Biden signs Social Security bill into law, putting further strain on fund

President Joe Biden on Sunday signed the Social Security Fairness Act into law, putting additional strain on the program’s finances. The law itself will repeal 1983’s Windfall Elimination Provision and eliminate the Government Pension Offset, both of which reduced Social Security benefits for certain beneficiaries including some government retirees. BIDEN USES LAME-DUCK PRESIDENCY TO SHAPE LEGACY AND FINISH TO-DO LIST “Social Security is the bedrock of financial security for retirees and surviving spouses and for millions of Americans with disabilities,” the president said Sunday in the White House’s East Room....