PROMISE Act of 2026 Protecting Retirement Opportunities and Maintaining...
A bill to establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.
This bill, SB4979, aims to create a method to ensure the long-term financial stability of two important funds: the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund. These funds are crucial for providing benefits to retirees, survivors, and those with disabilities.
The bill would impact millions of Americans who rely on these funds for their retirement, survivor, and disability benefits. By securing the funds' financial stability, it aims to protect these benefits for future generations.
As of July 14, 2026, the bill was introduced and referred to the Senate Committee on Finance for further review. It is in the early stages of the legislative process, and additional steps will be needed before it can become law.
