Social Security 2100 Act

I 116TH CONGRESS 1ST SESSION H. R. 860 To protect our Social Security system and improve benefits for current and future generations. IN THE HOUSE OF REPRESENTATIVES JANUARY 30, 2019 Mr. LARSON of Connecticut (for himself, Ms. ADAMS, Mr. AGUILAR, Ms. BARRAGA´N, Ms. BASS, Mrs. BEATTY, Mr. BERA, Mr. BEYER, Mr. BISHOP of Georgia, Mr. BLUMENAUER, Ms. BLUNT ROCHESTER, Ms. BONAMICI, Mr. BRENDAN F. BOYLE of Pennsylvania, Ms. BROWNLEY of California, Mr. BROWN of Maryland, Mrs. BUSTOS, Mr. BUTTERFIELD, Mr. CARBAJAL, Mr. CA´RDENAS, Mr. CARSON of Indiana, Mr. CART- WRIGHT, Mr. CASE, Mr. CASTEN of Illinois, Ms. CASTOR of Florida, Mr. CASTRO of Texas, Ms. JUDY CHU of California, Mr. CICILLINE, Mr. CISNEROS, Ms. CLARK of Massachusetts, Ms. CLARKE of New York, Mr. CLAY, Mr. CLEAVER, Mr. CLYBURN, Mr. COHEN, Mr. CONNOLLY, Mr. CORREA, Mr. COURTNEY, Mr. COX of California, Mrs. CRAIG, Mr. CROW, Mr. CUELLAR, Mr. CUMMINGS, Ms. DAVIDS of Kansas, Mr. DANNY K. DAVIS of Illinois, Mrs. DAVIS of California, Ms. DEAN, Mr. DEFAZIO, Ms. DEGETTE, Ms. DELAURO, Ms. DELBENE, Mrs. DEMINGS, Mr. DESAULNIER, Mr. DEUTCH, Mrs. DINGELL, Mr. DOGGETT, Mr. MI- CHAEL F. DOYLE of Pennsylvania, Mr. ENGEL, Ms. ESCOBAR, Ms. ESHOO, Mr. ESPAILLAT, Mr. EVANS, Mr. FOSTER, Ms. FRANKEL, Ms. FUDGE, Ms. GABBARD, Mr. GALLEGO, Mr. GARCI´A of Illinois, Ms. GAR- CIA of Texas, Mr. GARAMENDI, Mr. GOLDEN, Mr. GOMEZ, Mr. GON- ZALEZ of Texas, Mr. GREEN of Texas, Mr. GRIJALVA, Ms. HAALAND, Mr. HASTINGS, Mrs. HAYES, Mr. HECK, Mr. HIGGINS of New York, Ms. HILL of California, Mr. HIMES, Ms. KENDRA S. HORN of Oklahoma, Mr. HORSFORD, Ms. HOULAHAN, Mr. HUFFMAN, Ms. JACKSON LEE, Ms. JAYAPAL, Mr. JEFFRIES, Ms. JOHNSON of Texas, Mr. JOHNSON of Geor- gia, Ms. KAPTUR, Mr. KEATING, Ms. KELLY of Illinois, Mr. KENNEDY, Mr. KHANNA, Mr. KILDEE, Mr. KILMER, Mr. KIM, Mrs. KIRKPATRICK, Ms. KUSTER of New Hampshire, Mr. LAMB, Mr. LANGEVIN, Mr. LARSEN of Washington, Mrs. LAWRENCE, Mr. LAWSON of Florida, Ms. LEE of California, Mr. LEVIN of Michigan, Mr. LEVIN of California, Mr. LEWIS, Mr. TED LIEU of California, Ms. LOFGREN, Mr. LOWENTHAL, Mr. LUJA´N, Mr. LYNCH, Mr. MALINOWSKI, Mrs. CAROLYN B. MALONEY of New York, Mr. SEAN PATRICK MALONEY of New York, Ms. MATSUI, Ms. MCCOLLUM, Mr. MCEACHIN, Mr. MCGOVERN, Mr. MCNERNEY, Mr. VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6652 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 2 •HR 860 IH MEEKS, Ms. MENG, Ms. MOORE, Mr. MORELLE, Mr. MOULTON, Ms. MUCARSEL-POWELL, Mr. NADLER, Mrs. NAPOLITANO, Mr. NEAL, Mr. NEGUSE, Mr. NORCROSS, Ms. NORTON, Ms. OCASIO-CORTEZ, Ms. OMAR, Mr. PALLONE, Mr. PANETTA, Mr. PAPPAS, Mr. PASCRELL, Mr. PAYNE, Mr. PERLMUTTER, Mr. PETERSON, Ms. PINGREE, Ms. PLASKETT, Mr. POCAN, Ms. PORTER, Ms. PRESSLEY, Mr. PRICE of North Carolina, Mr. QUIGLEY, Mr. RASKIN, Miss RICE of New York, Mr. RICHMOND, Mr. ROUDA, Ms. ROYBAL-ALLARD, Mr. RUIZ, Mr. RUPPERSBERGER, Mr. RUSH, Mr. RYAN, Mr. SABLAN, Ms. SA´NCHEZ, Mr. SARBANES, Ms. SCANLON, Ms. SCHAKOWSKY, Mr. SCHIFF, Ms. SCHRIER, Mr. SCOTT of Virginia, Mr. DAVID SCOTT of Georgia, Mr. SERRANO, Ms. SEWELL of Alabama, Ms. SHALALA, Mr. SHERMAN, Mr. SIRES, Mr. SMITH of Wash- ington, Mr. SOTO, Mr. SUOZZI, Ms. SPEIER, Mr. STANTON, Ms. STE- VENS, Mr. SWALWELL of California, Mr. TAKANO, Mr. THOMPSON of Mississippi, Mr. THOMPSON of California, Ms. TITUS, Ms. TLAIB, Mr. TONKO, Mrs. TORRES of California, Mrs. TRAHAN, Mr. TRONE, Ms. UNDERWOOD, Mr. VARGAS, Mr. VEASEY, Mr. VELA, Ms. VELA´ZQUEZ, Ms. WASSERMAN SCHULTZ, Ms. WATERS, Mrs. WATSON COLEMAN, Mr. WELCH, Ms. WEXTON, Ms. WILD, Ms. WILSON of Florida, and Mr. YAR- MUTH) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provi- sions as fall within the jurisdiction of the committee concerned A BILL To protect our Social Security system and improve benefits for current and future generations. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Social Security 2100 4 Act’’. 5 SEC. 2. TABLE OF CONTENTS. 6 The table of contents for this Act is as follows: 7 Sec. 1. Short title. Sec. 2. Table of contents. VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6211 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 3 •HR 860 IH TITLE I—STRENGTHENING BENEFITS Sec. 101. Across-the-board benefit increase. Sec. 102. More accurate cost-of-living adjustment for Social Security bene- ficiaries. Sec. 103. Increase in minimum benefit for lifetime low earners based on years in the workforce. Sec. 104. Increase in threshold amounts and rate for inclusion of Social Secu- rity benefits in income. Sec. 105. Holding SSI, Medicaid, and CHIP beneficiaries harmless. TITLE II—STRENGTHENING THE TRUST FUND Sec. 201. Determination of wages and self-employment income above contribu- tion and benefit base after 2019. Sec. 202. Inclusion of earnings over $400,000 in Social Security benefit for- mula. Sec. 203. Adjustment to the Social Security insurance contribution. Sec. 204. Social Security Trust Fund established. TITLE I—STRENGTHENING 1 BENEFITS 2 SEC. 101. ACROSS-THE-BOARD BENEFIT INCREASE. 3 (a) IN GENERAL.—Section 215(a)(1)(A)(i) of the So- 4 cial Security Act (42 U.S.C. 415(a)(1)(A)(i)) is amended 5 by striking ‘‘90 percent’’ and inserting ‘‘93 percent’’. 6 (b) EFFECTIVE DATE.— 7 (1) IN GENERAL.—The amendment made by 8 subsection (a) shall apply with respect to monthly 9 insurance benefits payable for any month after De- 10 cember 2019. 11 (2) RECOMPUTATION OF PRIMARY INSURANCE 12 AMOUNTS.—Notwithstanding section 215(f) of the 13 Social Security Act, the Commissioner of Social Se- 14 curity shall recompute primary insurance amounts 15 originally computed for months prior to January 16 VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 4 •HR 860 IH 2020 to the extent necessary to carry out the 1 amendments made by this section. 2 SEC. 102. MORE ACCURATE COST-OF-LIVING ADJUSTMENT 3 FOR SOCIAL SECURITY BENEFICIARIES. 4 (a) IN GENERAL.—Section 215(i)(1) of the Social Se- 5 curity Act (42 U.S.C. 415(i)(1)) is amended by adding 6 at the end the following new subparagraph: 7 ‘‘(H) the term ‘Consumer Price Index’ means 8 the Consumer Price Index for Elderly Consumers 9 (CPI–E, as published by the Bureau of Labor Sta- 10 tistics of the Department of Labor).’’. 11 (b) APPLICATION TO PRE-1979 LAW.— 12 (1) IN GENERAL.—Section 215(i)(1) of the So- 13 cial Security Act as in effect in December 1978, and 14 as applied in certain cases under the provisions of 15 such Act as in effect after December 1978, is 16 amended by adding at the end the following new 17 subparagraph: 18 ‘‘(D) the term ‘Consumer Price Index’ means 19 the Consumer Price Index for Elderly Consumers 20 (CPI–E, as published by the Bureau of Labor Sta- 21 tistics of the Department of Labor).’’. 22 (2) CONFORMING CHANGE.—Section 215(i)(4) 23 of the Social Security Act (42 U.S.C. 415(i)(4)) is 24 VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 5 •HR 860 IH amended by inserting ‘‘and by section 102 of the So- 1 cial Security 2100 Act’’ after ‘‘1986’’. 2 (c) NO EFFECT ON ADJUSTMENTS UNDER OTHER 3 LAWS.—Section 215(i) of the Social Security Act (42 4 U.S.C. 415(i)) is amended by adding at the end the fol- 5 lowing: 6 ‘‘(6) Any provision of law (other than in this title, 7 title VIII, or title XVI) which provides for adjustment of 8 an amount based on a change in benefit amounts resulting 9 from a determination made under this subsection shall be 10 applied and administered without regard to the amend- 11 ments made by subsections (a) and (b) of section 102 of 12 the Social Security 2100 Act.’’. 13 (d) PUBLICATION OF CONSUMER PRICE INDEX FOR 14 ELDERLY CONSUMERS.—The Bureau of Labor Statistics 15 of the Department of Labor shall prepare and publish an 16 index for each calendar month to be known as the ‘‘Con- 17 sumer Price Index for Elderly Consumers’’ that indicates 18 changes over time in expenditures for consumption which 19 are typical for individuals in the United States who have 20 attained age 62. 21 (e) EFFECTIVE DATE.—The amendments made by 22 this section shall apply to determinations made with re- 23 spect to cost-of-living computation quarters (as defined in 24 section 215(i)(1)(B) of the Social Security Act (42 U.S.C. 25 VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 6 •HR 860 IH 415(i)(1)(B))) ending on or after September 30 of the cal- 1 endar year in which this Act is enacted. 2 SEC. 103. INCREASE IN MINIMUM BENEFIT FOR LIFETIME 3 LOW EARNERS BASED ON YEARS IN THE 4 WORKFORCE. 5 (a) IN GENERAL.—Section 215(a)(1) of the Social 6 Security Act (42 U.S.C. 415(a)(1)) is amended— 7 (1) by redesignating subparagraph (D) as sub- 8 paragraph (E); and 9 (2) by inserting after subparagraph (C) the fol- 10 lowing new subparagraph: 11 ‘‘(D)(i) Effective with respect to the benefits of indi- 12 viduals who become eligible for old-age insurance benefits 13 or disability insurance benefits (or die before becoming so 14 eligible) after 2019, no primary insurance amount com- 15 puted under subparagraph (A) may be less than the great- 16 er of— 17 ‘‘(I) the minimum monthly amount computed 18 under subparagraph (C); or 19 ‘‘(II) in the case of an individual who has more 20 than 10 years of work (as defined in clause (iv)(I)), 21 the alternative minimum amount determined under 22 clause (ii). 23 ‘‘(ii)(I) The alternative minimum amount determined 24 under this clause is the applicable percentage of 1⁄12 of 25 VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 7 •HR 860 IH the annual dollar amount determined under clause (iii) for 1 the year in which the amount is determined. 2 ‘‘(II) For purposes of subclause (I), the applicable 3 percentage is the percentage specified in connection with 4 the number of years of work, as set forth in the following 5 table: 6 ‘‘If the number of years The applicable of work is: percentage is: 11 ...................................................................................... 6.25 percent 12 ...................................................................................... 12.50 percent 13 ...................................................................................... 18.75 percent 14 ...................................................................................... 25.00 percent 15 ...................................................................................... 31.25 percent 16 ...................................................................................... 37.50 percent 17 ...................................................................................... 43.75 percent 18 ...................................................................................... 50.00 percent 19 ...................................................................................... 56.25 percent 20 ...................................................................................... 62.50 percent 21 ...................................................................................... 68.75 percent 22 ...................................................................................... 75.00 percent 23 ...................................................................................... 81.25 percent 24 ...................................................................................... 87.50 percent 25 ...................................................................................... 93.75 percent 26 ...................................................................................... 100.00 percent 27 ...................................................................................... 106.25 percent 28 ...................................................................................... 112.50 percent 29 ...................................................................................... 118.75 percent 30 or more ........................................................................ 125.00 percent. ‘‘(iii) The annual dollar amount determined under 7 this clause is— 8 ‘‘(I) for calendar year 2020, the poverty guide- 9 line for 2019; and 10 ‘‘(II) for any calendar year after 2020, the an- 11 nual dollar amount for 2020 multiplied by the ratio 12 of— 13 VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6201 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 8 •HR 860 IH ‘‘(aa) the national average wage index (as 1 defined in section 209(k)(1)) for the second cal- 2 endar year preceding the calendar year for 3 which the determination is made, to 4 ‘‘(bb) the national average wage index (as 5 so defined) for 2018. 6 ‘‘(iv) For purposes of this subparagraph— 7 ‘‘(I) the term ‘year of work’ means, with re- 8 spect to an individual, a year to which 4 quarters of 9 coverage have been credited based on such individ- 10 ual’s wages and self-employment income; and 11 ‘‘(II) the term ‘poverty guideline for 2019’ 12 means the annual poverty guideline for 2019 (as up- 13 dated annually in the Federal Register by the De- 14 partment of Health and Human Services under the 15 authority of section 673(2) of the Omnibus Budget 16 Reconciliation Act of 1981) as applicable to a single 17 individual.’’. 18 (b) RECOMPUTATION.—Notwithstanding section 19 215(f)(1) of the Social Security Act, the Commissioner of 20 Social Security shall recompute primary insurance 21 amounts originally computed for months prior to Novem- 22 ber 2019 to the extent necessary to carry out the amend- 23 ments made by this section. 24 VerDate Sep 11 2014 23:54 Feb 07, 2019 Jkt 089200 PO 00000 Frm 00008 Fmt 6652 Sfmt 6201 E:\BILLS\H860.IH H860 kjohnson on DSK79L0C42 with BILLS 9 •HR 860 IH (c) CONFORMING AMENDMENT.—Section 209(k)(1) 1 of such Act (42 U.S.C. 409(k)(1)) is amended by inserting 2 ‘‘215(a)(1)(E),’’ after ‘‘215(a)(1)(D),’’. 3 SEC. 104. INCREASE IN THRESHOLD AMOUNTS AND RATE 4 FOR INCLUSION OF SOCIAL SECURITY BENE- 5 FITS IN INCOME. 6 (a) IN GENERAL.—Subsection (a) of section 86 of the 7 Internal Revenue Code of 1986 is amended to read as fol- 8 lows: 9 ‘‘(a) IN GENERAL.—Gross income for the taxable 10 y [Text truncated for display. Full text available on Congress.gov.]