The Guiding Principles of the President's Commission to Strengthen Social Security

November 13, 2001

The President's Commission to Strengthen Social Security will present the Bush Administration with proposals that adhere to the Commission's guiding principles.

• Modernization must not change Social Security benefits for retirees or near-retirees.



• The entire Social Security surplus must be dedicated only to Social Security.



• Social Security payroll taxes must not be increased.



• The government must not invest Social Security funds in the stock market.



• Modernization must preserve Social Security's disability and survivors insurance programs.



• Modernization must include individually controlled, voluntary personal retirement accounts, which will augment Social Security.

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