The PROMISE Act of 2026 would create a process to develop and consider changes aimed at keeping the Social Security trust funds able to pay all scheduled benefits for at least 50 years. It directs the Social Security Advisory Board to gather public input and send Congress recommendations and proposed legislative language by September 14, 2026. Congress would then use special procedures to consider a Social Security measure. The bill also provides for later reviews if trustees report that the trust funds cannot meet the 50-year goal.
The bill itself does not change Social Security benefits, taxes, or eligibility. It sets up a process for Congress to consider future changes affecting Social Security and related programs. The text does not say what those future changes would be.
The bill text provides no cost estimate or funding amount. It directs federal agencies to provide requested technical and administrative support to the Advisory Board.
No publicly available information.
No publicly available information.