Social Security Fairness Act: More Money and Back Payments for Qualifying Recipients
- The Social Security Administration will provide full benefits to individuals affected by pension-related reductions, as stated in their announcement.
- Retroactive payments will cover benefits lost since January 1, when the Social Security Fairness Act took effect, according to the administration.
- Senator Susan Collins said that this act will increase benefits for around 3.2 million Americans overall.
- Collins described the announcement as 'welcome news' for beneficiaries and urged the SSA to implement the law swiftly.
31 Articles
31 Articles
Social Security announces expedited retroactive payments and higher monthly benefits for millions
As a part of the Social Security Fairness Act, the Social Security Administration announced it will expedite retroactive payments and higher monthly benefits for millions.
3.2 million people get boosted Social Security: Who qualifies for retroactive payments?
(NEXSTAR) – A law signed by former President Joe Biden in January is starting to show its impact, as millions of people begin to receive bigger Social Security payments plus back pay. The change comes after the bipartisan Social Security Fairness Act was passed and signed into law in the final weeks of Biden's term as president. The law rescinds measures that limited Social Security benefits for recipients if they got retirement payments from ot…
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