A bill to ensure that Social Security contributions made by workers are available to pay all benefits which they have earned.
Social Security Earned Benefits Payment Act
This bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require allocations to the Federal Disability Insurance Trust Fund equal to: (1) 2.65% of the amount of wages and self-employment income paid between December 31, 2015, and January 1, 2021; and (2) 1.80% of wages and self-employment income paid after December 31, 2020.
Referred to the Subcommittee on Social Security.
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6976-6977)
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