S. 274 · 109th Congress
Social Security Right to Know Act
- Stage
- In committee
- Sponsor
- Jim DeMint
- Introduced
- 2005-02-03
- Latest action
- 2005-02-03 · Introduced in Senate
Summary
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.