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Social Security payments going up for some after Biden signs measure into law

WASHINGTON (AP) — President Joe 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, firefighters, police officers and in other public service jobs. Advocates say the Social Security Fairness Act rights a decades-old disparity, though it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis. The bill rescinds two provisions — the Windfall Elimination Provision and the Government Pension Offset —...

Biden signs Social Security changes into law, millions will see a bump in monthly benefits

Millions of Americans will see a bump in the social security payments after President Joe Biden signed the Social Security Fairness Act into law on Sunday. Biden, joined at the White House by advocates and lawmakers, said the new law rights a long-standing disparity between the benefits seen by most social security recipients and those received by public sector employees like teachers, firefighters, and police officers. “The bill I’m signing today is about a simple proposition. Americans who have worked hard all of their lives to earn an honest living...

Biden signs Social Security bill into law, putting further strain on fund

President Joe Biden on Sunday signed the Social Security Fairness Act into law, putting additional strain on the program’s finances. The law itself will repeal 1983’s Windfall Elimination Provision and eliminate the Government Pension Offset, both of which reduced Social Security benefits for certain beneficiaries including some government retirees.

Public employees soon to receive full Social Security benefits after Biden signs bill

WASHINGTON – Thousands of Louisiana public servants and millions around the country will start getting their full Social Security benefits now that President Joe Biden signed into law Sunday the repeal of two provisions that had reduced the amounts many could receive in retirement. In the East Room of the White House, Biden approved the “Social Security Fairness Act” ending the Windfall Elimination Program, called WEP, and the Government Pension Offset, known as GPO, that reduced Social Security benefits to many teachers, police, firefighters and other public servants whose state...

Social Security Fairness Act To Be Signed On Monday, January 6

The Social Security Fairness Act ( HR 82) will be signed on Monday, January 6. This is according to a Newsweek article that includes sources, such as the National Fraternal Order of Police, the International Association of Firefighters, as well as Senator Bill Cassidy, who was a major cosponsor of the legislation. Senator Sherrod Brown was also a major cosponsor in the Senate as well as Abigail Spanberger in the House. This legislation deletes two provisions in the Social Security Act, which are called the Windfall Elimination Provision and the...