Market
Public sector group with most significant benefit increase by end of 2025?
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Joe Biden•Social Security Fairness Act•Windfall Elimination Provision•WEP•Government Pension Offset•GPO•Social Security•Act•Biden
Resolution / Starting Odds
Teachers • 25%
Firefighters • 25%
Police Officers • 25%
Other • 25%
Reports from public sector unions or official statistics
Story
Biden to Sign Social Security Fairness Act, Repealing WEP and GPO, Restoring Benefits to 3 Million Retirees
Jan 5, 2025, 02:58 PM
President Joe Biden is set to sign the Social Security Fairness Act into law on January 5th, after moving up the signing date. The legislation, which passed last month, will repeal the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), restoring full Social Security benefits to nearly 3 million U.S. retirees, including teachers, firefighters, and police officers. The Act aims to rectify decades-long disparities and past payment discrepancies in Social Security benefits for public sector employees. This may be the last major piece of legislation President Biden signs into law.
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Police Officers • 25%
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Firefighters • 25%
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