The Social Security Administration (SSA) recently said that 2.5 million people have already received monthly benefit hikes or lump-sum retroactive payments under the Social Security Fairness Act, which was signed into law on 5th January.
The new law eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions, which previously reduced Social Security benefits for people receiving public pensions from work that didn't require payment of Social Security payroll taxes. The law is expected to benefit many teachers, firefighters, police officers, and federal employees covered by the Civil Service Retirement System.
