Beneficiaries under Social Security Fairness Act could be waiting ‘more than one year’ for adjusted payments, SSA says
The Social Security Administration, in an update to its website on Friday, said the department does not currently have the funding to execute the adjustments “in a timely manner and without negatively affecting day-to-day customer service.
What you need to know about the Social Security Fairness Act
On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, including firefighters, police officers and teachers. This law eliminates two controversial provisions – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — providing fairer Social Security benefits to millions.
Opinion
Opinion: Social Security Fairness Act will be tricky to implement
The Social Security Fairness Act was signed into law on Jan. 5 of this year. Nationwide, about 3 million public-sector retirees will receive substantially higher Social Security benefits due to the law’s repeal of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
Social Security Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
How the Social Security Fairness Act could affect you
Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new Social Security Fairness Act.
(Many) retired teachers are getting a raise thanks to the Social Security Fairness Act
Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will receive a higher benefit once the new rules go into effect.
Social Security boost may take more than a year for many Americans
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
Are you a public employee? Here's what to know about getting that Social Security boost
Hundreds of thousands of public employees − including at CSU and Poudre School District − stand to get a Social Security boost from a federal change.
Government Executive21d
Biden signs windfall elimination provision repeal into law
The Social Security Fairness Act ends both the WEP and the government pension offset, increasing the Social Security checks ...
What you need to know about Social Security changes
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner.
Liz Weston: Government pension offset changes to Social Security are coming, but will take time
Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision ...
I’m a Finance Expert: Here’s What Social Security Reform Should Look Like
President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and ...