Chartered Retirement Planning Counselor (CRPC) Practice Exam

The primary goal of the windfall elimination provision is to adjust benefits due to government pensions. This provision affects how Social Security benefits are calculated for individuals who receive a pension from a job not covered by Social Security, such as many government roles. The adjustment is designed to ensure that the benefit levels reflect the contributions made to the Social Security system, thus preventing individuals from receiving disproportionately high benefits due to their combined pension and Social Security entitlements.

This mechanism aligns with the principle of equitable treatment in the Social Security system, aiming to ensure that the benefits received correlate more closely with the actual earnings and contributions made during a person's working life.