Retired public employees to see social security bump starting in April

The Social Security Fairness Act, signed by President Biden, aims to restore benefits to around 3.2 million social security recipients who were previously affected by the Windfall Elimination Provision and the Government Pension Offset. This act ensures that individuals with a public pension, including teachers and first responders, can collect full benefits under the federal retirement program. The Social Security Administration has announced expedited retroactive payments starting in February 2024 and increased monthly benefits beginning in April, reversing prior estimates of delays up to a year.

The Social Security Fairness Act, signed by President Biden, eliminated the Windfall Elimination Provision and the Government Pension Offset, restoring benefits for millions.

The expedited schedule for retroactive payments beginning in February ensures that affected recipients will receive their due benefits without undue delay.

Read at Fast Company