Across-the-board benefit increase

(a) In general Section 215(a)(1)(A)(i) of the Social Security Act (42 U.S.C. 415(a)(1)(A)(i)) is amended by striking 90 percent and inserting 93 percent. (b) Effective date (1) In general The amendments made by this section shall apply with respect to monthly insurance benefits payable for months in calendar years 2027 through 2036. (2) Recomputation of primary insurance amounts Notwithstanding section 215(f) of the Social Security Act, the Commissioner of Social Security shall recompute primary insurance amounts to the extent necessary— (A) to carry out the amendments made by this section; and (B) and to account for the nonapplication of such amendments after calendar year 2036. (c) Rule of construction For purposes of applying subparagraphs (A) and (B) of section 215(i)(1) of the Social Security Act in any calendar year, nothing in this section or the amendments made by this section shall be considered a general benefit increase under title II of such Act.