Bill · S. 5042· Senate(119-S-5042)
Social Security 2100 Act
- Introduced
- 7/21/2026
- Last activity
- 7/21/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Richard Blumenthal
- Cosponsors
- - 4 - 0
- Introduced
- In Committee
What this bill would do
The Social Security 2100 Act seeks to protect and improve the Social Security system for current and future generations. It proposes increasing benefit amounts, updating cost-of-living adjustments, and expanding eligibility for caregivers and children. The bill aims to strengthen the trust fund by removing wage base limitations and taxing certain investment income. Additionally, it focuses on improving service delivery, protecting beneficiary data, and limiting how the government recovers overpayments.
Yes· 3 of 32
Does this strengthen Social Security?+10
Protects and expands benefits, solvency, data privacy, and limits overpayment recovery rates.
Would people over 65 be better off under this?+9
Increases benefit amounts, improves COLA accuracy, protects data privacy, and raises the minimum benefit.
Would people with disabilities be better off under this?+9
Eliminates disability waiting periods, creates a gradual earnings offset, and ensures access considerations for office closures.
The opposite· 3 of 8
Would billionaires be better off under this?-10
Directly targets their income levels through the removal of the Social Security tax cap and investment taxes.
Would the very wealthiest people be better off under this?-9
Repeal of the wage base limit and new investment taxes heavily target this group.
Would people with substantial wealth be better off under this?-8
Targets high net worth individuals with new taxes on net investment income.
Who it would affect, and how
Potential Positive Impacts for People
- Across-the-board benefit increase: Increases the percentage used to compute benefits from 90 to 93 percent for years 2027 through 2036 (Section 101).
- More accurate cost-of-living adjustments: Uses the higher of the CPI-W or the CPI-E to better reflect costs for elderly consumers (Section 102).
- Higher minimum benefits: Provides an alternative minimum benefit for long-term low earners with more than 10 years of work (Section 103).
- Tax relief on benefits: Increases the base amount for including Social Security benefits in income to $35,000 for individuals and $50,000 for joint returns (Section 104).
- Improved survivor benefits: Increases benefits for widows and widowers in two-income households (Section 105).
- Long-term eligibility increases: Provides benefit increases for those eligible for at least 16 years (Section 106).
- Caregiver credits: Deems wages for individuals providing unpaid care to dependent relatives to help them qualify for higher benefits (Section 107).
- Faster disability benefits: Eliminates the 5-month waiting period for disability insurance benefits (Section 108).
- Flexible disability earnings: Establishes a gradual offset for disability beneficiaries with earnings instead of immediate termination (Section 109).
- Extended child benefits: Extends benefits for qualifying post-secondary school students up to age 26 (Section 110).
- Expanded access for children: Increases benefit access for children living with grandparents or other relatives (Section 111).
- Service accessibility: Prevents the closure or consolidation of field and hearing offices through a moratorium and strict future requirements (Section 302).
- Data privacy: Prohibits political appointees and special government employees from accessing beneficiary data systems and allows for civil damages for unauthorized access (Section 303).
- Protection Against Wrongful Account Invalidation: Allows individuals to sue for damages and injunctive relief, including a minimum payment of $5,000, if their Social Security number is wrongly rendered invalid (Sec. 304(a)(k)(3)).
- Limited Overpayment Recovery: Limits the reduction of monthly benefits to 10 percent for overpayments not caused by fraud or similar fault, unless the individual requests a higher rate (Sec. 305(a)).
- Guaranteed Physical Statements: Ensures people receive account statements by mail unless they choose electronic delivery (Sec. 307(a)).
- Updated Professional Representation Fees: Establishes a formula to update dollar amounts for professional representation agreements based on the national average wage index (Sec. 308(a)).
Potential Negative Impacts for People
- Increased payroll taxes: Repeals the limitation on the Social Security wage base for FICA and SECA, meaning higher earners pay taxes on all wages (Section 201).
- New taxes on investment: Applies a 12.4 percent Social Security tax to net investment income for those exceeding specific threshold amounts (Section 203).
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 People With Disabilities+9Good For Retirees+9Good For Seniors+9Good For Low Income Households+8Good For Children+7Good For Students+7Good For Women+7Good For Young Adults+6Good For Men+5Good For Middle Class Households+5Good For Rural Residents+5Good For Union Workers+5Good For African Americans+4Good For Hispanic Americans+4Good For Native Americans+4Good For Urban Residents+4Good For Asian Americans+3Good For Middle Aged+3Good For White Americans+2Good For Billionaires-10Good For Ultra High Net Worth Individuals-9Good For High Net Worth Individuals-8Good For High Income Households-7Good For Business Owners-4
- Social Issues And Justice
- Improves Social Security+10Improves Disability Rights+7Improves Poverty Reduction+6Improves Childcare Affordability+4Improves Gender Equality+3
- Governance And Ideology
- Improves Privacy Rights+9Improves Due Process+7Improves Government Transparency+6
- Education And Technology
- Improves Data Privacy+9
- Healthcare
- Improves Healthcare Access+2
- Economy And Finance
- Increases Wealthy Taxes+8Improves Fiscal Responsibility+4Reduces Middle Class Taxes+2Reduces Capital Gains Tax-5Reduces Government Spending-5Reduces Small Business Taxes-3
- 7/21/2026
- Read twice and referred to the Committee on Finance.
- 4 Cosponsors added.
- Introduced in Senate
9 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
- 119-HR-1876: Keeping Our Field Offices Open Act
- 119-HR-1877: Protecting Americans’ Social Security Data Act
- 119-HR-2999: To amend title II of the Social Security Act to provide that not more than 10 percent of a monthly benefit may be withheld on account of overpayments.
- 119-HR-5841: Boosting Benefits and COLAs for Seniors Act
- 119-HR-9519: Social Security 2100 Act
- 119-HR-10235: Protecting Our Widows and Widowers in Retirement Act
- 119-S-3059: Boosting Benefits and COLAs for Seniors Act
- 118-HR-4583 (not yet synced)
- 118-S-2280 (not yet synced)
Tammy DuckworthDemocrat · Illinois
Ben LujánDemocrat · New Mexico
Elissa SlotkinDemocrat · Michigan
Sheldon WhitehouseDemocrat · Rhode Island