A bill to amend title II of the Social Security Act to provide that renewal commissions, received by a retired insurance agent from insurance policies which were sold by him before his retirement, shall not be taken into account in determining his net earnings from self-employment for purposes of the earnings test.

referredUnited States· United States Congress· EN

Introduced

21 July 1979

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Amends title II (Old-Age, Survivors and Disability Insurance) of the Social Security Act to disregard renewal commissions received by an insurance salesman from life insurance policies which such salesman sold before reaching age 65, for purposes of computing OASDI benefits based on income.

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Documents

1 official file

Introduced in Senate
summary · EN · 21 July 1979
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/senate-bill/1554
Open data entity: https://api.congress.gov/v3/bill/96/s/1554