[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 2090 Introduced in Senate (IS)]

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114th CONGRESS
  1st Session
                                S. 2090

   To ensure that Social Security contributions made by workers are 
         available to pay all benefits which they have earned.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 28, 2015

 Mr. Wyden (for himself, Mr. Schumer, Ms. Stabenow, Mr. Menendez, Mr. 
Cardin, Mr. Brown, Mr. Casey, Ms. Baldwin, Mr. Blumenthal, Mrs. Boxer, 
Mrs. Feinstein, Mr. Franken, Mrs. Gillibrand, Mr. Heinrich, Ms. Hirono, 
 Ms. Klobuchar, Mr. Leahy, Mr. Markey, Mr. Merkley, Ms. Mikulski, Mr. 
Murphy, Mrs. Murray, Mr. Peters, Mr. Reed, Mr. Sanders, Mr. Schatz, Ms. 
 Warren, and Mr. Whitehouse) introduced the following bill; which was 
          read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
   To ensure that Social Security contributions made by workers are 
         available to pay all benefits which they have earned.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Social Security Earned Benefits 
Payment Act''.

SEC. 2. ALLOCATIONS TO FEDERAL DISABILITY INSURANCE TRUST FUND.

    (a) Allocation With Respect to Wages.--Section 201(b)(1) of the 
Social Security Act (42 U.S.C. 401(b)(1)) is amended by striking ``and 
(R) 1.80 per centum of the wages (as so defined) paid after December 
31, 1999, and so reported,'' and inserting ``(R) 1.80 per centum of the 
wages (as so defined) paid after December 31, 1999, and before January 
1, 2016, and so reported, (S) 2.65 per centum of the wages (as so 
defined) paid after December 31, 2015, and before January 1, 2021, and 
so reported, and (T) 1.80 per centum of the wages (as so defined) paid 
after December 31, 2020, and so reported,''.
    (b) Allocation With Respect to Self-Employment Income.--Section 
201(b)(2) of such Act (42 U.S.C. 401(b)(2)) is amended by striking 
``and (R) 1.80 per centum of the amount of self-employment income (as 
so defined) so reported for any taxable year beginning after December 
31, 1999,'' and inserting ``(R) 1.80 per centum of the amount of self-
employment income (as so defined) so reported for any taxable year 
beginning after December 31, 1999, and before January 1, 2016, (S) 2.65 
per centum of the amount of self-employment income (as so defined) so 
reported for any taxable year beginning after December 31, 2015, and 
before January 1, 2021, and (T) 1.80 per centum of the amount of self-
employment income (as so defined) so reported for any taxable year 
beginning after December 31, 2020,''.
    (c) Effective Date.--The amendments made by this section shall 
apply with respect to wages paid after December 31, 2015, and self-
employment income for taxable years beginning after such date.
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