The Social Security 2100 Act makes several changes to Social Security benefits over the next decade, with most changes applying from 2025 through 2034. Here's what it does:

**Benefit Increases for Long-Term Recipients**: Starting in 2025, people who have been receiving Social Security for at least 16 years will get an extra boost to their monthly checks. The increase starts small (around 1% for those who've been receiving benefits the longest) and grows over time. This is designed to help people who've been retired for many years keep up with the cost of living.

**Minimum Benefit Boost**: The bill creates a new minimum benefit for people with more than 10 years of work history, ensuring their Social Security checks don't fall below a certain level tied to the poverty guideline. This helps lower-income workers get a more adequate retirement benefit.

**Better Cost-of-Living Adjustments**: The bill changes how Social Security adjusts benefits for inflation. Instead of using the standard inflation measure, it will use whichever inflation index is higher—one for urban workers or one specifically for elderly people. This means seniors could get larger annual increases if prices rise faster for things they typically buy.

**Caregiver Credits**: People who spend at least 960 hours per year caring for young children (under 12) or disabled relatives without pay can now get credit toward their Social Security benefits. Up to five years of caregiving can count, which helps people who left the workforce to care for family members build up their retirement benefits.

**Tax Changes on Benefits**: The bill modifies how much Social Security income counts as taxable income for higher-earning retirees, though the changes are temporary and only apply through 2034. Revenue from taxing Social Security benefits will be redirected to the Social Security trust fund to help shore up its finances.

Social Security 2100 Act

Blumenthal, Richard

Social Security 2100 Act This bill modifies the Social Security system, particularly with respect to benefit calculations, fund administration, and beneficiary resources. For example, the bill temporarily increases the primary insurance amount for Social Security benefits for all individuals (from 90% of a certain portion of average indexed monthly earnings to 93%). It also modifies benefit calculations for certain individuals, including by temporarily (1) increasing benefits for widows or widowers in two-income households; and (2) allowing children of a deceased, disabled, or retired worker to remain eligible for benefits through age 25 if they are full-time students. Additionally, the bill temporarily eliminates (1) the government pension offset, which reduces Social Security benefits for spouses, widows, and widowers who also receive government pensions of their own; and (2) the windfall elimination provision, which reduces Social Security benefits for individuals who also receive a pension or disability benefit from an employer that did not withhold Social Security taxes. The bill also modifies the financing and administration of the Social Security trust funds. For example, the bill (1) subjects income over $400,000 to Social Security payroll taxes, and (2) combines the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund into a single Social Security Trust Fund. Finally, the bill establishes requirements relating to Social Security services and resources, including by prohibiting the closure of field offices unless certain conditions are met (e.g., public hearings).