I 
109TH CONGRESS 
2D SESSION 
H. R. 5211 
To improve the quality of life for senior citizens. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 26, 2006 
Mr. PAUL introduced the following bill; which was referred to the Committee 
on Ways and Means, and in addition to the Committee on Energy and 
Commerce, for a period to be subsequently determined by the Speaker, 
in each case for consideration of such provisions as fall within the juris-
diction of the committee concerned 
A BILL 
To improve the quality of life for senior citizens. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Senior Citizen’s Im-
proved Quality of Life Act’’. 
SEC. 2. PRESERVATION OF SOCIAL SECURITY. 
(a) INVESTMENT OF THE FEDERAL OLD-AGE AND 
SURVIVORS INSURANCE TRUST FUND AND THE FEDERAL 
DISABILITY INSURANCE TRUST FUND.— 
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(1) IN GENERAL.—Section 201(d) of the Social 
Security Act (42 U.S.C. 401(d)) is amended— 
(A) by inserting ‘‘(1)’’ after ‘‘(d)’’; 
(B) by striking ‘‘Such investments may be 
made only’’ and inserting the following: ‘‘Ex-
cept as provided in paragraph (2), such invest-
ments may be made only’’; 
(C) by striking the last sentence; and 
(D) by adding at the end the following new 
paragraph: 
‘‘(2)(A) The Managing Trustee shall determine the 
annual surplus (as defined in subparagraph (B)) for each 
of the Trust Funds as of the end of each fiscal year. The 
Managing Trustee shall ensure that such annual surplus 
is invested, throughout the next following fiscal year, in— 
‘‘(i) marketable interest-bearing obligations of 
the United States or obligations guaranteed as to 
both principal and interest by the United States, 
purchased on original issue or at the market price, 
or 
‘‘(ii) certificates of deposit in insured depository 
institutions (as defined in section 3(c)(2) of the Fed-
eral Deposit Insurance Act). 
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‘‘(B) For purposes of this paragraph, the ‘annual sur-
plus’ for either of the Trust Funds as of the end of a 
fiscal year is the excess (if any) of— 
‘‘(i) the sum of— 
‘‘(I) in the case of the Federal Old-Age 
and Survivors Insurance Trust Fund, the 
amounts appropriated to such Trust Fund 
under paragraphs (3) and (4) of subsection (a) 
for the fiscal year, 
‘‘(II) in the case of the Federal Disability 
Insurance Trust Fund, the amounts appro-
priated to such Trust Fund under paragraphs 
(1) and (2) of subsection (b) for the fiscal year, 
and 
‘‘(III) in either case, the amount appro-
priated to such Trust Fund under section 
121(e) of the Social Security Amendments of 
1983 for the fiscal year, and any amounts oth-
erwise credited to or deposited in such Trust 
Fund under this title for the fiscal year, over 
‘‘(ii) the amounts paid or transferred from such 
Trust Fund during the fiscal year.’’. 
(2) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply with respect to annual 
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