Biden Inks Social Security Bill in Rare Public Signing Ceremony
- Two-year drought in signing events shows legislative struggles
- Social Security Fairness Act will boost benefits for millions
This article is for subscribers only.
President Joe Biden signed into law a bill that will increase Social Security benefits for millions of Americans — his first public bill signing ceremony in more than two years.
The Social Security Fairness Act will boost Social Security payments to more than 2.5 million retirees — some by as much as $550 a month — by changing the formulas used to reduce benefits for certain beneficiaries: those receiving foreign pensions, and those on government retirement plans for police officers, firefighters and teachers.