Credit: Mathieu Charrois/Adobe Stock


Right before President Biden left office, he signed the Social Security Fainess Act, a measure that has been decades in the making. However, the new law, which will boost Social Security retirement payments to nearly 3 million public sector retirees who draw public pensions, will now be delayed.

Since the passage, callers to SSA’s National 800 number hear a message about the Act, however, SSA announced last week that “more than 7,000 people each day still choose to wait to speak to a representative about the Act.” On its new online update of the new law, which posted last week, the SSA includes frequently asked questions. “SSA expects that it could take more than one year to adjust benefits and pay all retroactive benefit,” was one of the messages on the site.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.