HR 5541 · 107th Congress · Social Welfare

Rejecting Social Security Privatization Act of 2002

Introduced 2002-10-02· Sponsored by Rep. Shows, Ronnie [D-MS-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2002-10-02)

Plain Language Summary

[AI summary unavailable — showing source text] Rejecting Social Security Privatization Act of 2002 - States that the Congress hereby commits to preserve the guaranteed, lifelong, inflation-protected benefits provided under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to retirees, disabled workers, and their families, and the survivors of deceased workers, by rejecting plans to institute Personal Retirement Accounts, or any other forms of private accounts, which would divert or remove all or portions of monies from the Social Security trust funds and reduce the retirement security of current and future beneficiaries, and which would reduce guaranteed Social Security benefits for retirees, disabled workers, and survivors.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

19 Democrats1 Republican