Elderly Earnings Opportunity Act of 1989
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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.
Referred to the Subcommittee on Social Security.
- Introduced in House Formatted Text
Cite this page
U.S. Congress. (2026). H.R. 420: Elderly Earnings Opportunity Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-HR-420/
"H.R. 420: Elderly Earnings Opportunity Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-420/.
H.R. 420, 101st Cong. (2026), https://openamerica.io/bill/101-HR-420/.
[H.R. 420: Elderly Earnings Opportunity Act of 1989](https://openamerica.io/bill/101-HR-420/)