S.5: Social Security Preservation Act

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about congress
  • Introduced Nov. 19, 2002
  • Latest Major Action Nov. 19, 2002

Bill Sponsor

Bill Cosponsor

Bill Summary

Social Security Preservation Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to add a part B (Investment-Based Social Security) outlining a new program to allow any individual born on or after January 1, 1953, who is employed by a covered employer or who is self-employed, and certain other individuals requesting and granted an eligibility waiver, to elect to receive social security...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Nov. 19, 2002

Introduced in the Senate by Phil Gramm (R-Texas)

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