President Joe Biden signed the Social Security Fairness Act on January 5 at the White House in Washington, DC
Kent Nishimura | Getty Images News | Getty Images
The biggest change in social security over the years is Signed as law It’s January. 5.
for More than 3.2 million Individually, this will mean a greater profit check. In some cases, changes will give them access to Social Security benefits.
New law, Social Security Fairness Actrepealing two provisions that previously reduced social security benefits for individuals who work based on employers who do not require a Social Security Payroll Tax.
They are government pension offsets signed as law in 1977. They are federal laws that reduce social security benefits for people who have never covered employment pensions. Both are repealed by the Social Security Fairness Act.
Those affected include certain teachers, firefighters and police, federal employees, and workers covered by foreign social security systems.
According to the Social Security Bureau, the increase in revenue may range from “very little” to more than $1,000 a month.
These additions apply to future monthly checks and retroactive benefits due since January 2024.
The agency said on its website that the Social Security Agency “is expected it could take more than a year to adjust benefits and pay for all retroactive benefits.”
However, defense lawyers for years of change (some of whom will see their own gains) say signing the bill is a victory, even if many beneficiaries face indefinitely waiting for additional money.
“It will take some time,” a former teacher said of the change.
Roger Boudreau, a 75-year-old former English teacher and president of the Retirement Chapter of the American Federation of Teachers in Rhode Island, has been to the White House for the past 50 years before working on union activism.
But witnessing the signing of the Social Security Fair Act in January was “a highlight of my life,” he said.
When Boudreau died, he hoped that his role as a founding member of the National WEP/GPO Abolition Task Force was included in his obsolete.
“This is a very important legislation that has affected many people for so many years,” Budro said. (It is certain that many retirement policy experts are very important. Oppose the new policy)
Boudreau estimates that due to his fines of about 40% over the past decade, he personally retires about $5,000 a year.
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Boudreau taught for 30 years on various subjects including the world and English literature and received a pension.
To supplement his income, he works in various additional jobs, pays here, works as a taxi driver, sells swimming pools and helps the bakery during the holidays.
“When I started teaching in 1971, I was paid $7,000 (a year),” Budro said. “I have a baby. If I had two children, I would be eligible for food stamps.”
In addition to the extra work he taught, he paid social security while working in high school and college. He said if Boudreau had another two years of income, he would be able to escape the fine on his welfare.
Now, he is waiting for the Social Security Bureau to find out how much his gains have increased.
“We know it will take some time,” said Budro, who is also a task force liaison for the American Federation of Teachers.
Meanwhile, the team advises retirees to date local social security offices to ensure their information is up to date.
Firefighters hope benefits help retire
Carl Jordan, a retired Ohio fire chief, first discovered that his Social Security benefits would be reduced when he reconsidered his retirement.
Reduced Jordan’s surprise, who started as a firefighter and worked hard to be a doctor and finally captain for his 33-year career.
When he received his pension from this job, he also paid social security through other jobs. He started out as a venous experience working on blood donation and then trained as a placement technician to collect blood products to treat cancer and other diseases.
“The whole reason I worked for the second job is that it contributed to the community, and I helped take care of my family at the time,” Jordan said.
“The wages of firefighters are not that good, and I hope Social Security will supplement my retirement income from getting there,” he said.
Now, Jordan, 73, estimates that the reduction in mortgages is about $2.2,000, excluding interest.
He said the additional Social Security Benefit Money would help him pay back his mortgage earlier than expected.
Despite this, he didn’t know that he would get more benefits.
Jordan participated in the bill signed in Washington, D.C. and spoke with Social Security administrators there, who said they could not provide more information about the timing or increase in benefits. A month later, he is still waiting for more information from the agency.
Still, Jordan said he was honored to witness a change he had never seen in his life even after nearly 16 years of advocacy.
“The career that is there representing my life is an experience that everyone should have,” Jordan said.
18-year-old lobbying on behalf of his grandmother
Eliseo Jimenez travels to Washington, D.C. from Lubbock, Texas to discuss social security with administration officials, Joey at the signing of the Social Security Fair Act on the White House ·Joe Biden introduces social security issues.
Chris Kleponis | AFP | Getty Images
At 18, Eliseo Jimenez of Lubbock, Texas was probably the youngest to lobby for the Social Security Fair Act.
His grandmother was a former teacher and had to rely primarily on her own pension as a source of income before the new law. Other family members in law enforcement work are also affected by these regulations.
To keep an eye on the need for change, Jimenez spent 40 days last summer from Texas to Washington, D.C., because he was 18 years old and could not board a hotel or a motel alone, which forced him to sleep outside. A few nights.
He said his efforts helped to draw attention to the issue.
“I have a lot of people emailing me, calling me, supporting me and supporting the bill itself,” Jimenez said.
Last month, Jimenez returned to Washington, D.C. this time witnessing the signing of the Social Security Fair Act. During the event, then President Joe Biden led a choir of other lawmakers and attendees to sing “Happy Birthday” to Jimenez. He said it was cool.
Since the change became law, he has heard the impacts from grandmothers, neighbors and residents in other states such as Virginia and Tennessee.
“They said it was great,” Jimenez said. “It changed life.”
The victory inspired Jimenez, a high school student who planned to go to college next year, to continue to promote social security reform. He plans to take another walk in Texas next month to draw attention to the issue.
“I want to continue to be involved,” Jimenez said. “I want to continue to advocate.”
