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    SS Fairness Act

    Just received this email from SS about the Fairness Act.

    We May Owe You Additional Benefits


    We have been reducing or withholding your Social Security benefits because you receive a pension from work not covered by Social Security. The Social Security Fairness Act eliminates Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) retroactive to January 2024. Your benefits may increase because of the new law. However, if you owe past due Medicare premiums or have an outstanding overpayment balance, we may withhold some or all the retroactive benefits you are due.

    How We Will Process the Payments

    This law affects over three million beneficiaries. Our electronic payment systems cannot make all the necessary changes at the same time. Therefore, we will need to process the actions in several stages, which are expected to begin in late-February.

    When Your Monthly Payments May Increase

    Social Security benefits are paid one month behind. For example, you receive February’s payment in March.

    If you are due retroactive benefits as a result of the Social Security Fairness Act, you will receive a single retroactive payment that covers the increase in your benefit amount back to January 2024.

    You will get your new benefit amount the following month.

    NOTE: You may receive two mailed notices, the first when the WEP or GPO is removed from your record, and a second when your monthly benefit is adjusted to reflect the increase. You may receive your retroactive payment before the mailed notice.

    What We Need You to Do

    Sign in to your personal my Social Security account at www.ssa.gov/myaccount/ to verify or update your mailing address and direct deposit information. NOTE: If you have filed for spouse’s or widow(er)’s benefits but are not receiving any monthly benefits due to GPO, please call us at 1-800-772-1213 if you would like to update your direct deposit information.

    If you had any change in your pension amount between January 2022 and December 2023, please provide us with the date of the change and the old and new pension amounts. You do not need to report any changes that occurred after December 2023.

    You can visit www.ssa.gov/benefits/retirement/social-security-fairness-act.htm to learn more about the SSFA. We will update the page as necessary.

    Beware of scams. Please ensure you are on the Social Security Administration’s official website, www.ssa.gov, before entering any personal information.

    #2
    I got that email also. It is encouraging to see this about to happen after being ripped off for the last 10yrs

    Comment


      #3
      Congratulations to you ALL!! Best I can tell, it is WELL deserved ladies and gentlemen and I for one am very proud for you!!

      Comment


        #4
        Originally posted by SaltwaterSlick View Post
        Congratulations to you ALL!! Best I can tell, it is WELL deserved ladies and gentlemen and I for one am very proud for you!!
        It has not happened yet and I do not have a warm feeling about this happening. After all this is dealing with our Government. This is a “wait and see!”

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          #5
          Got the same email I got my fingers crossed !!

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            #6
            My wife is patiently waiting for this to be finalized.

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              #7
              Would this apply for teachers retirement thru TRS of Texas?

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                #8
                Originally posted by pybuck View Post
                would this apply for teachers retirement thru trs of texas?
                yes!

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                  #9
                  I'm not affected by this because my pension is from a company that paid into SS. I'm glad to see this is happening for all of you.

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                    #10
                    Good. The old law was patently unfair.

                    For example - my wife Joanne was a teacher for 35 years and passed away. I’ve been able to draw her TRS annuity AND my full Social Security, with no offsets.

                    But, if I had died before her, she would basically only have been able to draw her annuity. Because the old law specified that my Social Security benefits payable to her would have been reduced by two thirds of her annuity amount - the “offset”.

                    Since TRS benefits are greater than SS benefits, she would have only gotten a very small percentage of my SS benefits.

                    It made no sense that as a widower I get both of our full benefits, but if she had been a widow she wouldn’t have been able to receive full benefits of both of us.

                    It was a dumb law, and I’m glad it’s been changed.


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                      #11
                      Congratulations to everyone who is eligible for SS thanks to that stupid law finally going away. Long overdue!

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                        #12
                        Confirmation letters were supposed to go out at the end of February.

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                          #13
                          My wife never did get a confirmation letter or E mail but did get a direct deposit from SS for $12,400 today. Now if Trump will just follow thru on his no tax on SS that will help. Praise God for the windfall.

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                            #14
                            Got my check today from SS. My monthly check going up from now on is going to really help!

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                              #15
                              Just filed the paperwork for mine this morning. I turn 62 in April. 30 years in education but 8 yrs out of education and 11 summers before going into education is getting me a little monthly check. Much appreciated for sure.

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