Biden signs invoice to boost Social safety payments for some community sector workers
President Joe Biden signed a invoice Sunday that boosts Social safety benefits for millions of community sector workers in what the White House described as the first expansion of such benefits in 20 years.
The Social safety Fairness Act eliminates two decades-ancient provisions — the Windfall Elimination Provision and the Government superannuation Offset — that reduced Social safety benefits for some retirees who also received superannuation income. Police officers, firefighters, postal workers, and community school teachers are among the nearly 3 million affected by the provisions.
“The invoice I’m signing today is about a straightforward proposition: Americans who have worked challenging all their lives to earn an truthful living should be able to retire with economic safety and dignity,” Biden said.
Social safety Fairness Act:Congress approves changes to Social safety for some community sector workers
Biden said the invoice should navigator to an estimated average monthly boost of $360 for sure community employees and their spouses and survivors. More than 2.5 million Americans are set to receive a lump sum remittance worth “thousands of dollars” to make up for the shortfall and the benefits they should have received last year, Biden said.
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The invoice, passed by the House of Representatives in November, was approved in the Senate by a 70-26 vote last month. Some senators who voted against the legislation argued it would unfairly advantage some workers while increasing burdens for others on Social safety, and jeopardize the Social safety pool overall.
The invoice will expense $196 billion over the next 10 years, according to estimates by the Congressional monetary schedule Office.
Contributing: Riley Beggin and Medora Lee, USA TODAY; Reuters