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BumRushDaShow

(166,110 posts)
Tue Feb 25, 2025, 06:14 PM Feb 2025

Social Security says higher payments are on the way for millions of former public workers [View all]

Source: AP

Updated 5:36 PM EST, February 25, 2025


WASHINGTON (AP) — More than 3.2 million Social Security recipients who received pensions from their time as teachers, firefighters, police officers and other public service jobs will soon see a boost in their benefits. Most people will receive their one-time retroactive payment by the end of March, and new monthly payments will begin in April, the agency says.

The Social Security Administration announced it would immediately begin processing retroactive payments and will send increased monthly payments to people affected by the Windfall Elimination Provision and Government Pension Offset, which were rescinded in the bipartisan Social Security Fairness Act that former President Joe Biden signed into law last year.

The Windfall Elimination Provision and the Government Pension Offset limited Social Security benefits for recipients if they got retirement payments from other sources, including public retirement programs from a state or local government.

Advocates say the Social Security Fairness Act rights a decades-old disparity, though it also puts a strain on Social Security Trust Funds, which face a looming insolvency crisis.

Read more: https://apnews.com/article/social-security-trump-biden-benefits-b762f348a9464eb6d31a7625d08c522d

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