HR 247
106th Congress
House
Social Security Information Act of 1999
Official title: To amend the Social Security Act to provide simplified and accurate information on the Social Security trust funds, and personal earnings and benefit estimates to eligible individuals.
Social Welfare
EarningsEconomics and Public FinanceFinance and Financial SectorFinancial statements
More subjectsShow fewer subjects
Government Operations and PoliticsGovernment paperworkGovernment publicityGovernment trust fundsInflationInterestLabor and EmploymentOld age, survivors and disability insuranceSavings bondsSocial security beneficiariesSocial security financeStocks
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 19, 1999
Referred to the Subcommittee on Social Security.
Jan 6, 1999
Referred to the House Committee on Ways and Means.
Jan 6, 1999
Introduced in House
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Latest action
Referred to the Subcommittee on Social Security.
Plain-English summary
Social Security Information Act of 1999 - Amends title XI of the Social Security Act to revise requirements for the social security account statements distributed annually by the Secretary of Health and Human Services. Requires such statements to include: (1) a separate estimate of the interest earned on employee and self-employment contributions for hospital insurance and Old-Age, Survivors, and Disability Insurance (OASDI); (2) specified information on the projected value of the aggregate amount of employer and employee contributions for old-age and survivors insurance, as well as annual and total amounts of benefits, in dollars adjusted for inflation; (3) the average annual rates of return on Treasury ten-year savings bonds and the Standard and Poor's 500; and (4) monthly and projected annual trust fund balances.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
2
Cosponsors
2
Cite this page
U.S. Congress. (2026). H.R. 247: Social Security Information Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-HR-247/
"H.R. 247: Social Security Information Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-247/.
H.R. 247, 106th Cong. (2026), https://openamerica.io/bill/106-HR-247/.
[H.R. 247: Social Security Information Act of 1999](https://openamerica.io/bill/106-HR-247/)