S. 1505

119 S1505 IS: To ensure that Social Security beneficiaries receive regular statements from the Social Security Administration, and for other purposes.
 U.S. Senate
 2025-04-29
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 1505  IN THE SENATE OF THE UNITED STATES   April 29, 2025   Mr. Cassidy  (for himself,  Mr. Coons ,  Ms. Collins , and  Mr. Kaine ) introduced the following bill; which was read twice and referred to the  Committee on Finance    A BILL
To ensure that Social Security beneficiaries receive regular statements from the Social Security Administration, and for other purposes.
1.
Ensuring beneficiaries receive regular social security statements
Not later than January 1, 2027, the Commissioner of Social Security shall ensure that—
(1)
individuals with social security account numbers are mailed a paper social security statement whenever they enter the workforce or start a new job;
(2)
a paper social security statement is mailed to each individual with a social security account number not less frequently than—
(A)
once every 5 years beginning with the year in which the individual achieves age 25;
(B)
once every 2 years beginning with the year in which the individual achieves age 55; and
(C)
annually beginning with the year in which the individual achieves age 60;
(3)
individuals with social security account numbers are mailed paper social security statements regardless of whether they have created an online  my Social Security  account with the Social Security Administration; and
(4)
individuals are able to opt out from receiving paper social security statements (including statements otherwise required under this section).
2.
Limitation on administrative expenses
There are authorized to be appropriated to the Commissioner of Social Security for the Social Security Administration's Limitation on Administrative Expenses for each fiscal year beginning with 2026 such sums as are necessary to carry out this Act.