July Social Security boost for teachers, firefighters and more
Before, elementary school teachers spent his/her career educating children and paying into Social Security, but watched those benefits shrink once he/she retired with a state pension. The
Social Security Fairness Act
, which became law in January 2025, fixed that. It repealed two rules, the
Windfall Elimination Provision
(WEP) and
Government Pension Offset
(GPO), that unfairly reduced her benefits.
Explore courses from Top Institutes in
Select a Course Category
Product Management
Data Science
Operations Management
Finance
Data Science
Data Analytics
Design Thinking
Others
CXO
Artificial Intelligence
Leadership
Degree
Digital Marketing
Public Policy
MCA
Cybersecurity
MBA
healthcare
Healthcare
Project Management
PGDM
Management
others
Technology
Skills you'll gain:
Product Strategy & Competitive Advantage Tactics
Product Development Processes & Market Orientations
Product Analytics & Data-Driven Decision Making
Agile Development, Design Thinking, & Product Leadership
Duration:
40 Weeks
IIM Kozhikode
Professional Certificate in Product Management
Starts on
Jun 26, 2024
Get Details
Skills you'll gain:
Product Strategy & Roadmapping
User-Centric Product Design
Agile Product Development
Market Analysis & Product Launch
Duration:
24 Weeks
Indian School of Business
Professional Certificate in Product Management
Starts on
Jun 26, 2024
Get Details
Skills you'll gain:
Creating Effective Product Roadmap
User Research & Translating it to Product Design
Key Metrics via Product Analytics
Hand-On Projects Using Cutting Edge Tools
Duration:
12 Weeks
Indian School of Business
ISB Product Management
Starts on
May 14, 2024
Get Details
Also read:
Paper checks ending! 500,000 seniors must act fast as social security goes digital this fall
Real lives, real boosts
Earlier, firefighters, who retired with a smaller-than-expected income due to GPO, recently saw an extra $700–1,190 per month, enough to ease bills and rebuild savings. Janine, a surviving spouse, now receives the full Social Security benefit she was entitled to, reversing a penalty that wiped out most of her income before.
Live Events
Why this matters
Closing long-standing gaps: About 3 million people had seen their benefits reduced. The reversal aims to correct that, though it has added strain on the Social Security trust fund, which could face earlier shortfalls.
But it's not instant
Some people still haven't seen their full adjustment. The
Social Security Administration
expects to automate simpler cases, delivering benefits quickly, most recipients saw increases by April. Check if your pension was non-covered by Social Security (WEP/GPO rules applied).
Make sure the SSA has your correct banking and mailing info.
Look for two letters from SSA: one for the retroactive 'lump sum,' another for your ongoing higher monthly benefit.
If you haven't received your payment yet, call SSA at 1‑800‑772‑1213 or use your mySocialSecurity account.
Economic Times WhatsApp channel
)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
35 minutes ago
- Time of India
Draft telecom policy puts focus on jobs, accessibility
New Delhi: The latest National Telecom Policy (NTP-25) has listed down creating a million jobs and covering the entire population through 4G services as among its key goals to be reached by 2030. Other NTP goals are covering 90% of the population with 5G, increasing fiberisation of towers to 80%, having accessible devices for all, deploying 1 million public WiFi hotspots , and reaching fixed broadband services to 100 million households. Explore courses from Top Institutes in Please select course: Select a Course Category Project Management Cybersecurity Digital Marketing others CXO Data Science Technology Others PGDM Product Management Operations Management Leadership Management Design Thinking Artificial Intelligence Data Science Healthcare MCA Degree Finance MBA healthcare Public Policy Data Analytics Skills you'll gain: Portfolio Management Project Planning & Risk Analysis Strategic Project/Portfolio Selection Adaptive & Agile Project Management Duration: 6 Months IIT Delhi Certificate Programme in Project Management Starts on May 30, 2024 Get Details Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details A draft of the policy, which has laid out goals and targets to be achieved in the next five years, has been put up for public consultation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: New Container Houses (Prices May Surprise You) Container House | Search ads Search Now Undo As per the draft, the policy is anchored in six strategic missions with clearly defined goals and targeted strategies. The aim is to deliver affordable, high-quality connectivity to every citizen, drive self-reliant manufacturing and exports of telecom equipment, establish robust framework for cyber security, create a simplified regulatory environment etc. "With this policy, India aims to emerge not only as a leading consumer of digital technologies, but also as a trusted global provider of telecom products, services, and solutions," the preamble of the draft policy said. Live Events The NTP-25 aims to accomplish 10 key objectives by 2030 which include having universal and meaningful connectivity for all, achieve '1 lakh crore ($12 billion) annual investment in telecom infrastructure, double the export of telecom products and services, create 1 million new jobs in telecom sector and another 1 million workers to be reskilled among others. To expand the telecommunication network, it has been proposed to devise Digital Bharat Nidhi (DBN) schemes to expand mobile networks in underserved rural, remote, and urban areas and also introduce incentive schemes for proliferation of fixed line broadband. The policy proposes to promote advanced technologies and satellite integration . It calls for setting up satcom use case labs for socio-economic applications and enabling ground station as a service (GSaaS) from India.
Economic Times
44 minutes ago
- Economic Times
$1,390 Stimulus check in 2025: Do Americans need to pay tax on the amount and who needs to apply?
Synopsis IRS stimulus checks in 2025: The US government has announced an important relief plan and under this scheme, eligible citizens will be provided a one-time stimulus check of $1,390. A $1,390 stimulus check is coming in 2025 to help with rising living costs. Most people will get it automatically, including those on Social Security, SSDI, SSI, and VA benefits. Reuters The stimulus check of $1,390 in August is completely tax-free Millions of Americans are closely watching updates on the $1,390 stimulus payout in August 2025 as economic uncertainty stretches into the second half of the year. The stimulus payment is part of a federal relief plan which is aimed at low and middle-income households which are struggling with everyday expenses like food, rent, and utility this scheme, eligible citizens will be provided a one-time stimulus check of $1,390. This assistance has been designed keeping in mind those who are struggling with rent, ration, medicine and other essential expenses. ALSO READ: Could ex-Astronomer CEO Andy Byron sue Coldplay after kiss cam controversy? Check details The stimulus check of $1,390 in August is completely tax-free. This means that you will not have to add this amount to your next year's income and it will not affect any benefits like Medicaid, SNAP (food stamps), or housing assistance. ALSO READ: Social Security payments worth $5,108 to be rolled out for Americans this week: Who could see up to 50% cut? This stimulus payment relief scheme has been specially designed for those people whose income is limited and eligibility mainly depends on your income and tax status. People in the following categories are likely to receive this payment: Single tax payers: Income up to 75000Married couples (filling jointly): Income of up to 150 000 dollarsHead of household: up to 112.5kApart from this, people who receive social security benefits, VA and Railroad Retirement beneficiaries, and families with qualifying dependents are automatically eligible for stimulus check. If you have received stimulus payments before and your income has remained stable, you are likely to be eligible this time there is no official announcement on the official date, it is expected that the stimulus checks will be sent out in mid-summer 2025. The IRS and other related agencies are working on the can get this payment in the following ways:Direct Deposit: The fastest and most convenient way, if your bank details are already with the IRS or Social Check: If bank details are not available, the check will be mailed to your Debit Card: Some beneficiaries may receive payments in the form of a prepaid card. ALSO READ: Ozzy Osbourne's massive wealth exposed: How did the legendary rockstar make $220 million? Most people will not need to apply for stimulus check. If you recently filed a tax return or are receiving benefits from Social Security, SSDI, or SSI, you are automatically eligible. But if you have neither filed taxes nor received any benefits, you will have to apply for stimulus will soon update its 'Get My Payment' or 'Check Eligibility' tool for 2025. Through this, you can know whether:Whether you are eligible or notWhen and how your payment is being sentIf there is any problem, what is itYou can get this information by visiting the official website of IRS.
Time of India
an hour ago
- Time of India
Pakistan 'serial borrower from IMF', 'steeped in terrorism': India at UN
India on Wednesday launched a sharp attack against Pakistan at the United Nations Security Council (UNSC) with Permanent Representative Ambassador P Harish slamming Islamabad for supporting fanaticism, terrorism and mismanaging its economy. "On the one hand, there is India which is a mature democracy, a surging economy and a pluralistic and inclusive society. At the other extreme is Pakistan, steeped in fanaticism and terrorism, and a serial borrower from the IMF," Harish said. He was speaking at the UNSC high-level open debate on 'Promoting International Peace and Security through Multilateralism and Peaceful Settlement of Disputes' held under Pakistan's presidency of the 15-nation Council for July. In May this year, the International Monetary Fund (IMF) had approved disbursement of about $1 billion to Pakistan under its extended fund facility, bringing total disbursements under the arrangement to about $2.1 billion. "The Indian subcontinent offers a stark contrast in terms of progress, prosperity and development models," Harish said, responding to remarks made by the representative from Pakistan. Explore courses from Top Institutes in Please select course: Select a Course Category Product Management Artificial Intelligence Management PGDM Leadership Technology Data Analytics healthcare Digital Marketing Design Thinking others Data Science Cybersecurity Others MBA Operations Management Finance Data Science MCA Healthcare Project Management Public Policy Degree CXO Skills you'll gain: Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Duration: 40 Weeks IIM Kozhikode Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Duration: 24 Weeks Indian School of Business Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Creating Effective Product Roadmap User Research & Translating it to Product Design Key Metrics via Product Analytics Hand-On Projects Using Cutting Edge Tools Duration: 12 Weeks Indian School of Business ISB Product Management Starts on May 14, 2024 Get Details Harish further said, "It ill behoves a member of the Council to offer homilies while indulging in practices that are unacceptable to the international community." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Pakistan Deputy Prime Minister and Foreign Minister Ishaq Dar presided over the open debate that was also addressed by UN Secretary General Antonio Guterres. In his remarks to the debate in his national capacity, Dar raked up the issue of Jammu and Kashmir as well as the Indus Waters Treaty. Pakistan is currently a non-permanent member of the 15-member UNSC for the 2025-26 term. Live Events Harish also issued a strong message on the need for accountability in terror cases, referencing the April 22 terrorist attack in Pahalgam, J&K in which 26 civilians were killed. "There should also be a serious cost to states who violate the spirit of good neighbourliness and international relations by fomenting cross-border terrorism," he said.
