Bill · S. 3462· Senate(119-S-3462)
Safeguarding American Families and Expanding Social Security Act of 2025
- Introduced
- 12/11/2025
- Last activity
- 12/11/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Brian Schatz
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, titled the "Safeguarding American Families and Expanding Social Security Act of 2025," aims to improve retirement security for American families. It proposes increasing Social Security benefits for current and future beneficiaries while strengthening the system for future generations. The legislation changes how taxable wages and self-employment income are determined above the contribution and benefit base. It also adjusts the primary insurance amount formula and includes surplus earnings in benefit determinations. Additionally, the bill introduces a new "Consumer Price Index for Elderly Consumers" to compute cost-of-living increases.
Yes· 3 of 8
Would people over 65 be better off under this?+9
The bill increases monthly benefits and introduces a specialized cost-of-living index for elderly consumers.
Would retired people be better off under this?+9
The bill provides benefit increases and a more tailored cost-of-living adjustment via the Elderly Consumer Index.
Does this strengthen Social Security?+8
The bill increases benefits for low earners, includes surplus earnings, and adjusts cost-of-living calculations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Benefit for the Lowest Earners: The bill increases the percentage factor used for the lowest portion of earnings from 90 percent to 95 percent (Section 3(a)). This change would provide higher benefits for those in this earning bracket.
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Inclusion of Surplus Earnings: The bill allows for the inclusion of 5 percent of an individual's surplus average indexed monthly earnings in benefit determinations (Section 3(a)). This is intended to capture earnings that exceed the current contribution and benefit base.
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Benefit Adjustments for Existing Beneficiaries: The Commissioner of Social Security would recompute primary insurance amounts for individuals who became eligible before 2026, effective January 2026 (Section 3(c)).
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Improved Cost-of-Living Adjustments: The bill shifts the computation of cost-of-living increases to use a new "Consumer Price Index for Elderly Consumers" (Section 4(a)). This index is designed to track expenditures typical for individuals of early retirement age (Section 4(b)).
Potential Negative Impacts for People
- Changes to Taxable Wage Determination: The bill implements an "applicable percentage" for determining taxable wages and self-employment income that decreases over time (Section 2(a) and Section 2(b)). For 2026, this is 80 percent, decreasing by 20 percentage points annually through 2029, and reaching 0 percent by 2030.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Retirees+9Good For Seniors+9Good For Low Income Households+7Good For Middle Class Households+3Good For Young Adults+2
- Social Issues And Justice
- Improves Social Security+8
- Economy And Finance
- Reduces Small Business Taxes+5Improves Economic Growth+1
- 8/4/2026
- 1 Cosponsor added.
- 12/11/2025
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
John FettermanDemocrat · Pennsylvania