Legislative Update for Week Ending July 8, 2016

Legislative Update for Week Ending July 8, 2016

This week, lawmakers returned to Capitol Hill following a week-long holiday recess, and four Members of Congress signed on as cosponsors to key legislation that would make the Social Security program more equitable for public employees.

Key Social Security Bill Gains Support

This week, four new cosponsors signed on to the bipartisan Equal Treatment of Public Servants Act (H.R. 711), bringing the total up to 114. The new cosponsors are Reps. Don Young (AK-1), Carlos Curbelo (FL-26), Brenda Lawrence (MI-14), and Erik Paulsen (MN-3).

If signed into law, H.R. 711 would repeal the Windfall Elimination Provision (WEP) – a provision of the Social Security Act that unfairly reduces the earned benefits of millions of public employees by as much as one-half each year. H.R. 711 would establish a new formula for the non-covered earnings of teachers, police officers, and other public servants, and it would modify the WEP for current retirees who are affected by it.

In a letter of support to Rep. Kevin Brady (TX-8) – the sponsor of H.R. 711 – TSCL’s Chairman Ed Cates wrote: “According to a recent study completed by TSCL, Social Security beneficiaries have lost over 20 percent of their purchasing power since 2000. Those who are subject to the WEP have undoubtedly fallen even further behind. It is now more important than ever for Congress to address the inequities that have been created by the WEP, and TSCL believes the Equal Treatment of Public Servants Act is a fair and responsible solution.”

TSCL was pleased to see four new cosponsors sign on to H.R. 711 this week, and in the months ahead, we will continue to advocate for its passage so that public servants receive the retirement security they have earned and deserve. For updates on the progress of H.R. 711, follow TSCL on Twitter, or visit the Legislation News section of our website.

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