US SB804 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on April 13 2011 - 25% progression, died in committee
Action: 2011-04-13 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 13 2011 - 25% progression, died in committee
Action: 2011-04-13 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Social Security Solvency and Sustainability Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to increase the normal retirement age by specified graduated stages to age 70. Raises the early retirement age by specified graduated stages to 64 for an individual who attains age 62 after December 31, 2027. Revises requirements for computation of the age increase factor. Revises the formula for the maximum age for delayed retirement credit. Prescribes a formula for progressive indexing of an individual's primary insurance amount.
Title
Social Security Solvency and Sustainability Act
Sponsors
Sen. Lindsey Graham [R-SC] | Sen. Mike Lee [R-UT] | Sen. Rand Paul [R-KY] |
History
Date | Chamber | Action |
---|---|---|
2011-04-13 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB1213 (Related) 2011-06-22 - Sponsor introductory remarks on measure. (CR S3987-3989)
SB3533 (Related) 2012-09-12 - Read twice and referred to the Committee on Finance.
SB3533 (Related) 2012-09-12 - Read twice and referred to the Committee on Finance.
Subjects
Administrative law and regulatory procedures
Disability and paralysis
Inflation and prices
Social Security Administration
Social security and elderly assistance
Social welfare
Wages and earnings
Disability and paralysis
Inflation and prices
Social Security Administration
Social security and elderly assistance
Social welfare
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/804/all-info |
Text | https://www.congress.gov/112/bills/s804/BILLS-112s804is.pdf |