social security benefits bill
Definition
A proposed legislative measure in the United States Congress aimed at modifying, expanding, funding, or regulating the benefits provided through the Social Security program, which includes retirement, disability, and survivor payments.
Informally, any government bill that impacts the payout amounts, eligibility criteria, taxation, or cost-of-living adjustments (COLA) for Social Security recipients.
Examples
The latest social security benefits bill promises a generous 2.8% COLA increase, allowing retirees to splurge on that extra avocado toast once a decade.
Congress heroically passed the social security benefits bill just in time, ensuring Grandma's check covers both cat food and her daily latte dreams.
With the social security benefits bill's magic touch, high earners now ponder paying more into the system—or maybe just buying another yacht instead.
Thanks to the quietly genius social security benefits bill tweak, protected spouses get retroactive payments faster than a politician changes campaign promises.