Enhances Social Security benefits for current and future beneficiaries and strengthens the program for future generations.

The Safeguarding American Families and Expanding Social Security Act of 2026 aims to improve retirement security by increasing Social Security benefits. It adjusts the computation of cost-of-living increases, recomputes primary insurance amounts for beneficiaries, and modifies the formula for determining primary insurance amounts. The bill also introduces a new Consumer Price Index for Elderly Consumers and adjusts the percentage factor for the lowest portion of earnings used to determine primary insurance amounts.

Enhances Social Security benefits for current and future beneficiaries and strengthens the program for future generations.

The Safeguarding American Families and Expanding Social Security Act of 2026 aims to improve retirement security by increasing Social Security benefits. It adjusts the computation of cost-of-living increases, recomputes primary insurance amounts for beneficiaries, and modifies the formula for determining primary insurance amounts. The bill also introduces a new Consumer Price Index for Elderly Consumers and adjusts the percentage factor for the lowest portion of earnings used to determine primary insurance amounts.