3.0.0 426 2019-11-15T21:55:07Z 2019-11-15T21:55:07Z Senate S S 2009-02-12 111 ssfi00 Finance Committee Senate Standing Referred to 2009-02-12T22:14:49Z 2009-02-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2009-02-12 Sponsor introductory remarks on measure. (CR S2236-2239, S2239) IntroReferral B00100 9 Library of Congress 2009-02-12 Introduced in Senate IntroReferral 10000 9 Library of Congress B000382 Sen. Bennett, Robert F. [R-UT] ROBERT BENNETT R UT F. N Social Welfare Appropriations Disability and paralysis Government trust funds Inflation and prices Social security and elderly assistance Social Welfare 00 2009-02-12 Introduced in Senate 2009-02-23T19:37:52Z Social Security Solvency Act of 2009 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to provide for progressive indexing of old age insurance benefits with respect to any individual who initially becomes eligible for them or who dies (before becoming eligible for them) in calendar year 2012 or later.

Provides for: (1) modification of primary insurance amount (PIA) factors to reflect changes in life expectancy; (2) computation of the PIA for an individual who has or has had a period of disability and who initially becomes eligible for such benefits in or after 2012; (3) acceleration of the increase in retirement age to 67; and (4) automatic appropriations to maintain the balance ratio of the Social Security Trust Funds at not less than 100% for the calendar year commencing during each fiscal year.

]]> Social Security Solvency Act of 2009 Short Titles as Introduced Social Security Solvency Act of 2009 Official Title as Introduced A bill to amend title II of the Social Security Act to provide for progressive indexing and longevity indexing of Social Security old-age insurance benefits for newly retired and aged surviving spouses to ensure the future solvency of the Social Security program, and for other purposes. Display Title Social Security Solvency Act of 2009 Introduced in Senate 2009-02-12T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s426is/xml/BILLS-111s426is.xml 2009-02-12 Read twice and referred to the Committee on Finance. 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.