Full Social Security Benefits Guarantee Act - Directs the Secretary of the Treasury to issue to each individual who is receiving benefits under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA), and to each individual who applies for such benefits, a certificate representing a legally enforceable guarantee: (1) of the monthly amount of benefits that the individual will receive under SSA title II, as determined on the certificate's date of issuance; and (2) that the benefits will be adjusted at least annually on the basis of an accurate determination of the increase in the individual's cost-of-living, and as a result of any change in the individual's OASDI eligibility status.
Actions
May 1, 2001
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4116)