{"id":10459,"date":"2025-03-04T23:19:05","date_gmt":"2025-03-04T23:19:05","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/social-security-says-its-paid-more-than-1-million-retroactive-payments-heres-the-average-amount\/"},"modified":"2025-03-04T23:19:05","modified_gmt":"2025-03-04T23:19:05","slug":"social-security-says-its-paid-more-than-1-million-retroactive-payments-heres-the-average-amount","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/social-security-says-its-paid-more-than-1-million-retroactive-payments-heres-the-average-amount\/","title":{"rendered":"Social Security says it&#8217;s paid more than 1 million retroactive payments. Here&#8217;s the average amount."},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n<figure class=\"embed embed--type-video embed--type-content_video is-video embed--float-none embed--size-medium is-hero\" data-ads=\"{\" extrawordcount=\"\">\n<div class=\"embed__content-wrapper\">\n<link rel=\"preload\" as=\"image\" href=\"https:\/\/assets2.cbsnewsstatic.com\/hub\/i\/r\/2025\/02\/22\/64480f21-a36c-4727-a34a-49404dbd7f8c\/thumbnail\/1280x720\/cd18d6242b0040930e473e27605df1bb\/cbsn-fusion-are-150-year-olds-collecting-social-security-musk-claims-what-to-know-thumbnail.jpg?v=63a2b43e2ef8917aa6bd547ca29dd4fa\"\/><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" style=\"position:absolute;width:0;height:0\"><defs><symbol id=\"player-icon-pause\" viewbox=\"0 0 32 32\"><path d=\"M4 4h10v24h-10zM18 4h10v24h-10z\"\/><\/symbol><symbol id=\"player-icon-play\" viewbox=\"0 0 32 32\"><path d=\"M6 4l20 12-20 12z\"\/><\/symbol><symbol id=\"player-icon-close\" viewbox=\"0 0 32 32\"><line stroke-width=\"6\" x1=\"3\" y1=\"3\" x2=\"29\" y2=\"29\"\/><line stroke-width=\"6\" x1=\"29\" y1=\"3\" x2=\"3\" y2=\"29\"\/><\/symbol><symbol id=\"player-icon-fullscreen\" viewbox=\"0 0 32 32\"><path d=\"M32 0h-13l5 5-6 6 3 3 6-6 5 5z\"\/><path d=\"M32 32v-13l-5 5-6-6-3 3 6 6-5 5z\"\/><path d=\"M0 32h13l-5-5 6-6-3-3-6 6-5-5z\"\/><path d=\"M0 0v13l5-5 6 6 3-3-6-6 5-5z\"\/><\/symbol><symbol id=\"player-icon-drag\" viewbox=\"0 0 40 55\"><g fill=\"#f5f5f5\"><circle cx=\"5\" cy=\"5\" r=\"5\"\/><circle cx=\"20\" cy=\"5\" r=\"5\"\/><circle cx=\"35\" cy=\"5\" r=\"5\"\/><circle cx=\"5\" cy=\"20\" r=\"5\"\/><circle cx=\"20\" cy=\"20\" r=\"5\"\/><circle cx=\"35\" cy=\"20\" r=\"5\"\/><circle cx=\"5\" cy=\"35\" r=\"5\"\/><circle cx=\"20\" cy=\"35\" r=\"5\"\/><circle cx=\"35\" cy=\"35\" r=\"5\"\/><circle cx=\"5\" cy=\"50\" r=\"5\"\/><circle cx=\"20\" cy=\"50\" r=\"5\"\/><circle cx=\"35\" cy=\"50\" r=\"5\"\/><\/g><\/symbol><\/defs><\/svg><\/p>\n<div class=\"embed__sticky-content lazyload\" data-component=\"viewability\" data-viewability-options=\"true\">\n<div class=\"player-overlay__container  player-overlay--draggable \" data-theme=\"default\">\n<p>\n                  <svg class=\"player-overlay--icon-grid\"><use xlink:href=\"#player-icon-drag\"\/><\/svg><span class=\"player-overlay__title\">Are 150-year-olds collecting social security? <\/span><\/p>\n<p>        <button class=\"player-overlay__button player-overlay__button--close\" data-target=\"\" aria-label=\"Disable small player\"><br \/>\n          <svg class=\"player-overlay__button--icon player-overlay__button--icon-close\"><use xlink:href=\"#player-icon-close\"\/><\/svg><\/button><\/p>\n<p>  <iframe data-src=\"https:\/\/www.cbsnews.com\/embed\/video\/?v=63a2b43e2ef8917aa6bd547ca29dd4fa1741130213&amp;usprivacy=null#zVgLb9s4Ev4rgoD1AZfQpl6W7IXRc%2BJkN3dtEjTt3h3iwqBIytZFL4iSHTf1f78ZSn622O0dGtz1YVHDGXI4%2FOalF5PVVV4kbG0Oq7KW52asLvMkYYWKw0Saw4glCqhCLmMOrzBQTyBgnpvLWMjcHL6YcSVTZQ4fX8xqXSDPMhcwHwsYWv3AEX2LEm8w8Igb9EMSWL5HrNCmvhM6kT9wgDctnt%2FL6AYlwl%2BfxD8%2FstAKP0vPmc35ahyxwV9v5x%2BY%2F49flwPgzst4HmdXIq7iPAORWgFRJfUcxqyUxPIoWUtWkjwRinA4juRVnM2JynnMEqIkr8u4WpO0Vk%2BEJyxOFVktWEWqnDxl%2BQqWq%2BIKj2%2BOS2kcrWfs1zOa9Yztem%2B63a6JtnoCQRhEdZL8V%2BsYfwdljCo3UBmDhXldGe9A1z%2BBlNYWFucsy7OYs%2BTDa%2B1QxalUFUsLc2j5LrX8wHUp%2FIET1iVrbO%2FY%2Ff3rWxbKBDSh3tDuwwJJ856BGQAOKZtLhXhReM2LqirUcNqb9phSslJOl4cqkysFO1Yx7%2FI8nfYWdTjtxdNeOe3Z1PamPWrDCP73XTegkW0R5vQ5cX3bh5HLiDtwqStC4UcBn%2FaqRZ2GGYsTFKDPTp9OewNgYaHjuL7wJPdcTzLh%2BYEtKWWDAYumPdSDRLWCA5Efgiay06P7r2L%2BZjnqO8wOXUfaMgoGls9YPxSe63NmD4RwIwamW3zLRvbr2siyA%2Frs22AkLqxA9G3XDil16cCh0vVBXb9PPRFZYfh%2FYaTNuVmUEJbk6mOZHFmrKHPRhSCkI9TWZo212pdpbwn2WiQwcDyv7w7smX5Jmapk2U2dOthHuNda2X6VpaO8TFmFkbAoEogP6JjT3jNJCzn%2F%2BP4tcNQn5lqtVsf7aRUAdD%2FiXqc9TAXqJi1y1HKXUCCHxFxnDx30Qxl5kBAItQeA1QETJOAhI4JGjhsMbBo47kGMT2UJJyNCctBUgRLzVGYVxqxFLEtW8gWks8ctn9HywfQJxdhJfgIwwXmz6gPqdQt8GFFb7slOfrf8xbrhefwG0wnFeDjYhCXJgWbkK82%2BPtMnwLksYpUL2M4CG0imdNaz0CANVzNRF%2BAPSu1MDHuNOQfKRZLzp10cVh%2BVLB%2FqUPEyDqXYsasiz1RebvkW8nk8kRGrEwQTPYe%2FpqZe7KnO4Nz1zj3MyUzgZUar5neWxNnTEcj8iPp%2Bd9mNVmmZdjNZAb7EtDeHsPOGq1iMXiBBgCCONx2mstXIs6ljWR3OcBZ%2FN50oYfPRT%2FYFS3kID5nyEh6iKgU8VFIV%2BqHnoF7BRxQyPbfOODyyWgswWcWdVFblyKK209nvBU4YteOfnPEveT5P5GR8c%2Fkwvpnd5r%2Fdj28mnWJZZqPH9%2BPbyd27Tx2weDFapqywcE%2FwRLejDpRfFofMS8iUI%2FrzDM6poGqaFZASRy%2FgqDM8HJKzWMJlZLOGNrqnl%2FTS8ccTYtNLl7hX1z4ZX9seubi6uLyw%2BpPrwLvqLOc1mkg%2FNh31efSCBZ0sYZPPctNZgOeN9E3AmX6yr%2BHfict3CqzcQAwfjSJPcj1b5aVQoxftqptOUwKOXprnpgN7VBhsRisZapFYzYAEF6mfzTK1mhVlvGR8Das3g01nXhSjF%2FiZqaqEWKIJM42BdgCUeAl2%2B%2BXu7pe3V7Ob24cP76%2FG72a%2F3Uyu7ma3d7eXV586L1EKi7OSpWrzs6n9l6W6wEAMAfgOEYUIhWsxh829YPnU8GhcYdgEZMH7GSLrDHF1hqg6Q0ydIaLOEE9niKYzxNIZIukMcYTVKyAJXBCgdG4e7oFogjWb1%2BE30YR6A56AawsSoCCmsIxGVJ1pTKGrH6mPuDoWQmyZQyjOjtCFR2zxZTZTxwiD%2Be%2FCGG6A8ML1GpyhSp%2Fx9RBrGCEAbb%2BXXvDEbZ%2FQ4q1VbIc4nGkwZx40HlvcoXyLPKAC9lrxBnX62hv8tfQ9AvWOLQZhErCGlAMcNsRZi54tFpEKaERr%2Fx4edT2yV2zbJ22AXJWMP8EGGpt5qnheSj2GCsCh1KMBFNHcBanLi4fbvZ14H0h%2FxnAML5kCNWf6RtGUDYUVM4aa3U574x0PRyssuWXtKPpGDtdGreZN98bzOoPjY2n%2BCAkqTEDXJEYJ3HiDCeMaBlfbFNRmC13O3y1lWcZIbXIGZwWWG%2Bo%2FrV23ctPeH3V%2FXSbC2XOafF8VndbP92VeyLJa%2F03i%2FduuLwXz%2Bo7lC8uDSnhg2Y4DBbK5%2BaT9mOkGBS6skvM1joG2yEVTTslMaMu1ZUgkWVWXUhCO%2FY%2FEnrcFNhwOkikm5n0jiRGoiGGwq6%2BeF1DObUsqLNJ2YtPe6dpQRp0AKVZXGYMWXbSlACvBrIkc16BviZ30I2CQ22BK6AAEFFSu6DskdKhFpBtwKSIuLTvURcmh6LaugUpOSgO8kC%2FiAybdo3MeCTqgPulTARHDDiIS2n2bcDcIOO%2FLvkf7e5Xu63ACZ0DzQ4NCKFR5rmE7Q6sPfeWp5oidw63PWZZJI2WAUCORcs%2F%2BIHmeCVaud3KPey3x24CmvZjCZ1LYfY8wz8Y2qB%2FCSA6IM7AogyKah%2BiG5sk2m91S2%2Fb6pIM2FFsrI66gYS4ghRgp%2BLRRLVhmWEYaJwlcqFFCXsgZXO4STsPWup7rGgtZSpCqFtJg4D%2FgRgZL0Qm7%2B8N92OIoq0Bo1lJ34bCd3n%2BLidVELtHAOg%2FOtwzobzP8PIPBGp6nn0yA9GuMRfmjmQLw1itW8QVeNs48NLAE5oO5ZqpdHvMUeC0er4nDOmprhLiBCDzAAvG9QBDLkjYZCMsmlFpBJANGaUi3Am21fbRLEqcxBi233fFOf%2FLZKr6FQF6XOjdAaDHaoBiWLBP3bRxuwNrEnSYn7k22%2B35yz6qFdsumxzptbCIWlxkU0QQukhzcKNneKGlvkTS3SEKZySiuSNONH%2B502qd%2B1Xi9lgbQCei%2BRp3c9HmLg5MNmUjjLNZREAHwFYNGyNb99gvX6uuJG6GnIp8KGTghhAkZNXBgTkSx3bOswLUCH5qITw12Wzi8njVm9%2FtdWvMPX2%2B3rb9MtoXMsdd8%2BfJlj0nkvS8htZbr900VAvrF28QJk5jTWPkksQW%2FTPJa3JVzDXKLThzLtj3P9q6vPX9Ax%2B6ATtzJX8YiD8F75ojDk9LDbGsPsy0%2Bjou07y8%2BIHOx41LjcCVsX3U0xoD1HbHYGBpfhXw8%2BvGFtcRLXZIcECvJkrhO8Ygyw4iIn1XMphSPkwNebc0N5nwRs%2Ftc6cDYxrVEMtEG0v%2BZy%2Boa4Q93%2F8FfajabfwM%3D\" class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"are-150-year-olds-collecting-social-security-musk-claims-what-to-know--hero\" title=\"Video: Are 150-year-olds collecting social security? What to know about Musk's claims\" data-sort-time=\"1740182760000\" data-update-time=\"1740182760000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\"><use xlink:href=\"#player-icon-close\"\/><\/svg><\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\"><a href=\"https:\/\/www.cbsnews.com\/video\/are-150-year-olds-collecting-social-security-musk-claims-what-to-know\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\"><use xlink:href=\"#icon-video\"\/><\/svg><\/span><\/p>\n<p>          <span class=\"embed__headline\">Are 150-year-olds collecting social security? What to know about Musk&#8217;s claims<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">05:26<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>More than 1.1 million people with public pensions \u2014 teachers, firefighters, police officers and the like \u2014 have recently received retroactive benefits due to the Social Security Fairness Act, the Social Security Administration said on Tuesday.\u00a0<\/p>\n<p>The SSA said it is continuing to pay the retroactive benefits to eligible Social Security beneficiaries, whose monthly payments will increase beginning in April, reflecting March&#8217;s benefit.\u00a0<\/p>\n<p>The monthly benefit adjustment and retroactive payments are due to a law signed in January by\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/social-security-fairness-act-signed-by-president-biden\/\" data-invalid-url-rewritten-http=\"\">former President Biden<\/a><\/span>, who said it would mean an average monthly increase of $360 for more than 2.5 million Social Security recipients.<\/p>\n<h2>What is the average Social Security retroactive payment?<\/h2>\n<p>The retroactive payments are due to the law&#8217;s elimination of two federal\u00a0<a href=\"https:\/\/www.ssa.gov\/pubs\/EN-05-10045.pdf\" target=\"_blank\" rel=\"nofollow noopener\">policies<\/a>\u00a0that barred employees with a public pension from collecting their full benefits under the federal retirement program. Those same policies also\u00a0<a href=\"https:\/\/www.ssa.gov\/pubs\/EN-05-10007.pdf\" target=\"_blank\" rel=\"nofollow noopener\">reduced<\/a>\u00a0benefits for such workers&#8217; surviving spouses and family members.\u00a0<\/p>\n<p>Under the new law, the benefits hike is retroactive to December 2023. As a result, eligible recipients who previously only received partial benefits will get a full payment retroactive to a year ago.\u00a0<\/p>\n<p>The average retroactive payment through March 4 is $6,710, the SSA said on Tuesday.\u00a0<\/p>\n<p>About 1.13 million people have received a combined $7.5 billion in retroactive payments through March 4, it added.\u00a0<\/p>\n<h2>How much will Social Security payments increase?<\/h2>\n<p>The change in payment amount going forward will depend on the type of benefit and pension, and will vary from person to person.\u00a0<\/p>\n<p>&#8220;Some people&#8217;s benefits will increase very little, while others may be eligible for over $1,000 more each month,&#8221; the Social Security Administration has <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/social-security-payment-fairness-act-2025\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">previously stated.<\/a><\/span>\u00a0<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \"\/><!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/aimee-picchi\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Aimee Picchi<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/social-security-fairness-act-retroactive-payments-average-amount-benefit-2025\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are 150-year-olds collecting social security? Are 150-year-olds collecting social security? What to know about Musk&#8217;s claims 05:26 More than 1.1<\/p>\n","protected":false},"author":1,"featured_media":10460,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[745,744],"class_list":["post-10459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-social-security","tag-social-security-administration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Social Security says it&#039;s paid more than 1 million retroactive payments. 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150-year-olds collecting social security? 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