This legislation aims to modernize the Social Security lump sum death payment by significantly increasing the current amount and introducing a mechanism for future adjustments. It amends the Social Security Act to establish a new lump sum death payment of $2,900 , replacing the current, much lower, and complex calculation. Beginning in 2027, for individuals who die in calendar years after 2026, this $2,900 amount will be indexed to inflation based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), rounded to the nearest multiple of $10. These changes are set to take effect on January 1, 2026 , applying to all eligible individuals who pass away on or after that date, ensuring the payment's value keeps pace with economic changes.