3.0.0 2440 2023-01-11T13:19:12Z 2023-01-11T13:19:12Z House H HR 2009-05-14 111 hswm00 Ways and Means Committee House Standing Referred to 2009-05-14T14:02:42Z 2009-05-14 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-05-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-05-14 Introduced in House IntroReferral 1000 9 Library of Congress M001165 Rep. McCarthy, Kevin [R-CA-22] Kevin McCarthy R CA 22 N F000456 Rep. Fleming, John [R-LA-4] John Fleming R LA 4 2009-05-14 True P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2009-05-14 True R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2009-05-19 False L000566 Rep. Latta, Robert E. [R-OH-5] Robert Latta R OH E. 5 2009-05-21 False L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2009-07-15 False Social Welfare Government information and archives Government trust funds Social security and elderly assistance Social Welfare 00 2009-05-14 Introduced in House 2009-06-01T14:56:49Z More Transparent and Honest Communications with American Workers Reform Act of 2009 - Amends title XI of the Social Security Act to revise requirements for estimates of potential old-age insurance benefits in Social Security account statements eligible individuals may request.

Directs the Commissioner of Social Security, in any case in which the projections of future levels of receipts and disbursements of the Social Security Trust Funds indicate that the balance in the Funds may become insufficient to pay benefits in full when due, to indicate in benefits estimates the percentage reduction in payment level that could result without intervening enactment of remedies by Congress.

Requires Social Security account statements also to: (1) estimate projected benefits for each eligible individual, assuming the current earnings rate and assuming, in the alternative, retirement at age 62, at the applicable normal retirement age, and at age 70; and (2) set forth a separate schedule of such estimated projected benefits reflecting any percentage reduction in the case of each retirement alternative which would occur after the future date of Trust Fund insufficiency.

]]> More Transparent and Honest Communications with American Workers Reform Act of 2009 Display Title More Transparent and Honest Communications with American Workers Reform Act of 2009 Official Title as Introduced To amend title XI of the Social Security Act to provide that annual Social Security account statements indicate, in estimating the level of projected benefits of eligible individuals, the effect on such benefits levels of benefit reductions which may be necessary, in the absence of future legislative remedies, by reason of anticipated insolvency of the Social Security Trust Funds. Introduced in House IH Short Titles as Introduced More Transparent and Honest Communications with American Workers Reform Act of 2009 Introduced in House 2009-05-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2440ih/xml/BILLS-111hr2440ih.xml 2009-05-14 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.