US SB490 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 26 2009 - 25% progression, died in chamber
Action: 2009-02-26 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Summary

Public Servant Retirement Protection Act of 2009 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act (SSA) to repeal the current windfall elimination provision (WEP) (that reduces the Social Security benefits of workers who also have pension benefits from employment not covered by Social Security) for individuals first performing non-covered service beginning one year after enactment of this Act. Establishes a new formula for the treatment of non-covered earnings in determining Social Security benefits. Applies such formula to individuals subject to the current WEP if the benefit under the new formula would be higher.

Tracking Information

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Title

Public Servant Retirement Protection Act of 2009

Sponsors


History

DateChamberAction
2009-02-26 Read twice and referred to the Committee on Finance.

Same As/Similar To

HB1221 (Same As) 2009-02-26 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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