(TNS) — Attention, Social Security recipients.
There’s some big changes coming your way very soon.
The Social Security Administration announced via press release Tuesday that it has started to send out retroactive benefits to anyone who may have been affected by the Windfall Elimination Provision (WEP) as well as the Government Pension Offset (GPO).
The release explains that these two provisions have reduced — or even eliminated — Social Security benefits for roughly 3.2 million people who get pensions based on work that wasn’t covered by the benefit as they don’t pay Social Security taxes.
Additionally, the administration confirmed that it will start increasing monthly benefit payments in April to those who may have been impacted.
“Social Security’s aggressive schedule to start issuing retroactive payments in February and increase monthly benefit payments beginning in April supports President Trump’s priority to implement the Social Security Fairness Act as quickly as possible,” says Lee Dudek, Acting Commissioner of Social Security, via the release.
“The agency’s original estimate of taking a year or more now will only apply to complex cases that cannot be processed by automation. The American people deserve to get their due benefits as quickly as possible.”
Those who will benefit from this new law include a number of teachers, firefighters, and police officers, according to the release. The same goes for federal employees who are covered by the Civil service Retirement System and individuals whose employment has been covered by a foreign social security system, too.
For those receiving monthly increases, the administration explains that payments will differ depending on factors such as type of Social Security benefit received as well as the amount of the person’s pension.