# 119-s-3462: Safeguarding American Families and Expanding Social Security Act of 2025

119-s-3462, Safeguarding American Families and Expanding Social Security Act of 2025, is a 119th Congress bill sponsored by Sen. Schatz, Brian [D-HI] (D-HI); status introduced; PRIA reads it as touching household money (as of 2026-08-06).

- Canonical: https://policyrisk.com/legislation/119-s-3462
- As of: 2026-08-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3462
- Congress: 119
- Title: Safeguarding American Families and Expanding Social Security Act of 2025
- Status: introduced
- Introduced: 2025-12-11
- Sponsor: Sen. Schatz, Brian [D-HI] (D-HI)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-08-06

## Summary

**Strengthening retirement security.** This bill would rewrite how Social Security counts and prices work earnings to boost benefits for lower earners and to change how pay above the payroll tax and benefit base is taxed and credited. - Retirees with low and middle lifetime earnings would get higher benefits because the bill overhauls the primary insurance amount (PIA) formula. The new PIA would raise the benefit shares for lower-earning years and explicitly fold surplus earnings into benefit calculations. - Workers who earn above the current contribution and benefit base would see those extra dollars treated differently for taxation and for benefit credits. The bill creates a surplus earnings framework that reweights how above-base earnings contribute to benefits and taxes. - Cost-of-living adjustments for beneficiaries would be set using a newly defined Consumer Price Index for Elderly Consumers (CPI-EC). The Bureau of Labor Statistics would publish that index and the bill includes year-by-year schedules and phase-in timings to implement the changes.

## Cosponsors (1)

- Sen. Fetterman, John [D-PA] (D-PA), 2026-08-04T00:00:00.000Z

## Provisions PRIA read

- Higher Social Security benefits for retirees: benefit, high. This bill would change how Social Security benefits are calculated to raise some monthly checks. The first PIA bend point would be set at $6,300 for people first eligible in 2026 and then rise with wages for later eligibles, with extra percentage increases for people first eligible after 2030. For…
- Lower Social Security tax on extra earnings: benefit, high. This bill would reduce how much of your earnings above the Social Security wage base count as taxable for Social Security purposes starting after 2025. The applicable share would be 80% in 2026, then drop by 20 percentage points each year in 2027–2029, and be 0% in 2030 and later. The rule applies…
- New price index for seniors' COLA: mixed, medium. This bill would require the Bureau of Labor Statistics to create a monthly Consumer Price Index for Elderly Consumers starting for months ending on or after June 30 of the year the law is enacted. If enacted, the Social Security Commissioner would use that new CPI‑EC to compute cost‑of‑living adjus…

## Related bills

- 119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-2823: FAMILY Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-4976: Native Children’s Commission Implementation Act of 2026

## Sources
- [119-s-3462 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3462)

## Related
- [119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3923)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-4976: Native Children’s Commission Implementation Act of 2026](https://policyrisk.com/legislation/119-s-4976)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3462 (as of 2026-08-06).