After decades of advocacy, public sector workers celebrate the repeal of laws that cut their Social Security benefits, thanks to the newly signed Social Security Fairness Act.
President Joe Biden on Sunday plans to sign into law a measure that boosts Social Security payments for current and former public employees, affecting nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs.
According to the Congressional Research Service, most state and local government workers (and all federal workers hired in 1984 or later) are in jobs covered by Social Security. Pensioners who worked in covered employment in their government jobs will not ...
In a report published in November, the Congressional Research Service estimated that, as of December 2023, 745,679 Social Security beneficiaries—about 1 percent of all beneficiaries—had their benefits reduced by the GPO. As of the same month ...
President Joe Biden signed the Social Security Fairness Act into law, repealing old provisions that reduced the amount of Social Security retirement benefits for public sector workers who receive pensions.
While the WEP reduces benefits for retired or disabled pension workers who have fewer than 30 years of significant earnings from employment covered by Social Security, the GPO targets the spouses of pension workers. The Congressional Research Service (CRS ...
The Social Security Fairness Act eliminates a pair of decades-old provisions that limit payments to public sector retirees.
The new law is expected to hasten Social Security’s insolvency date by about half a year and reduce lifetime benefits by $25,000 for many couples
President Biden on Sunday signed into law a measure that boosts Social Security payments for current and former public employees, affecting nearly 3 million people who receive pensions from their time as teachers,
About 400,000 California Social Security recipients should be eligible for new Social Security benefits — retroactive to December 2023 — under legislation signed into law this week by President Joe Biden.