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The Social Security Fairness Act (SSFA), which was recently signed into law by former president Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from...
Paternostro estimates she would have received $2,500 a month in Social Security benefits — about $300,000 over the last decade. ... and Social Security issues correct payments in most cases," a ...
The legislation would eliminate a provision that cuts Social Security payments to some retirees who also collect a pension from jobs not covered by the retirement program.
The Social Security Fairness Act is a United States law that repealed the Social Security Government Pension Offset and Windfall Elimination Provision. [1] The bill passed the House in November 2024 and then passed the Senate in December. [ 2 ]
After receiving approval from the U.S. Senate in the early morning hours of Dec. 21, the Social Security Fairness Act is set to be presented to the president and signed into law. The bill is ...
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
Once signed into law, the legislation's effective date involves Social Security payments for months after December 2023, according to the text of the bill. Still, calculating what folks are due ...
Since 1983, one of those rules—the Windfall Elimination Provision (WEP)—has curtailed Social Security payments to retirees who worked in the public sector and received a pension.