The Social Security Fairness Act, which would eliminate provisions that reduce federal benefits for individuals with other pensions, cleared a key hurdle in the Senate. The bipartisan bill aims to address the impact of these policies on workers in state, local, and federal government jobs, as well as teachers, firefighters, and police officers. While facing some criticism from conservatives, the House previously approved the measure, and proponents hope for a Senate vote before the end of the year.
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— State and local government employees who participate in their jurisdictions’ retirement systems that allow them to opt out of Social Security.The Congressional Research Service estimates that in December 2023, there were 745,679 people, about 1% of all Social Security beneficiaries, who had their benefits reduced by the Government Pension Offset. About 2.1 million people, or about 3% of all beneficiaries, were affected by the Windfall Elimination Provision.
The CBO estimates that ending the Government Pension Offset would increase monthly benefits in December 2025 by an average of $700 for 380,000 recipients getting benefits based on living spouses. The increase would be an average of $1,190 for 390,000 or surviving spouses getting a widow or widower benefit.
That would mean added fiscal strain on the Social Security Trust funds, which already were estimated to be unable to pay full benefits beginning in 2035. The cost was a reason some House conservatives tried to block the bill. Supporters acknowledged the fiscal impact but said it was a matter of fairness.
Social Security Fairness Act Pension Windfall Bipartisan Support Congress
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