Social Security Reporting Information and Right to Know Act of 2001

The Social Security Reporting Information and Right to Know Act of 2001 was designed to provide Americans with more detailed information regarding the long-term financial health of the Social Security system. If enacted, the bill would have required the Social Security Administration to include specific projections about the program’s future solvency and expected benefit levels directly on the annual account statements mailed to workers. Additionally, it sought to increase transparency by requiring more comprehensive annual reports to Congress concerning the sustainability of the Social Security Trust Funds over a 75-year period.