Retirees

What is the WEP and the GPO?

Windfall Elimination Provision (WEP)

The Windfall Elimination Provision or WEP applies to a benefit you earned because of private sector employment. A modified benefit formula is used to calculate your Social Security benefit amount if you receive an MPERS pension, resulting in a lower Social Security benefit. Its purpose is to remove an unintended advantage or “windfall” that you might otherwise receive as a result of the interaction between the regular Social Security benefit formula and a relatively short career in Social Security-covered employment.

Why did my monthly benefit amount change?

Benefits change when the federal tax tables are adjusted.  If you have a change in your municipality deduction, please contact the city for specifics.

 

When do I receive my retirement benefit?

Benefits are payable on the first business day of each month.  MPERS prepays for the month.  If the first falls on a weekend or holiday, benefits are paid on the first business day.