Retired Members.
What are the WEP and GPO and how will they affect your pension?
Now is the time to make our case to Congress
Retired Berkeley Unified teacher Bonnie Cediel taught for 16 years. She was married for 34, but her partial CalSTRS pension precludes her from receiving any Social Security spousal benefits. The Government Pension Offset, (GPO) passed in 1977, is the reason.
Retirees prepare to stand firm in a hostile new world
Social Security and Medicare targeted by majority party
Candidate Donald Trump told the American people he didn’t want to cut Social Security, but Republicans have opposed the system since its creation during the Depression.
Speaker of the House Paul Ryan has talked about “means testing” Social Security. In other words, wealthy seniors wouldn’t get benefits because they don’t need them. But they wouldn’t pay into the system, either, and losing the top 10 percent of contributors could lead to financial havoc.