H.R. 6079: Social Security Guarantee Act of 2025

This bill, known as the Social Security Guarantee Act of 2025, proposes several key actions regarding Social Security benefits for individuals eligible under Title II of the Social Security Act. Below are the main points of the bill:

Issuance of Benefit Guarantee Certificates

Within 90 days of the bill's enactment, the Secretary of the Treasury is required to issue a benefit guarantee certificate to each individual deemed entitled to Social Security benefits. This certificate will be provided to:

• Current beneficiaries as determined by the Commissioner of Social Security at the time the bill is enacted.
• New beneficiaries as they become entitled to benefits in the future.

Contents of the Benefit Guarantee Certificate

The benefit guarantee certificate is a legally enforceable document that guarantees the following:

1. The specific monthly amount of benefits to which the individual is entitled as of the date the certificate is issued.
2. Adjustments to the benefits on at least an annual basis, which will be based on an accurate assessment of the individual's cost of living. This adjustment reflects any subsequent changes in the individual's eligibility status.

Federal Obligation

Any certificate issued will act as a commitment from the Federal Government, establishing an obligation to pay the individual the specified benefits under Title II of the Social Security Act. This commitment will adjust based on the terms outlined in the certificate.

Overall Impact

The bill aims to enhance the security and predictability of Social Security benefits by providing a formal guarantee that includes accurate annual cost-of-living adjustments. This change is intended to ensure that beneficiaries maintain their purchasing power and are adequately supported as their living costs change over time.

Relevant Companies

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