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On January 3, 2025 President Biden signed into law the Social Security Fairness Act of 2023. Below is a brief summary of HR82
Social Security Fairness Act of 2023
This bill repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government.
The bill eliminates the government pension offset, which in various instances reduces Social Security benefits for spouses, widows, and widowers who also receive government pensions of their own.
The bill also eliminates the windfall elimination provision, which in some instances reduces Social Security benefits for individuals who also receive a pension or disability benefit from an employer that did not withhold Social Security taxes.
These changes are effective for benefits payable after December 2023.
This law levels the playing field for many teachers and public employees. It eliminates the Government Pension Offset provision and the Windfall Elimination provision. This law has been decades in the making.
This may result in you receiving many thousands of dollars a year extra in Social Security income
tion.
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