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The Social Security Fairness Act (SSFA) is a reality and is already showing its benefits after being ed and eliminating the Windfall Elimination Provision, known as WEP, and the Government Pension Offset, better known as GPO.
With the announcement from the Social Security istration came the news of a retroactive benefit payment that will relieve 3.2 million people who saw their Social Security benefits reduced.
However, there was also the news that people will see their benefits increase in of social security, a payment that will begin to be reflected next April, as well as the one-time retroactive payments are also being delivered from February and will continue during March and April.
Eligibility for back pay
Eligibility for such retroactive payments is aimed at those employees affected by working in something that does not reach Social Security coverage and therefore did not pay taxes for that concept (teachers, firefighters, police officers and other public service jobs covered by the Civil Service Retirement System).
Retroactive payment will be made through your Social Security ed bank once eligibility is verified, so it should be clarified that the new rule does not pay benefits to those who have never paid Social Security taxes.
How much will I be able to earn from the SSFA?
Most beneficiaries following the age of this law will begin receiving their new monthly benefit amount in April 2025, which can reach up to $1,190, depending on their circumstances, according to the Congressional Budget Office, but overall it could be around $1,000 for millions of Americans.