S 274 · 109th Congress · Social Welfare

Social Security Right to Know Act

Introduced 2005-02-03· Sponsored by Sen. DeMint, Jim [R-SC]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S981-982)(2005-02-03)

Plain Language Summary

[AI summary unavailable — showing source text] Social Security Right To Know Act - Amends the Social Security Act to require Social Security account statements to contain additional information, such as: (1) a statement of the current Social Security tax rates applicable to wages and self-employment income, including an indication of the combined total of such rates of employee and employer taxes with respect to wages; and (2) a comparison of total annual Social Security tax inflows with the total annual benefits paid.…

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