Higher Social Security payments coming for millions of people from bill that Biden is signing
President Joe Biden is set to sign into law a measure that boosts Social Security payments for current and former public employees. The change affects nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs. Advocates say the Social Security Fairness Act rights a decades-old disparity. But it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis. The bill rescinds two provisions that limit Social Security benefits for recipients if they get retirement payments from other sources, including public retirement programs from a state or local government. Biden will sign the bill on Sunday afternoon at the White House.