Social Security Guarantee Act of 2001

H.R. 832, the Social Security Guarantee Act of 2001, would require the Department of the Treasury to issue a formal "benefit guarantee certificate" to every individual eligible for Social Security benefits. This certificate would serve as a legally binding obligation of the federal government to pay the full amount of monthly benefits, including future cost-of-living adjustments, as promised under the law. For citizens, the bill is designed to provide a written guarantee that their Social Security payments cannot be reduced or eliminated by future legislative changes.