Full Social Security Benefits Guarantee Act

The Full Social Security Benefits Guarantee Act (S. 806) would require the Department of the Treasury to issue a physical certificate to every person receiving or applying for Social Security benefits. This certificate would serve as a legally enforceable guarantee that the individual will receive their calculated monthly benefit amount for life. Additionally, the bill mandates that these benefits must be adjusted annually to account for inflation and cost-of-living increases, ensuring that the purchasing power of the payments is protected by law.