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S. 274

BillFederalSenateIn Committee
Social Security Right to Know Act
About This Bill
Committee
Latest Action · February 3, 2005
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S981-982)
Congress
109th (2005–2007)
Introduced
February 3, 2005
Cosponsors (0)
None
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Summary

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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.

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