Social Security Fairness Act Signed

This is a Texas news story, published by CNBC, that relates primarily to Eliseo Jimenez news.

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Social Security Fairness Act

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Social Security reform

CNBC

•

US Politics

They fought for the Social Security Fairness Act. Now they're waiting to see benefit increases

Summary

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83% Informative

The Social Security Fairness Act was signed into law in January following overwhelming bipartisan support.

The new law repeals provisions that previously reduced Social Security benefits for some individuals who also received pension income from work where they did not pay into Social Security .

For more than 3.2 million individuals, that will mean bigger benefit checks.

Benefit increases may range from "very little" to more than $1,000 per month.

At 18 years old , Eliseo Jimenez may be the youngest to have lobbied for the Social Security Fairness Act .

His grandmother, a former teacher, had to rely mostly on her own pension as her source of income before the new law.

Last summer , Jimenez spent 40 days walking from Texas to Washington , D.C. , to call attention to the issue.

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informal

Language

English