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HR 573 104th Congress House Social Welfare Old age, survivors and disability insurance

Social Security Notch Act of 1995

Introduced: January 19, 1995 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 26, 1995
Referred to the Subcommittee on Social Security.
Jan 19, 1995
Referred to the House Committee on Ways and Means.
Jan 19, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Social Security Notch Act of 1995 - Amends title II (Old-Age, Survivors and Disability Insurance) of the Social Security Act with respect to the benefit computation formula for individuals who reached age 65 in or after 1982 and to whom applies the 15-year period of transition to the changes in benefit computation rules enacted in the Social Security Amendments of 1977.

Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 70 percent to ten percent keyed to the year an individual became eligible for such benefits between 1979 and 1993.

What's happening now January 26, 1995

Referred to the Subcommittee on Social Security.

 Committees of jurisdiction 2