On Sunday, January 5, President Joe Biden signed the Social Security Fairness Act into law, repealing past tax provisions which reduced the Social Security benefits for public employees and their spouses if they also earned a pension.
The San Antonio Fire and Police Pensioners’ Association will work in 2025 to inform members as to how this might impact their retirement planning and benefits. Stay tuned for special announcements about this effort.
The Social Security Administration has provided a question and answer page about implementation at this link.
For now, we’ve curated several news articles which offer insights into what happened and why it may be important to members’ particular situations. Please check out the links below for more information:
Biden signs windfall elimination provision repeal into law
President Biden signs law to repeal Social Security penalties on teachers, police, spouses
President Biden signs expansion of Social Security rights: What does it mean for everyone?
Biden Signs Social Security Fairness Act, WEP and GPO No Longer Exist
Overturning WEP and GPO is Retroactive Through 2024
And stay tuned for more announcements from SAFPPA!
Is it possible to have a special meeting to explain more on the Repeal and how it will impact us?
We are working on having a speaker at our February 11th Monthly Meeting.
Y’all should be more blunt in your communications.
Maybe tell retirees that this will not take money out of their pockets, and they should discuss this with their tax advisor to see if it will put more money in their pockets.
Very simple message.