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United States Congress

Social Security Expansion Act

February 13, 2023

Summary

The Social Security Expansion Act would increase Social Security benefits across the board by raising the first bend point percentage and adjusting bend point amounts, and would use the CPI-E for cost-of-living adjustments. It also establishes a new minimum benefit for lifetime low earners based on years in the workforce. The bill is proposed and not yet enacted.

Source: https://www.congress.gov/bill/118th-congress/s-bill/393

Common questions

What does "Social Security Expansion Act" cover?
The Social Security Expansion Act would increase Social Security benefits across the board by raising the first bend point percentage and adjusting bend…
Which agency issued this update?
This update was issued by United States Congress.
When was it published?
It was published on February 13, 2023.

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