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Will Both Of My Canadian Pensions Be Used In The WEP Calculation?
I worked in Canada before becoming a US citizen. My CPP benefits will result in a WEP deduction to my Social Security benefits. However, I also have a small pension for work I did for the British Columbia government while in Canada. The BC Public Service Pension Plan is a defined benefit pension plan to which both my employer and I contributed ...and both my employer and I also contributed to CPP during this period. Will both my BC pension AND my CPP pension benefits be used in the WEP calculation? (WEP publication only refers to CPP/QPP). Thank you.
Hi,
I'm not familiar with the BC Public Service Pension Plan, but from your description it sounds like it meets the definition of a non-covered pension for purposes of the Windfall Elimination Provision (https://www.ssa.gov/pubs/EN-05-10045.pdf). Therefore, I would say the answer to your question is yes.
Best, Jerry
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February 13, 2018