Social Security 2100 Act

(D)

(i) Effective with respect to the benefits of individuals who become eligible for old-age insurance benefits or disability insurance benefits (or die before becoming so eligible) after 2026, no primary insurance amount computed under subparagraph (A) may be less than the greater of—

(I) the minimum monthly amount computed under subparagraph (C); or

(II) in the case of an individual who has more than 10 years of work (as defined in clause (iv)(I)), the alternative minimum amount determined under clause (ii).

(ii)

(I) The alternative minimum amount determined under this clause is the applicable percentage of 1/12 of the annual dollar amount determined under clause (iii) for the year in which the amount is determined.

(II) For purposes of subclause (I), the applicable percentage is the percentage specified in connection with the number of years of work, as set forth in the following table: If the number of yearsThe applicable of work is:percentage is: 116.25 percent 1212.50 percent 1318.75 percent 1425.00 percent 1531.25 percent 1637.50 percent 1743.75 percent 1850.00 percent 1956.25 percent 2062.50 percent 2168.75 percent 2275.00 percent 2381.25 percent 2487.50 percent 2593.75 percent 26100.00 percent 27106.25 percent 28112.50 percent 29118.75 percent 30 or more125.00 percent.

(iii) The annual dollar amount determined under this clause is—

(I) for calendar year 2027, the poverty guideline for 2026; and

(II) for any calendar year after 2027, the annual dollar amount established for the calendar year preceding such calendar year, or, if larger, the annual dollar amount for 2027 multiplied by the ratio of—

(aa) the national average wage index (as defined in section 209(k)(1)) for the second calendar year preceding the calendar year for which the determination is made, to

(bb) the national average wage index (as so defined) for 2025.

(iv) For purposes of this subparagraph—

(I) the term year of work means, with respect to an individual, a year to which 4 quarters of coverage have been credited based on such individual’s wages and self-employment income; and

(II) the term poverty guideline for 2026 means the annual poverty guideline for 2026 (as updated annually in the Federal Register by the Department of Health and Human Services under the authority of section 673(2) of the Omnibus Budget Reconciliation Act of 1981) as applicable to a single individual.