A new law adds to Social Security's benefit costs at a time the program's funding is already running low. Here's what that means for retirement planning.

According to a news release by U.S. Senator Bill Cassidy, the Social Security Fairness Act ensures that public sector workers and their families in Louisiana will receive their full Social Security benefit.

Over 2 million Social Security beneficiaries had their retirement incomes reduced because of two programs. Here's how the Social Security Fairness Act addresses that.