The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also received pension income.

The average retired worker collects around $1,925 per month in Social Security benefits, according to the most recent data from the Social Security Administration. But it's possible to earn far more,

Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses and survivors. The outgoing president said more than 2.5 million Americans will receive a lump sum payment worth "thousands of dollars" to compensate for the benefits they should have received last year.

President Biden on Sunday signed a measure into law that will boost Social Security payments for nearly 3 million current and former public employees.

President Joe Biden on Sunday signed the Social Security Fairness Act into law, clearing the way for nearly 3 million public workers including teachers, firefighters and police to see an increase to their Social Security benefits.

President Joe Biden signed a bill on Sunday that will repeal two laws previously preventing many public employees from receiving Social Security benefits.