Q: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Social Security Right To Know Act''.

SEC. 2. MATERIAL TO BE INCLUDED IN ANNUAL REPORT OF TRUSTEES.

Section 201(c) of the Social Security Act (42 U.S.C. 401(c)) is
amended--
(1) by redesignating paragraphs (1) through (5) as
subparagraphs (A) through (E), respectively;
(2) by striking ''under paragraph (2)'' and inserting
''under subparagraph (B)'';
(3) by inserting ''(1)'' after ''(c)'';
(4) by redesignating the undesignated text following
subparagraph (E) (as redesignated by paragraph (1) of this
section) as paragraph (2);
(5) by moving the last sentence of paragraph (2) (as
redesignated by paragraph (4) of this section) so that it
follows the fifth sentence of paragraph (1) (as redesignated by
paragraph (3) of this section);
(6)(A) by moving the text of the fifth sentence of
paragraph (2) (as redesignated by paragraph (4) of this
section) beginning with ''shall be printed'' and ending with
''report is made'' so that it follows ''above'' in the first
sentence of paragraph (2) (as redesignated by paragraph (4) of
this section);
(B) by striking the remainder of the fifth sentence of
paragraph (2) (as redesignated by paragraph (4) of this
section); and
(C) by inserting ''and'' after the text so moved;
(7) in the fourth sentence of paragraph (2) (as
redesignated by paragraph (4) of this section), by striking
''Such report shall also include an'' and inserting the
following:
''(C) An'';
(8) in the third sentence of paragraph (2) (as redesignated
by paragraph (4) of this section), by striking ''Such report
shall include an'' and inserting the following:
''(B) An'';
(9) in the first sentence of paragraph (2) (as redesignated
by paragraph (4) of this section)--
(A) by striking ''(2) above'' after ''paragraph''
and inserting ''(1)(B)''; and
(B) by striking ''shall include a statement'' and
inserting ''shall include the following:
''(A) A statement'';
(10) by inserting after subparagraph (C) (as redesignated
by paragraph (7) of this section) the following:
''(D) A statement, in terms of inflation-adjusted dollars,
present discounted value, and nominal dollars, of--
''(i) the aggregate amount of the unfunded long-
term projected liability of the social security system
and any change in that amount from the preceding year;
and
''(ii) the amount of deficit or surplus that the
social security system will run in the last year of
such long-term projection period, with any aggregate
assets or liabilities held by the Trust Funds in that
final projected year.
''(E) The economic model and relevant data used to make the
financial projections required to be reported under this
paragraph, including any changes in the model and data from the
preceding year.
''(F) A conspicuous summary of the items required by
clauses (i) and (ii) of subparagraph (D), in terms of
inflation-adjusted dollars.
''(G) An explanation that states in substance that the
Trust Funds balances reflect resources authorized by Congress
to pay future social security benefits, but do not consist of
real economic assets that can be used in the future to fund
benefits, and that such balances are claims against the United
States Treasury that, when redeemed, must be financed through
increased taxes, public borrowing, benefit reduction, or
elimination of other Federal expenditures.''.

SEC. 3. MATERIAL TO BE INCLUDED IN SOCIAL SECURITY ACCOUNT STATEMENT.

Section 1143(a) of the Social Security Act (42 U.S.C. 1320b-13(a))
is amended--
(1) in paragraph (2)(C) by striking ''and'';
(2) in paragraph (2)(D) by striking the period and
inserting ''; and'';
(3) in paragraph (2), by adding at the end the following
new subparagraph:
''(E)(i) as determined by the Chief Actuary of the Social
Security Administration--
''(I) a comparison of the annual social security
tax inflows (including amounts appropriated under
subsections (a) and (b) of section 201 of this Act and
section 121(e) of the Social Security Amendments of
1983 (26 U.S.C. 401 note)) to the amount paid in
benefits annually; and
''(II) a statement whether the ratio described in
subclause (I) will result in a cash flow deficit and
what year any such deficit will commence, as well as
the first year in which funds in the Federal Old-Age
and Survivors Insurance Trust Fund and the Federal
Disability Insurance Trust Fund will cease to be
sufficient to cover any such deficit and the percentage
of benefits due at that time that could be paid from
the annual social security tax inflows (as that term is
used in subclause (I));
''(ii) the explanation required by section 201(c)(2)(G);
and
''(iii) an explanation, in simple and easily understood
terms, of the average rate of return that a taxpayer can expect
to receive on old-age insurance benefits as compared to the
total amount of social security taxes a taxpayer expects to
pay, including the inflation-adjusted average rate of return
for workers born in every year beginning with 1900, set out in
chart or graph form, with an explanatory caption or legend, as
determined by the Chief Actuary of the Social Security
Administration.''.

SEC. 4. USE OF CONTINUOUS WORK HISTORY SAMPLE FOR STATISTICAL RESEARCH.

(a) Data To Be Made Available.--Notwithstanding any other provision
of law, the Social Security Administration shall make available to the
public the Continuous Work History Sample (referred to in this section
as the ''CWHS'') data administered by such Administration subject to
the restrictions provided for in subsections (b) and (c).
(b) Limitations on Release of Data.--The Office of Research and
Statistics of the Social Security Administration shall make statistical
samples of individual records from the CWHS available to a user if the
user--
(1) agrees to make use of the data from the CWHS solely for
the purpose of conducting statistical research activities;
(2) agrees in writing to such conditions as may be
reasonably determined by the Commissioner of the Social
Security Administration to be necessary to ensure that data
from the CWHS is not made available in individually
identifiable form; and
(3) fully reimburses the Office of Research and Statistics
for the cost of supplying the data.
(c) No Personally Identifiable Information.--To protect privacy,
the Office of Research and Statistics of the Social Security
Administration shall remove all identifiers which can link CWHS records
to the identity of an individual respondent prior to the release of the
data.
(d) Definitions.--In this section--
(1) the term ''Continuous Work History Sample'' means the
statistical sample of individual administrative records held by
the Social Security Administration; and
(2) the term ''user'' means any individual or legal entity,
including an employee of the Federal Government, who receives
access to the Continuous Work History Sample.
A:
Social Security Right To Know Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require a certain annual report by the Board of Trustees of the Federal Old-Age and Survivors and Disability Insurance Trust Funds on the operation and status of such Funds to include information on: (1) the unfunded long-term projected liability of the Social Security system and any change in such amount from the preceding year as well as the deficit or surplus that the system will run in the last year of the long-term projection period, with any aggregate assets or liabilities held by the Trust Funds in that final projected year; and (2) the economic model and relevant data used to make such projections.Requires Social Security account statements to contain: (1) a comparison of the annual Social Security tax inflows to the amount paid annually in benefits; and (2) a statement of whether the ratio will result in a cash flow deficit, what year such deficit will commence as well as the first year in which funds in the Trust Funds will cease to be sufficient to cover the deficit, and the percentage of benefits due at that time that could be paid from annual tax inflows. Requires account statements also to explain the average rate of return that a taxpayer can expect to receive on old- age insurance benefits as compared to the total amount of Social Security taxes a taxpayer expects to pay.Makes Social Security Administration Continuous Work History Sample data publicly available for statistical research purposes subject to certain limitations.