Legis Daily

Equal Treatment of Public Servants Act of 2020

USA116th CongressS-3401| Senate 
| Updated: 3/5/2020
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (2)
Bill Cassidy (Republican)John Cornyn (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Equal Treatment of Public Servants Act of 2020 This bill phases in a new funding formula for determining benefit amounts under the windfall elimination provision (WEP). (The WEP reduces Old-Age, Survivors, and Disability Insurance benefits for those who receive pensions for certain non-covered employment.) The new formula adjusts an individual's total lifetime earnings based on the proportion of those earnings subject to Social Security payroll taxes. It applies to individuals who (1) become eligible for old-age or disability benefits after 2060, and (2) have earnings from non-covered service performed in a year after 1977. Beneficiaries who become eligible for benefits between 2022 and 2060 receive the higher of their benefit calculated under the existing WEP or the new formula. In addition, certain beneficiaries currently impacted by the WEP receive an additional payment. The Social Security Administration must include non-covered earnings in Social Security account statements and must study the feasibility of partnering with certain pension systems to address data sharing issues related to non-covered pensions.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 24, 2019

Latest Companion Bill Action

HR 116-3934
Introduced in House
Mar 5, 2020
Introduced in Senate
Mar 5, 2020
Read twice and referred to the Committee on Finance.
  • July 24, 2019

    Latest Companion Bill Action

    HR 116-3934
    Introduced in House


  • March 5, 2020
    Introduced in Senate


  • March 5, 2020
    Read twice and referred to the Committee on Finance.

Social Welfare

Related Bills

  • HR 116-3934: Equal Treatment of Public Servants Act of 2019
Administrative law and regulatory proceduresCongressional oversightEmployee benefits and pensionsGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment studies and investigationsIntergovernmental relationsSocial Security AdministrationSocial security and elderly assistanceState and local government operationsWages and earnings

Equal Treatment of Public Servants Act of 2020

USA116th CongressS-3401| Senate 
| Updated: 3/5/2020
Equal Treatment of Public Servants Act of 2020 This bill phases in a new funding formula for determining benefit amounts under the windfall elimination provision (WEP). (The WEP reduces Old-Age, Survivors, and Disability Insurance benefits for those who receive pensions for certain non-covered employment.) The new formula adjusts an individual's total lifetime earnings based on the proportion of those earnings subject to Social Security payroll taxes. It applies to individuals who (1) become eligible for old-age or disability benefits after 2060, and (2) have earnings from non-covered service performed in a year after 1977. Beneficiaries who become eligible for benefits between 2022 and 2060 receive the higher of their benefit calculated under the existing WEP or the new formula. In addition, certain beneficiaries currently impacted by the WEP receive an additional payment. The Social Security Administration must include non-covered earnings in Social Security account statements and must study the feasibility of partnering with certain pension systems to address data sharing issues related to non-covered pensions.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 24, 2019

Latest Companion Bill Action

HR 116-3934
Introduced in House
Mar 5, 2020
Introduced in Senate
Mar 5, 2020
Read twice and referred to the Committee on Finance.
  • July 24, 2019

    Latest Companion Bill Action

    HR 116-3934
    Introduced in House


  • March 5, 2020
    Introduced in Senate


  • March 5, 2020
    Read twice and referred to the Committee on Finance.
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (2)
Bill Cassidy (Republican)John Cornyn (Republican)

Finance Committee

Social Welfare

Related Bills

  • HR 116-3934: Equal Treatment of Public Servants Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresCongressional oversightEmployee benefits and pensionsGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment studies and investigationsIntergovernmental relationsSocial Security AdministrationSocial security and elderly assistanceState and local government operationsWages and earnings