this post was submitted on 21 Dec 2024
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politics

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Summary

The Senate passed the Social Security Fairness Act in a 76-20 vote, sending it to President Biden for approval.

The bill repeals the Windfall Elimination Provision and Government Pension Offset, which reduced Social Security benefits for nearly 3 million retirees, including teachers, police officers, and postal workers.

It also restores full benefits for surviving spouses and families of these workers.

Though backed by bipartisan support, some Republicans opposed the bill due to its $195 billion cost over a decade. Advocates hailed it as a victory for public service workers.

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[–] danski@lemmy.world 3 points 5 days ago (6 children)

What effect does this have on the solvency date?

[–] FoxyFerengi@lemm.ee 9 points 5 days ago (2 children)

Another article said it moves it closer by about six months. So it's still 9-10 years away

[–] danski@lemmy.world 2 points 5 days ago

Thanks for the info!

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