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118-s-5010Committee
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Retirement Security for American Hostages Act

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Summary

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This bill amends the Social Security Act to provide retirement security benefits to U.S. nationals who were unlawfully detained, wrongfully detained, or held hostage abroad. For each month an individual was detained or held hostage, the bill deems them to have earned wages equal to one-twelfth of the national average wage index, which increases their Social Security benefit calculations. The bill requires the Social Security Commissioner to establish application and certification procedures within one year, and the amendments take effect 24 months after enactment.

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Bill details

Congress
118
Bill type
s
Introduced
September 10, 2024
Sponsor
Not yet available
Last action
September 10, 2024— Read twice and referred to the Committee on Finance.

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