A bill to amend title II of the Social Security Act to phase out the earnings test over a 5-year period for individuals who have attained retirement age, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

8 October 1987

Last action

—

Status

Read twice and referred to the Committee on Finance.

Summary

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase by $3,000 for each year from 1990 through 1994 the amount of outside income which beneficiaries who have attained retirement age may earn without incurring a reduction in benefits. Removes such income limitation thereafter. Accelerates the effective dates of increases in the delayed retirement credit rate for individuals who work beyond retirement age.

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Documents

1 official file

Introduced in Senate
summary · EN · 8 October 1987
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/senate-bill/1777
Open data entity: https://api.congress.gov/v3/bill/100/s/1777