[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 5178 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 5178

 To amend title II of the Social Security Act to update the amount of 
   Social Security lump sum death payments and index lump sum death 
                         payments to inflation.


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                   IN THE SENATE OF THE UNITED STATES

                           September 25, 2024

  Mr. Welch (for himself, Ms. Warren, and Mr. Sanders) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

_______________________________________________________________________

                                 A BILL


 
 To amend title II of the Social Security Act to update the amount of 
   Social Security lump sum death payments and index lump sum death 
                         payments to inflation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Social Security Survivor Benefits 
Equity Act''.

SEC. 2. UPDATING AND INDEXING THE AMOUNT OF THE SOCIAL SECURITY LUMP 
              SUM DEATH PAYMENT.

    (a) In General.--Section 202(i) of the Social Security Act (42 
U.S.C. 402(i)) is amended, in the matter preceding paragraph (1), by 
striking ``three times'' and all that follows through ``smaller,'' and 
inserting ``$2,900 (or, in the case of such an insured individual who 
dies in a calendar year after 2025, an amount equal to $2,900 increased 
by the percentage increase in the Consumer Price Index for Urban Wage 
Earners and Clerical Workers for the period that begins with October 
2024 and ends with October of the calendar year preceding the calendar 
year involved and rounded to the nearest multiple of $10)''.
    (b) Effective Date.--The amendment made by this section shall take 
effect on January 1, 2025, and shall apply to lump sum death payments 
payable under section 202(i) of the Social Security Act (42 U.S.C. 
402(i)) with respect to individuals who die on or after such date.
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