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.

Over 3.2 million Americans are now eligible for new benefits due to the Security Social Fairness Act, but many won’t get them right now.

Fact checked by Vikki Velasquez In January 2025, former President Joe Biden signed the Social Security Fairness Act into law. The new legislation terminated two rules that reduced Social Security benefits for millions of retirees.

The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.

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.

Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.

It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.

More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,

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.