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Biden Signs Bill, the social security benefits for retirement teachers, public employees are expanding

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Washington – President Joe Biden has expanded social security services for more than 2 million Americans by signing largely non -partisan laws that the congress approved at the end of last year.

The ceremony on Sunday was expected to sign bidges as President as President, since the congress is now controlled by Republicans and his term of office will end on January 20 if the elected President Donald Trump does the oath of office.

“By signing this legislation, we expand the social security benefits for millions of teachers and other public employees as well as their spouses and survivors,” said Biden. “This means an estimated average of USD 360 per month. That is a massive deal. “

The almost 2.5 million people covered under the recent law would “receive a flat -rate payment of thousands of dollars in order to compensate for the lack of services that they should have received in 2024”

The house Torn 327-75 in November to adopt the bill and the Senate correct 76-20 In December they send the bill to biden.

The recent law Eliminates the provision for the elimination of Engpass and the state pension compensation that the amount has been reduced for decades that some Americans received in the areas of social security benefits.

The Republican Senator of Maine, Susan Collins, who took part in the signing ceremony in the White House, published a written explanation in which she was “pleased” that “these unfair provisions in our social security system were finally canceled”.

“This is a victory for thousands of teachers, first aiders, civil servants and countless supporters who fought for years to correct this injustice,” wrote Collins. “WEP and GPO pensioners and their spouses have refused the social security advantages for too long, which they have achieved through years of work and contributions to the system. This law ensures that the public service is no longer at the expense of the well -deserved retirement advantages. “

The former US MP Abigail Spanberger, a democrat who decided not to look for re -election in the congress to pursue a run for the office of the governor of Virginia, wrote on social media that the elimination of the two provisions Had reached time.

“Our retired police officers, firefighters, teachers and public employees have worked for decades to correct this,” wrote Spanberger, who brought the house version of the last congress.

Insolvency date moves

The expansion of the services is expected to cost 195.65 billion US dollars over the next 10 years and the program’s bankruptcy date will step up by about six months. accordingly The referee congress office.

“If HR 82 had come into force, the balance of the (age and surviving insurance fund) CBO projects would be exhausted about half a year earlier than under the applicable law,” wrote CBO director Phillip L. Swagel in A letter To Iowa Senator Chuck Grassley. “The agency estimates that according to applicable law, the remaining amount of the OASI Treuhandfonds would be exhausted in the 2033 financial year.”

Other members of the congress, who participated in the signing ceremony Rep. Troy Carter, Republicans of the Republicans of Louisiana.

Last updated at 12:30 p.m., January 6, 2025

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