Wep 2024

Wep 2024. The report explained that “in 2024, the wep reduces the share of the first $1,174 of average indexed monthly covered earnings that social security benefits replace, from 90% to as low as 40%. The wep and gpo are two provisions of the social security law affecting social security benefits for some csrs retirees.

The report explained that “in 2024, the wep reduces the share of the first $1,174 of average indexed monthly covered earnings that social security benefits replace, from 90% to. (refer to the chart below.) your full retirement age is 67.