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This bill amends the Social Security Act to modify how benefits are calculated for individuals with noncovered employment (such as certain public employees). It creates an alternative benefit formula for those with less than 30 years of covered earnings who first become eligible after 2024, and provides an additional monthly payment of up to $150 for current beneficiaries whose benefits were reduced by the Windfall Elimination Provision. The changes take effect January 1, 2025, and aim to provide relief to public sector workers whose pensions from noncovered employment previously resulted in lower Social Security benefits.
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