Summary
President Biden will sign the Social Security Fairness Act, boosting payments for nearly 3 million public service retirees by eliminating the Windfall Elimination Provision and Government Pension Offset.
The changes will increase benefits by an average of $360–$1,190 monthly, including backdated payments starting January 2024.
Advocates call it a historic victory for educators, firefighters, and others, correcting a 40-year inequity.
While some Republicans supported the legislation, others argued it was unsustainable and would hasten the program’s insolvency.
To paraphrase Bernie, let them survive on mere billions.
Billionaires - especially ones like Elon - should be thankful that they were permitted to accrue so much wealth on the backs of so many others. Paying it forward by paying their fair share into SS is the very least they could do.