I know this is a lot to follow, so if you want to take a shortcut in figuring out how the impact of the WEP, you may want to use my free calculator. The WEP modifies this formula for employees who are eligible for a government (TRS) pension by multiplying the first $816 of the AME by a smaller percentage that is based on the number of years the person paid Social Security taxes on substantial earnings (a designated amount adjusted yearly to reflect economic trends). Texas school districts aren't required to collect Social Security taxes from their teacher's salaries. I make 200 too much to get Medicaid, thanks Ga. for destroying my retirement! so really what I have in SERS pension will be subtracted from social security…. Had I known SS rules l would have started collecting at 62 years of age even if it would be stripped from me once l started getting my trs pension 3 years later. Does the GPO change if the surviving spouse (teacher) also earned 40 social security quarters in another job aside from the teacher job? All Texas school districts were given the option years ago to quit paying into Social Security and pay into the Texas Teacher Retirement System (TRS); nearly all districts took that option. Here’s a look at how each rule would impact your benefit. Those are nearly indecipherable. How will my spousal or widow/er Social Security benefit be affected by my eligibility for TRS benefits? If they worked in Arkansas (where teachers do participate in Social Security) for at least 10 years and then taught in Texas (where teachers don’t participate in Social Security), they would qualify for both Social Security and the Teacher Retirement System of Texas. You can get a good idea today by understanding the key differences between the two rules which may reduce your benefit amount: From a very high level, you should understand that the WEP rule only applies to individuals who are eligible for a Social Security benefit based on their own work history and have a pension from work where they did not pay Social Security tax. There is that. Those affected by the GPO, such as Texas educators, have their spousal benefits reduced by two-thirds of their pension, instead of 100 percent of their personal Social Security benefit. This work day was suppose to fill a “loop hole” in the Texas and SS law at the time to allow me to collect SS benefits. That’s $8,400 a extra money per year. I hope that a website with ‘intelligence’ in its name will correct the information concerning Texas. Way to confusing for me. I worked 25 years in education in the state of Missouri. You will receive a Social Security benefit, but if you have taught (or intend to teach) for five or more years in a non-Social Security district, you’ll likely be affected by the WEP. The CPRS is a nonprofit organization spearheading a grassroots effort to convince Congress to repeal the GPO and WEP. The decision lies with the employers who pay them, and in some cases by a vote among the workers … If he had been a pharmacist instead of working in education, he would have been eligible to receive the full $2,200 per month. As an example, let’s say Michael worked for 30 years as a teacher in California (one of the 15 states where schoolteachers are not covered by Social Security) and his wife was an accountant. Other education agencies and institutions that participate in Social Security and the Teacher Retirement System (TRS) Region Service Centers: 20 (San Antonio) 17 (Lubbock) 15 (San Angelo) 12 (Waco) 2 (Corpus Christi) Dallas County Schools (bus provider) Harris County Department of Education; Many Texas … It would be easy to write a multipage essay on the WEP, but the necessary components can be distilled to a few simple points: Image Source: Devin Carroll, Data: Social Security Administration. You should be able to receive a benefit. This phase-out of the WEP reduction offers a great planning opportunity if you have worked at a job where you paid Social Security tax. What’s the motivation for brings years of life skills into the classroom? ATPE's support of the ETPSA is part of our overall goal of maximizing employee benefits and should not be misconstrued as an alternative to full repeal. To year based on the total amounts of their Social Security benefits, contact your Social. 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