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Story perspectives

Social Security Overhaul Delivers $7.5 Billion in Retroactive Payments

4/26/2025

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Story summary
  • In 2025, the Social Security Administration transformed its policies with tougher identity checks and a 2.5% cost-of-living increase. The Social Security Fairness Act abolished the Windfall Elimination Provision and Government Pension Offset, empowering public-sector retirees to access their full benefits. This change has already led to over $7.5 billion in retroactive payments for those impacted.