President Joe Biden signed a bill Sunday that will raise Social Security benefits for millions of current and former public ...
President Joe Biden on Sunday signed into law a measure that boosts Social Security payments for current and former public ...
The Social Security Fairness Act repeals WEP and GPO, two provisions that reduce or eliminate Social Security benefits for certain federal annuitants.
The Social Security Fairness Act eliminates a pair of decades-old provisions that limit payments to public sector retirees.
The change benefits public-sector workers such as teachers, police officers and firefighters. As of November 2024, more than 2 million Americans had their Social Security benefits reduced by the WEP.
Opponents of the legislation say the move, without any new inlays, will actively speed up the Social Security fund's 2033 projected insolvency date.
For decades, Americans have seen lower Social Security checks if they fall into the circumstances under the WEP and GPO.
President Biden on Sunday signed a Social Security bill repealing two statutes that have diminished payouts to public sector ...
The Social Security Fairness Act is retroactive to benefits paid in 2024.