A bill to provide that the 1972 revision in the social security benefit computation formula for men shall fully apply with respect to individuals who retired in or before 1972 as well as with respect to individuals retiring after that year.

Summary

Amends the Social Security Amendments of 1972, which lowered the age computation point for Old-Age, Survivors, and Disability Insurance (OASDI) benefits for men from age 65 to 62, the age which had previously applied only to women, in order to apply such revision to men who were entitled to OASDI benefits for January, 1977 or months thereafter, and who attained age 62 after December, 1972, such revision having applied previously only to individuals who became 62 after 1974. Directs the Secretary of Health, Education, and Welfare to recompute the benefits of individuals affected by this Act, in accordance with formulae set forth in this Act, in order to assure that each such individual receives the full benefit to which he is entitled.

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Documents

1 official file

• Introduced in House

  summary · EN · 18 May 1977

  Open at official source

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