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Once signed into law, the legislation's effective date involves Social Security payments for months after December 2023, according to the text of the bill. Still, calculating what folks are due ...
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
The amendments made by this Act shall apply with respect to monthly insurance benefits payable under title II of the Social Security Act for months after December 2023. Notwithstanding section 215(f) of the Social Security Act, the Commissioner of Social Security shall adjust primary insurance amounts to the extent necessary to take into ...
The bill could also jeopardize the Social Security fund overall, critics say. Sen. Thom Tillis, R-N.C., said the Social Security trust fund is less than 10 years away from being insolvent, and ...
The legislation that we are introducing today will expand Social Security benefits by $2,400 a year and will extend the solvency of Social Security for the next 75 years by making sure that the ...
The House-passed Social Security Fairness Act enjoys rare bipartisan support on Capitol Hill, yet the odds of it getting enacted are growing smaller with each passing day.
The Government Pension Offset (GPO) was a statutory provision in United States law which affected benefits paid by the Social Security Administration.It was repealed by the Social Security Fairness Act of 2023 (H.R. 82), which President Biden signed on January 5, 2025.
For most Social Security recipients, the biggest change set to take effect in 2023 is an 8.7% cost-of-living adjustment — the highest in 41 years. But that’s far from the only change heading ...