President Joe Biden signed into law the Social Security Fairness Act. That means nearly 3 million public-sector workers with government pensions will receive larger Social Security benefits, with the average increase estimated at $360 per month.
President Joe Biden signed the Social Security Fairness Act into law Sunday, marking what is expected to be one of the last major pieces of legislation of his presidency.
U.S. President Joe Biden signed the Social Security Fairness Act into law on Jan. 5., increasing the ability of retired public service workers who receive pensions to access Social Security benefits.
Teachers, firefighters, police and others who earn a separate pension for government work will now get their full Social Security benefits.
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses and survivors. The outgoing president said more than 2.5 million Americans will receive a lump sum payment worth "thousands of dollars" to compensate for the benefits they should have received last year.
The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also received pension income.
President Joe Biden has signed into law a measure that boosts Social Security payments for current and former public employees.
President Joe Biden signed a measure into law on Sunday that boosts Social Security retirement payments to some retirees who draw public pensions, such as former police officers and firefighters, in what the White House described as the first expansion of such benefits in 20 years.
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
President Joe Biden signed one of his final pieces of legislation on Sunday, expanding Social Security benefits for millions of retired government workers initially denied these funds.
President Joe Biden signed a measure into law on Sunday that boosts Social Security retirement payments to some retirees who draw public pensions, such as former police officers and firefighters, in what the White House described as the first expansion of such benefits in 20 years.
President Joe Biden signed a bill Sunday to raise Social Security benefits for millions of current and former public employees, potentially affecting millions of Americans.