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United States · Bill · S

S. 1251 (97th)

A bill to amend title II of the Social Security Act to increase the amount that a recipient may earn before being subject to a reduction in benefits on account of work.

openUnited States· United States Congress· EN

Introduced

21 May 1981

Last action

Status

Committee on Finance requested executive comment from OMB; Treasury Department; Health and Human Services Department.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase to $7,000 the amount which a beneficiary aged 65 or over may earn during each of taxable years 1981 and 1982 without a reduction in benefits. Provides that the amount which a beneficiary under the age of 65 may earn without a reduction in benefits shall be $5,200 for each of such years.

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Documents

1 official file

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Sources

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