Social Security Fairness Act Quiz

What is the main purpose of the Social Security Fairness Act?

• To increase taxes for public servants

• To reduce Social Security benefits for all

• To eliminate unfair reductions in Social Security benefits

• To introduce new pension plans

Which two policies are eliminated by the Social Security Fairness Act?

• WEP and GPO

• FICA and GPO

• WEP and FICA

• GPO and CSRS

Who is primarily affected by the Windfall Elimination Provision (WEP)?

• Private sector employees

• Only federal employees

• Public servants with pensions from non-Social Security jobs

• All retirees

What is the significance of the changes being retroactive to January 2020?

• Beneficiaries will receive future increases only

• Beneficiaries will receive back pay for missed increases

• The changes will only apply to new retirees

• The changes will not affect current retirees

What action have lawmakers taken to ensure the SSA implements the changes quickly?

• They reduced SSA funding

• They sent a letter urging swift action

• They have done nothing

• They proposed a new bill

What is the role of the SSA in implementing the changes from the Fairness Act?

• To create new pension plans

• To reduce benefits for all

• To update systems and processes to reflect new rules

• To ignore the changes

What should individuals do to prepare for the changes in their Social Security benefits?

• Ignore any updates from SSA

• Update their contact information and set up an SSA account

• Apply for a new pension plan

• Cancel their current Social Security benefits

What is a key step individuals should take to ensure they receive updated benefits?

• Apply for benefits again

• Contact their local government office

• Ignore SSA communications

• Ensure their SSA account information is current

How will the repeal of the GPO affect spousal benefits?

• Spousal benefits will remain unchanged

• Spousal benefits will be reduced further

• Spousal benefits will no longer be reduced if higher than personal benefits

• Spousal benefits will be eliminated

What is the potential impact of the Fairness Act on survivor benefits?

• Survivor benefits will remain the same

• Survivor benefits will be reduced

• Survivor benefits will be eliminated

• Survivor benefits will be increased if higher than personal benefits