Bill > S5178

This bill, the Social Security Survivor Benefits Equity Act, aims to update the amount of the Social Security lump sum death payment and index it to inflation. Specifically, the bill proposes to increase the lump sum death payment from the current level of three times the monthly benefit amount or $255, whichever is smaller, to a fixed amount of $2,900 starting in 2025. Additionally, the bill would index the $2,900 payment to the Consumer Price Index for Urban Wage Earners and Clerical Workers, ensuring that the payment keeps pace with inflation in the future. These changes are intended to provide more equitable and updated survivor benefits for the families of deceased Social Security recipients.

Budget and Finance

https://www.congress.gov/bill/118th-congress/senate-bill/5178/all-info