Legislation to Boost Social Security in the 117th Congress
SAFE Social Security Act
Sen. Brian Schatz
Would update and modernize Social Security benefits and extend the solvency of the Social Security Trust Funds to the year 2050.
Social Security 2100 Act: A Sacred Trust
Rep. John Larson
Strengthens Social Security’s financing and provides additional funding to improve benefits by applying the payroll tax on wages of $400,000 and greater. Provides for an across-the-board increase for all beneficiaries, adopts the Consumer Price Index for Elderly Consumers (CPI-E), and expands the special minimum benefit.
Social Security Fairness Act
S. 1302 H.R. 82
Sen. Sherrod Brown/Rep. Rodney Davis
Would repeal both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions of the Social Security Act which unfairly prevent millions of Americans including teachers, firefighters, and police officers, from receiving the Social Security benefits that they have earned.
Fair COLA for Seniors Act
Requires the use of the Consumer Price Index for the Elderly for the purpose of determining cost-of-living adjustments for a broad array of Federal retirement programs, including Social Security. Using the CPI-E will ensure that benefits for retirees are not diminished by rising costs in the goods and services that seniors disproportionately consume.