Social Security says 2.5 million retroactive payments processed so far

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Massachusetts nationalist assemblage retirees observe Social Security Fairness Act

Massachusetts nationalist assemblage retirees observe Social Security Fairness Act 02:12

The Social Security Administration (SSA) has processed 2.5 cardinal retroactive payments for teachers, firefighters, constabulary officers and others with nationalist pensions who were antecedently locked retired of status benefits, the bureau said past week. 

Signed into instrumentality by President Biden successful January 2025, the Social Security Fairness Act requires the bureau to set benefits for 3.2 cardinal people, including aboriginal and past benefits. So far, Social Security has completed 90% of its caseload, according to its May 27 update

Payments are going to nationalist pension holders  antecedently barred from collecting afloat benefits nether the national status programme owed to 2 national policies: the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). The Social Security Fairness Act ended these provisions, opening the doorway for millions to person retroactive payments dating backmost to January 2024. December 2023 was the past period the WEP and GPO applied, according to the SSA. 

The bureau did not instantly respond to CBS MoneyWatch's petition for comment. 

If you're eligible for these payments, work connected for the latest from the SSA.

When volition I get my retroactive payment?

The bureau started issuing payments connected Feb. 25. According to the SSA, beneficiaries should person received a one-time retroactive outgo deposited into the slope relationship the bureau has connected record for them by the extremity of March 2025. 

In presumption of the caller monthly benefits, astir eligible parties should person seen outgo increases starting successful April. There's a one-month lag for Social Security payments, truthful the April payments reflected March's benefit.

What if I haven't gotten my outgo yet?

The SSA antecedently said that astir Americans would person to wait up to a twelvemonth oregon longer to person their benefits. While the bureau has been capable to expedite payments utilizing automation, much analyzable cases request to beryllium processed manually and volition instrumentality longer arsenic a result, according to its website. The SSA said it expects each beneficiary records to beryllium updated by November 2025. 

Those eligible who person inactive not received their outgo tin cheque www.ssa.gov/my relationship oregon telephone 1-800-772-1213 to marque definite the SSA has the close code and nonstop deposit accusation for them connected file.

"Ensuring that SSA has the close accusation allows you to get immoderate retroactive benefits and your caller payment magnitude quicker," the bureau says successful its update.

There are inactive 900,000 Social Security Fairness Act cases which indispensable beryllium completed by hand, USA Today recently reported. SSA employees told the quality outlet that they person been directed to prioritize these cases implicit their different work.

How overmuch volition benefits increase?

The magnitude of the added payments hinges connected a fewer factors, specified arsenic the benignant of Social Security payment and pension a idiosyncratic receives. Some radical volition spot "very little" adjustments, portion others could spot implicit $1,000 each month, according to the SSA website.

How volition I cognize if my monthly payment was adjusted?

Any beneficiaries who person a retroactive payment, oregon a monthly payment adjustment, volition person a mailed notice from Social Security explaining the change.

To larn much astir your eligibility and however the Social Security payments work, sojourn the Social Security Fairness Act website.

What if I ne'er applied for retirement?

If you ne'er applied for status — oregon a spouse's benefits — owed to the national laws successful spot earlier the Social Security Fairness Act was passed, you whitethorn request to record an application. To bash so, sojourn www.ssa.gov/apply.

As of the week ending May 23, the bureau has received implicit 200,000 caller applications for benefits since the instrumentality passed, and has processed 87% of them, according to the SSA website.

Mary Cunningham

Mary Cunningham is simply a newsman for CBS MoneyWatch. Before joining the concern and concern vertical, she worked astatine "60 Minutes," CBSNews.com and CBS News 24/7 arsenic portion of the CBS News Associate Program.

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