The Social Security Administration (SSA) has confirmed there will be no additional increase in Social Security benefits in April 2025. The 2.5% Cost-of-Living Adjustment (COLA) that took effect in January 2025 remains the only increase for the year. This comes after the passage of the Social Security Fairness Act, which repealed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
These provisions had reduced Social Security benefits for people with pensions from jobs not covered by Social Security. The repeal benefits over 3.2 million public service retirees, including teachers, firefighters, and police officers. They should have received retroactive payments by March 2025 and will see increased monthly payments starting in April.
Social Security is funded through payroll taxes: 6.2% paid by workers and 6.2% matched by employers, totaling 12.4% for self-employed individuals. These funds are deposited into the Social Security Trust Fund, which disburses retirement, disability, and survivor benefits. Here is the payment schedule for April 2025:
– If you started receiving benefits before May 1997.
– If your birthday falls between the 1st and 10th. – If your birthday falls between the 11th and 20th. – If your birthday falls between the 21st and 31st.
No increase confirmed for April 2025
Payments typically arrive on Wednesdays. If your payment is late, wait three business days before contacting the SSA.
If your payment is missing or incorrect:
1. Check your bank account or mail. 2.
Wait three business days after your payment date. 3. Call SSA at 1-800-772-1213 (TTY: 1-800-325-0778).
4. Visit your local SSA office if necessary. You can also log in to your My Social Security account at ssa.gov/myaccount to track your payment history and benefit details.
While there are long-term funding challenges, the SSA trust fund is projected to be solvent through at least 2035, though full benefits may not be guaranteed without legislative changes. For more information, visit the Social Security Administration’s official resources or contact your local SSA office.
Image Credits: Photo by NORTHFOLK on Unsplash
