A bill to amend title II of the Social Security Act to provide a 50-percent, across-the-board increase in benefits thereunder, with the resulting benefit costs being borne equally by employers, employees, and the Federal Government, and to raise the amount of outside earnings which a beneficiary may have without suffering deductions from his benefits.

Summary

Provides for a 50-percent across-the-board increase in benefits under Title II of the Social Security Act (Old-Age, Survivors, and Disability Insurance Benefits) with the resulting benefit costs being borne equally by employers, employees, and the Federal Government. Increases the amount of outside earnings which a beneficiary may have without suffering deductions from his benefits from $175 per month to $250 per month.

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1 official file

• Introduced in House

  summary · EN · 3 January 1973

  Open at official source

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