The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.

Fact checked by Vikki Velasquez At age 65, many retirees find themselves relying on a combination of Social Security benefits and retirement savings to make ends meet, with the average Social Security payment at $1,

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Some Social Security beneficiaries may have

The Social Security Administration, in an update to its website on Friday, said the department does not currently have the funding to execute the adjustments “in a timely manner and without negatively affecting day-to-day customer service.

On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, including firefighters, police officers and teachers. This law eliminates two controversial provisions – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — providing fairer Social Security benefits to millions.

Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under

The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still face high prices.

Social Security payments rise this week, but Fairness Act-related payments face delays due to funding issues.

The Social Security Fairness Act repeals two provisions that will give qualifying individuals more money and potential back payments. Here's what you should know.