Millions May Not Receive Boost For Over A Year

Social Security Payments: Millions May Not Receive Boost For Over A Year
Millions of Social Security recipients impacted by the Social Security Fairness Act could have to wait up to a year for their benefits to increase, the Social Security Administration (SSA) has said. In January,
Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
Fact checked by Vikki Velasquez In January 2025, former President Joe Biden signed the Social Security Fairness Act into law. The new legislation terminated two rules that reduced Social Security benefits for millions of retirees.
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments, agency says
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
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.
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.
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
(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.
Over 3 million on Social Security may wait more than a year for higher payments
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,
Social Security boost may not come for 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 Executive22d
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 ...
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 ...
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.
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 ...