Wep For 2024 Is 587. If a person becomes eligible for social security benefits in 2024, and they have 20 or fewer years of covered earnings, the windfall elimination provision changes the formula. You put in a few pieces of information, and receive an accurate estimate of your ss benefits after the wep reduction is factored in.
» the windfall elimination provision (wep) reduction applies to pera retirees who receive a social security earned benefit from other employment. Windfall elimination provision (wep) this provision affects your own social security benefits if you receive a pension from work not covered by social security(5).