S.J.Res.5 - A joint resolution to establish a National Commission on Social Security.94th Congress (1975-1976)
|Sponsor:||Sen. Fong, Hiram L. [R-HI] (Introduced 01/17/1975)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 01/17/1975 Referred to Senate Committee on Finance. (All Actions)|
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Summary: S.J.Res.5 — 94th Congress (1975-1976)All Information (Except Text)
Introduced in Senate (01/17/1975)
Establishes a National Commission on Social Security.
States that it shall be the duty and function of the Commission to conduct a continuing study, investigation, and review of: (1) the Federal old-age, survivors, and disability insurance program established by title II of the Social Security Act; and (2) the health insurance programs established by title XVIII of such Act.
Provides that such study, investigation, and review of such programs shall include, but not be limited to: (1) the fiscal status of the trust funds established for the financing of such programs and the adequacy of such trust funds to meet the immediate and long-range financing needs of such programs; (2) the scope of coverage, the adequacy of benefits, and the conditions of qualification for benefits provided by such programs; (3) the impact of such programs on, and their relation to, public assistance programs, nongovernmental pension and insurance programs, other governmental retirement and annuity programs, medical service delivery systems, and national employment practices; (4) the quality of the administration of such programs; and (5) any inequities which affect substantial numbers of individuals who are insured under such programs.
Directs the Commission to submit an annual report of its study, investigation, and review of programs, together with its recommendations with respect to such programs, to the President and the Congress.
Authorizes appropriations of such sums as are necessary to carry out the purposes of this Act.