Bill > HR6079

This bill proposes to strengthen Social Security benefits by requiring the Secretary of the Treasury to issue a legally binding "benefit guarantee certificate" to every individual receiving Social Security benefits. These certificates would legally guarantee the monthly benefit amount as it exists at the time of issuance and ensure that benefits are adjusted annually based on an accurate cost-of-living calculation. The certificates would be automatically issued within 90 days of the Act's enactment to current Social Security recipients, and subsequently to new recipients as they become eligible. Importantly, these certificates would constitute a formal federal government obligation to pay the specified benefits, serving as a form of budget authority that legally commits the government to maintaining the promised benefit levels. The bill aims to provide recipients with greater certainty about their Social Security income by creating a more transparent and enforceable mechanism for benefit calculations and adjustments, potentially protecting recipients from unexpected reductions or inconsistent cost-of-living adjustments.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/6079/all-info