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HR 5541 107th Congress House Social Welfare Cost of living adjustments Economics and Public Finance Finance and Financial Sector Government trust funds Old age, survivors and disability insurance Savings accounts Social security finance

Rejecting Social Security Privatization Act of 2002

Introduced: October 2, 2002 See on congress.gov
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 2, 2002
Referred to the House Committee on Ways and Means.
Oct 2, 2002
Introduced in House
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 Plain-English summary Congressional Research Service
Rejecting Social Security Privatization Act of 2002 - States that the Congress hereby commits to preserve the guaranteed, lifelong, inflation-protected benefits provided under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to retirees, disabled workers, and their families, and the survivors of deceased workers, by rejecting plans to institute Personal Retirement Accounts, or any other forms of private accounts, which would divert or remove all or portions of monies from the Social Security trust funds and reduce the retirement security of current and future beneficiaries, and which would reduce guaranteed Social Security benefits for retirees, disabled workers, and survivors.
What's happening now October 2, 2002

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5541: Rejecting Social Security Privatization Act of 2002. 107th Congress. Open America. https://openamerica.io/bill/107-HR-5541/
MLA
"H.R. 5541: Rejecting Social Security Privatization Act of 2002." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-5541/.
Bluebook (legal)
H.R. 5541, 107th Cong. (2026), https://openamerica.io/bill/107-HR-5541/.
Markdown link
[H.R. 5541: Rejecting Social Security Privatization Act of 2002](https://openamerica.io/bill/107-HR-5541/)
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