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HR 420 101th Congress House Social Welfare Earnings Old age, survivors and disability insurance Older workers Retirement income

Elderly Earnings Opportunity Act of 1989

Introduced: January 3, 1989 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 13, 1989
Referred to the Subcommittee on Social Security.
Jan 3, 1989
Referred to the House Committee on Ways and Means.
Jan 3, 1989
Introduced in House
 Plain-English summary Congressional Research Service

Elderly Earnings Opportunity Act of 1989 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to make uniform for all beneficiaries: (1) the amount of outside income which beneficiaries may earn without incurring a reduction in benefits; and (2) the percentage of nonexempt earnings which are deducted from benefits as excess earnings. Adds $1,000, until the year 2002, to the annual outside income which a beneficiary may earn without incurring a benefit reduction.

Directs the Secretary of Health and Human Services to conduct an ongoing study to determine whether further modifications of the treatment of a beneficiary's outside income are necessary or appropriate. Sets forth reporting requirements.

What's happening now January 13, 1989

Referred to the Subcommittee on Social Security.

 Committees of jurisdiction 2