What is the difference between the two pension rules, WEP and GPO, and how do they affect the benefits I am receiving?Published: July 26, 2021
Full question: How can I claim the difference of spousal payment due to WEP? At my full age I filed for Social Security, but due to a foreign pension they reduced my benefit amount, that is under 1/2 my spouse’s PIA. They should add diff of spousal benefit, but they say by GPO no spousal benefit there.
The WEP rule will affect your own retirement benefit amount if you are receiving a pension from an employer in the U.S. or another country.
The GPO rule affects dependent benefits, such as those for spouses and survivors, if you are receiving a pension from an employer in the U.S. If you are receiving a foreign pension, your spouse and survivor benefits will most likely not be affected.
For a thorough and detailed personal analysis, ensuring you make the optimal Social Security decisions, schedule a free consultation with an RSSA.