US HB3934 | 2019-2020 | 116th Congress
Status
Spectrum: Strong Partisan Bill (Republican 45-4)
Status: Introduced on July 24 2019 - 25% progression, died in committee
Action: 2019-07-24 - Referred to the Subcommittee on Social Security.
Pending: House Subcommittee on Social Security Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 24 2019 - 25% progression, died in committee
Action: 2019-07-24 - Referred to the Subcommittee on Social Security.
Pending: House Subcommittee on Social Security Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Equal Treatment of Public Servants Act of 2019
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-07-24 | House | Referred to the Subcommittee on Social Security. |
2019-07-24 | House | Referred to the House Committee on Ways and Means. |
2019-07-24 | House | Introduced in House |
Same As/Similar To
SB3401 (Related) 2020-03-05 - Read twice and referred to the Committee on Finance.
Subjects
Administrative law and regulatory procedures
Congressional oversight
Employee benefits and pensions
Government employee pay, benefits, personnel management
Government information and archives
Government studies and investigations
Intergovernmental relations
Social Security Administration
Social security and elderly assistance
Social welfare
State and local government operations
Wages and earnings
Congressional oversight
Employee benefits and pensions
Government employee pay, benefits, personnel management
Government information and archives
Government studies and investigations
Intergovernmental relations
Social Security Administration
Social security and elderly assistance
Social welfare
State and local government operations
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/3934/all-info |
Text | https://www.congress.gov/116/bills/hr3934/BILLS-116hr3934ih.pdf |