Social Security Fairness Act Signed
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Social Security Fairness ActTheStreet
•Business
Business & Economics
How Am I Affected by the Social Security Fairness Act?
79% Informative
President Biden signed the Social Security Fairness Act of 2023 into law on Jan. 5, 2024 .
This is good news for the approximately three million current retirees, their spouses, ex-spouses, and surviving spouses whose Social Security benefits have been slashed over the years .
Repealing WEP will result in a significant boost in monthly income and will change retirement income for many public-service workers.
Marcia Mantell : The pending Social Security shortfall is not new news.
The proposals to repeal WEP and GPO were introduced in every Congress since the 107th — back in 2001 when George W. Bush took office.
There are many more Social Security fixes needed to restore confidence of millions of American retirees and pre-retirees.
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79
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