{"id":62646,"date":"2022-09-20T15:46:16","date_gmt":"2022-09-20T20:46:16","guid":{"rendered":"https:\/\/trta.org\/?p=62646"},"modified":"2022-09-20T15:46:16","modified_gmt":"2022-09-20T20:46:16","slug":"ways-and-means-committee-discusses-wep-repeal-bill-moves-bill-without-recommendation","status":"publish","type":"post","link":"https:\/\/trta.org\/es\/ways-and-means-committee-discusses-wep-repeal-bill-moves-bill-without-recommendation\/","title":{"rendered":"Ways and Means Committee Discusses WEP Repeal Bill, Moves Bill Without Recommendation"},"content":{"rendered":"<p><em>El director ejecutivo de la Asociaci\u00f3n de Maestros Jubilados de Texas (TRTA), Tim Lee, estar\u00e1 en vivo en <a href=\"https:\/\/www.facebook.com\/TexasRetiredTeachers\/posts\/5677038055681426?notif_id=1663703281431519&amp;notif_t=live_video_schedule_broadcaster&amp;ref=notif\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"https:\/\/www.facebook.com\/TexasRetiredTeachers\/posts\/5677038055681426?notif_id=1663703281431519&amp;notif_t=live_video_schedule_broadcaster&amp;ref=notif\">Facebook<\/a> y <a href=\"https:\/\/www.youtube.com\/watch?v=7WuygtBAwuU\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"https:\/\/www.youtube.com\/watch?v=7WuygtBAwuU\">YouTube<\/a>tomorrow at 1:30 p.m. Central. He will discuss the events of the congressional meeting!<\/em><\/p>\n<p>The U.S. House Ways and Means Committee met on September 20, 2022 to discuss markup <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/82?q=%7B%22search%22%3A%5B%22HR+82%22%2C%22HR%22%2C%2282%22%5D%7D&amp;s=7&amp;r=1\" data-cke-saved-href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/82?q=%7B%22search%22%3A%5B%22HR+82%22%2C%22HR%22%2C%2282%22%5D%7D&amp;s=7&amp;r=1\">H.R. 82, the Social Security Fairness Act of 2021<\/a>. If passed by Congress, the bill would fully repeal the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).<\/p>\n<p>Ways and Means Committee Chairman Richard Neal (D \u2013 MA) opened the hearing by emphasizing the importance of hard-working public servants\u2019 legitimate concerns while also protecting the solvency of the federal Social Security (SS) program.<\/p>\n<p>The WEP affects over 2 million retired public servants nationally, while 65 million people currently receive SS benefits. \u201cOur duty is to ensure the safeguarding fiscal health of SS for all participants,\u201d said Neal.<\/p>\n<p>Representative Kevin Brady (R \u2013 TX), who has filed legislation during this Congress and in previous sessions to reform the WEP, said, \u201cEach month that we wait, millions of public servants lose money. . . They deserve equal treatment just as others are treated without creating worse treatment for others.\u201d<\/p>\n<p>Brady added that there are two major reasons WEP reform has failed in previous sessions, including that a solution often goes beyond equal treatment and in many cases grants better treatment to those affected by WEP, essentially flipping the unfairness \u201coff the few to the many.\u201d The other reason is the associated cost of repeal.<\/p>\n<p>Several members of the committee expressed concerns about HR 82 reducing the financial health of SS, which currently is projected to run out of funds by 2034. HR 82 has a projected cost of $182 billion, according to Representative Lloyd Doggett (D \u2013 TX), and would speed up the system\u2019s insolvency by at least one year.<\/p>\n<p>Doggett also stated that WEP means a retiree\u2019s SS check can be cut \u201cby as much as 50%.\u201d He agreed, however, that the most practical way to address WEP is using a broader approach to SS reform, referencing Representative John B. Larson\u2019s (D \u2013 CT) <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/5723?q=%7B%22search%22%3A%5B%22Social+Security+2100%22%2C%22Social%22%2C%22Security%22%2C%222100%22%5D%7D&amp;s=1&amp;r=1\" data-cke-saved-href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/5723?q=%7B%22search%22%3A%5B%22Social+Security+2100%22%2C%22Social%22%2C%22Security%22%2C%222100%22%5D%7D&amp;s=1&amp;r=1\">Social Security 2100: A Sacred Trust proposal, also known as HR 5723<\/a>.<\/p>\n<p>Both Chairman Neal and Representative Brady remarked about previous legislation they had worked on to create a bipartisan solution to WEP reform that does not negatively impact the solvency of the SS fund. Neal stated he is still \u201ccommitted to finding a path forward to find meaningful relief\u201d for those affected by WEP.<\/p>\n<p>Both Neal and Brady have filed bills during this congressional session to address the WEP. (Brady\u2019s bill is <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/5834?q=%7B%22search%22%3A%5B%22windfall+elimination+provision%22%2C%22windfall%22%2C%22elimination%22%2C%22provision%22%5D%7D&amp;s=3&amp;r=2\" data-cke-saved-href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/5834?q=%7B%22search%22%3A%5B%22windfall+elimination+provision%22%2C%22windfall%22%2C%22elimination%22%2C%22provision%22%5D%7D&amp;s=3&amp;r=2\">HR 5834<\/a> and Neal\u2019s bill is <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/2337?q=%7B%22search%22%3A%5B%22windfall+elimination+provision%22%2C%22windfall%22%2C%22elimination%22%2C%22provision%22%5D%7D&amp;s=3&amp;r=3\" data-cke-saved-href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/2337?q=%7B%22search%22%3A%5B%22windfall+elimination+provision%22%2C%22windfall%22%2C%22elimination%22%2C%22provision%22%5D%7D&amp;s=3&amp;r=3\">HR 2337<\/a>). Representative Brady said he will work with Neal \u201cto continue to narrow differences\u201d between their bills, adding that \u201cthe clock is ticking.\u201d Brady also stated that it was important to \u201cto marry the good work of HR 82\u201d with the solutions he and Neal have been working on.<\/p>\n<p>Representative Mike Thompson (D \u2013 CA) made a motion to move HR 82 out of committee without recommendation to the US House of Representatives. The motion passed. This action is significant as it represents the first vote on WEP and GPO in recent memory, but it also removes HR 82 from the consent calendar and is now progressing more deliberatively through the congressional rules process.<\/p>\n<p>TRTA will continue working with Representative Brady and Chairman Neal in the coming weeks as they work to finalize an agreement between their respective bills.<\/p>\n<h2 class=\"null\"><strong>Gracias<\/strong><\/h2>\n<p>TRTA supports the full repeal of the WEP and the GPO. We will pursue all actionable solutions on the WEP and GPO, knowing that now is the time for action. We support the process and the work to reach common ground, help future retirees with a fair and proportional formula, provide current retirees with more of their earned Social Security benefits, protect the solvency of the SS trust fund, and help surviving spouses receive a fairer deal on the current GPO reductions. We will exhaust all efforts to win this Congress on these important issues.<\/p>\n<p>Please help us! <a href=\"https:\/\/trta.org\/es\/join\/\" data-cke-saved-href=\"https:\/\/trta.org\/join\">\u00danase a TRTA<\/a> and get in the fight to fix WEP and GPO!<\/p>","protected":false},"excerpt":{"rendered":"<p>The Texas Retired Teachers Association&#8217;s (TRTA) Executive Director Tim Lee will be live on Facebook and YouTubetomorrow at 1:30 p.m. Central. He will discuss the events of the congressional meeting! The U.S. House Ways and Means Committee met on September 20, 2022 to discuss markup H.R. 82, the Social Security Fairness Act of 2021. If [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":46586,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-62646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ways and Means Committee Discusses WEP Repeal Bill, Moves Bill Without Recommendation - Texas Retired Teachers Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trta.org\/es\/ways-and-means-committee-discusses-wep-repeal-bill-moves-bill-without-recommendation\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ways and Means Committee Discusses WEP Repeal Bill, Moves Bill Without Recommendation - Texas Retired Teachers Association\" \/>\n<meta property=\"og:description\" content=\"The Texas Retired Teachers Association&#8217;s (TRTA) Executive Director Tim Lee will be live on Facebook and YouTubetomorrow at 1:30 p.m. Central. 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