H.R. 5302 · 115th Congress
BASIC Act
- Stage
- In committee
- Sponsor
- Peter DeFazio
- Introduced
- 2018-03-15
- Latest action
- 2018-03-29 · Referred to the Subcommittee on Social Security.
Summary
Benefit Adjustment of Social Security Income Compensation Act or the BASIC Act
This bill requires the Social Security Administration (SSA) to continue monthly insurance benefit payments to a beneficiary, on a prorated basis, through the month of the beneficiary's death. The bill also revises the SSA's methodology for calculating certain lump-sum payments to survivors.