Biden signs Social Security Fairness Act into law: What to know
- President Joe Biden signed the Social Security Fairness Act into law on January 5, restoring benefits for about 2.8 million public employees who also receive pensions.
- The law will increase monthly benefits by an average of $360 for retirees affected by the Windfall Elimination Provision and $700 for spouses affected by the Government Pension Offset.
- The measure passed with bipartisan support, despite concerns about its $196 billion cost over 10 years, which critics warn could strain Social Security.
- The Social Security Administration is currently working on implementation, and beneficiaries need to ensure their contact information is up to date.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right7Center8Last UpdatedBias Distribution35% Left, 35% Center
Bias Distribution
- 35% of the sources lean Left, 35% of the sources are Center
35% Center
L 35%
C 35%
R 30%
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