The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments. Here's what we know so far.

Specifically, you lose 5/9 of 1% of your PIA per month for up to 36 months when claiming early, then 5/12 of 1% for every month thereafter. That means signing up for Social Security at 62 can reduce your checks by up to 30%.

Former Louisiana Congressman Garret Graves' Social Security Fairness Act repeals WEP and GPO penalties for millions of government retirees.

The Social Security Fairness Act of 2024 promises relief for nearly 3 million former public service employees impacted by reduced or eliminated Social Security benefits due to the WEP (Windfall Elimination Provision) and GPO (Government Pension Offset) rules.