Millions will receive higher Social Security payments under the new law

President Biden on Sunday signed a measure into law that would strengthen… Social security Paying the salaries of nearly 3 million current and former government employees.

Biden signed The Social Security Fairness Act, which effectively eliminated two rules that reduced benefits for public employees who receive state pensions.

“The bill I am signing today is about a simple proposal: Americans who have worked hard all their lives to earn an honorable living should be able to retire with economic security and dignity — that is the whole purpose of the Social Security system,” Biden said. This came during the signing ceremony in the East Room of the White House.

Biden noted that the new law “is a big deal” and that those affected will receive these payments this year.

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The bipartisan legislation eliminates two poorly understood rules: the windfall elimination requirement (WEP) and the government pension offset (GPO), which limited Social Security benefits for beneficiaries who received retirement payments from other sources.

firefighters, police officers, Postal workers, teachers, and other public pension holders collected lower Social Security benefits than for jobs they held in the private sector because of the Women’s Empowerment Program, which was designed to prevent the so-called double reduction of government pensions and Social Security.

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Critics of the bill argued that it would cause more problems moving forward with Social Security. The legislation would add $196 billion to the federal deficit over the next 10 years, according to the House of Representatives Congressional Budget Office.

Biden acknowledged that there is still more work to be done on Social Security, including getting the wealthy to pay more.

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“I know there’s more work to be done, by the way, to improve and expand benefits, including for those who need Social Security protections most in the long term,” he said. “Finally, asking the wealthiest Americans to start paying their fair share so they can be preserved and much more.”

Fox News Digital’s Luis Casiano contributed to this report.