A bill to amend the Social Security Act to provide for improved management of the social security trust funds and increase the return on investments to those funds.

Summary

Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to provide for the appointment to the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund of one representative of employers, one representative of employees, one representative of beneficiaries, and one individual highly qualified in the management of investment funds. Revises investment requirements with respect to the trust funds.

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Timeline

1. 2 February 1983

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 2 February 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 February 1983

   Introduced

   Introduced in House

   Source: IntroReferral

4. 9 February 1983

   Referred

   Referred to Subcommittee on Social Security.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 2 February 1983

  Open at official source

Sponsors

• Rep. Lloyd, Marilyn [D-TN-3] · D · Sponsor
• · hswm00 · Standing

Related records

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