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Social Security Fairness Act: Over $7.5B in Retroactive Payments Sent So Far

The Social Security Administration has announced that it issued more than $7.5 billion in retroactive payments to nearly 1.13 million eligible beneficiaries as of March 4, 2025.
The Social Security Fairness Act eliminates rules that reduced payments to public employees and boosts their monthly payments, with the average retroactive payment being $6,710.
Qualifying individuals will start receiving higher monthly payments in April 2025, with the Congressional Budget Office projecting average increases of $360 and $700.
The act's changes will impact a small percentage of beneficiaries, with only about 4% affected, but it could greatly affect those households.

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CNBC

Million-dollar wage earners have already stopped paying into Social Security for 2025

In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.

7 days ago·United States

Social Security Matters: Was starting wife's benefits a mistake?

DEAR RUSTY: I hope we haven’t made a mistake! My wife just applied for her Social Security benefit. She was born in May 1962, and the estimated amount of her benefit is $1,280/month. Her work income last year was $5,616;…

7 days ago·Olean, United States

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Carroll News

Social Security announces higher monthly benefits for millions

The Social Security Administration has announced it is immediately beginning to pay retroactive benefits and will increase monthly benefit payments to people whose benefits have been affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).

8 days ago·Hillsville, United States

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The Epoch Times

SSA Confirms Over $7.5 Billion in Retroactive Social Security Payments

The U.S. Social Security Administration (SSA) announced the payment of billions of dollars to more than a million Americans after two provisions that reduced or eliminated benefits for certain individuals were recently repealed. Last week, the agency said that it will start paying retroactive payments to people whose benefits have been affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). Through March 4, “SSA…

9 days ago·New York, United States

Social Security pays billions in retroactive payments to people with public pensions

SSA has already paid about 1.3 million people with public pensions, like teachers, firefighters and police officers, more than $7.5 billion in retroactive payments.

9 days ago

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