Social Security 2100 Act

This bill would change Social Security benefits and taxes, mostly for the years 2027 through 2036. It would raise the benefit formula for all beneficiaries, base cost-of-living adjustments on whichever of two price indexes (CPI-W or a new index for people 62 and older) gives the higher increase, set a new minimum benefit for long-term low earners, and add increases for people receiving benefits for more than 15 years. It would raise the income levels at which Social Security benefits are taxed, give Social Security earnings credit to unpaid caregivers, end the 5-month waiting period for disability benefits, and extend child's benefits to students in college or trade school up to age 26. It would also remove the yearly earnings cap on wages subject to the Social Security payroll tax after 2026.

Full text and official record on Congress.gov

Sponsors

• John B. Larson Democrat sponsor
• 5 cosponsors