Bill · S. 1505· Senate(119-S-1505)
A bill to ensure that Social Security beneficiaries receive regular statements from the Social Security Administration, and for other purposes.
- Introduced
- 4/29/2025
- Last activity
- 4/29/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Bill Cassidy
- Cosponsors
- - 1 - 2
- Introduced
- In Committee
What this bill would do
This bill requires the Social Security Administration to mail paper statements to people with social security account numbers. Paper statements would be sent when people start new jobs or enter the workforce. They would also be sent based on specific age milestones: every 5 years starting at age 25, every 2 years starting at age 55, and annually starting at age 60. These statements must be mailed even if the person has an online account. People can choose to opt out of receiving these paper statements. Funding is authorized for the administration to carry out these requirements starting in fiscal year 2026.
Yes· 3 of 12
Would people over 65 be better off under this?+6
Ensures annual paper statements for those aged 60 and older.
Would retired people be better off under this?+6
Directly benefits those nearing or in retirement with annual paper statements.
Does this strengthen Social Security?+5
Increases transparency and accessibility of benefit information for beneficiaries.
The opposite
Does this reduce what the federal government spends?-2
The bill increases government spending by authorizing funds for the mailing of paper statements.
Does this reduce what the federal government owes?-1
The bill authorizes additional appropriations for administrative expenses to mail paper statements.
Does this make the government pay for what it commits to?-1
Increases administrative costs for the Social Security Administration.
Who it would affect, and how
Potential Positive Impacts for People
-
Automatic notifications for new workers: People entering the workforce or starting new jobs will receive a paper statement, which provides information as they begin their careers (Section 1).
-
Regular updates based on age: Individuals receive statements at set intervals (every 5 years at age 25, every 2 years at age 55, and annually at age 60), ensuring they have updated information as they approach retirement (Section 1).
-
Accessibility for non-digital users: Because paper statements are mailed regardless of whether a person has a "my Social Security" online account, people without internet access or online accounts still receive their information (Section 1).
Potential Negative Impacts for People
- No negative impacts for individuals are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Retirees+6Good For Seniors+6Good For Low Income Households+4Good For Middle Aged+4Good For Rural Residents+4Good For Middle Class Households+3Good For People With Disabilities+3Good For Young Adults+3Good For High Income Households+2Good For Students+2
- Social Issues And Justice
- Improves Social Security+5
- Economy And Finance
- Reduces Government Spending-2Improves Fiscal Responsibility-1Reduces National Debt-1
- Governance And Ideology
- Improves Government Transparency+3
- 4/29/2025
- Read twice and referred to the Committee on Finance.
- 3 Cosponsors added.
- Introduced in Senate
Susan CollinsRepublican · Maine
Christopher CoonsDemocrat · Delaware
Timothy KaineDemocrat · Virginia