Skip to main content
H.R. 633 106th Congress House

Retirement Trust Fund Integrity Act of 1999

Official title: To provide for investment in broad-based private equities indices of amounts held in trust for payment of benefits from the Federal Old-Age and Survivors Insur… Show full official titleShow less

Official title: To provide for investment in broad-based private equities indices of amounts held in trust for payment of benefits from the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, the Department of Defense Military Retirement Fund, the Civil Service Retirement and Disability Fund, and the Railroad Retirement Account, and for other purposes.

Introduced: February 9, 1999 See on congress.gov
Economics and Public Finance AccountingAdvice and consent of the SenateArmed Forces and National SecurityAuditing
More subjectsShow fewer subjects
Budget deficitsBudget surplusesCivil Service pensionsCongressCongressional budgetCongressional reporting requirementsExecutive reorganizationFederal employeesFederal officialsFederal receipts and expendituresFinance and Financial SectorGovernment Operations and PoliticsGovernment paperworkGovernment trust fundsHealthInvestment of public fundsLabor and EmploymentMedicareMilitary pensionsMutual fundsOff-budget expendituresOld age, survivors and disability insurancePresidential appointmentsRailroad retirement plansSocial WelfareSocial security financeStocksTransportation and Public Works
Sign in to write a letter Sign in to watch
This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 12, 1999
Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.
Mar 5, 1999
Executive Comment Requested from DOD.
Mar 5, 1999
Referred to the Subcommittee on Military Personnel.
Feb 24, 1999
Referred to the Subcommittee on Social Security.
Feb 23, 1999
Referred to the Subcommittee on Civil Service.
Feb 10, 1999
Referred to the Subcommittee on Ground Transportation.
Feb 9, 1999
Referred to the Committee on Ways and Means, and in addition to the Committees on Armed Services, Government Reform, the Budget, Transportation and Infrastructure, and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 9, 1999
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action April 12, 1999

Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

 Plain-English summary Congressional Research Service

Retirement Trust Fund Integrity Act of 1999 - Establishes in the Treasury the Retirement Investment Fund (Fund). Requires the transfer to the Fund of that portion of each of the following trust funds that is not required to meet current withdrawals: the Civil Service Retirement and Disability Fund; the Department of Defense Military Retirement Fund; the Federal Disability Insurance Trust Fund; the Federal Hospital Insurance Trust Fund; the Federal Old-Age and Survivors Insurance Trust Fund; the Federal Supplementary Medical Insurance Trust Fund; and the Railroad Retirement Account. Directs the Retirement Trust Fund Investment Board to establish for the Fund a Common Stock Index Investment Fund for the investment of Fund assets. Requires an annual examination and report by a qualified public accountant of Fund books and records. Provides fiduciary responsibilities.

Establishes the Retirement Trust Fund Investment Board as an independent agency, with an Executive Director chosen by Board members. Requires the Executive Director to report to each House of Congress and specified congressional committees on the state of the Fund.

Prohibits Fund receipts and disbursements from being counted as new budget authority for purposes of the Federal budget, the congressional budget, or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Provides special reporting requirements for the Congressional Budget Office and the Office of Management and Budget with respect to Fund assets.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 11
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 633: Retirement Trust Fund Integrity Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-HR-633/
MLA
"H.R. 633: Retirement Trust Fund Integrity Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-633/.
Bluebook (legal)
H.R. 633, 106th Cong. (2026), https://openamerica.io/bill/106-HR-633/.
Markdown link
[H.R. 633: Retirement Trust Fund Integrity Act of 1999](https://openamerica.io/bill/106-HR-633/)
Report a problem