HR 1067 111th Congress House Social Welfare Social security and elderly assistance

Notch Fairness Act of 2009

Introduced: February 13, 2009 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 13, 2009

Referred to the House Committee on Ways and Means.

Feb 13, 2009

Introduced in House

Plain-English summary Congressional Research Service

Notch Fairness Act of 2009 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise the formula for the computation of minimum Old Age Insurance benefits for individuals who reached age 65 in or after 1979, and to whom applies the 15-year transition period for 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 55% to 5% and keyed to the year an individual became eligible for such benefits between 1979 and 1988.

Allows such beneficiaries, in the alternative, to receive lump sum payments over four years totaling $5,000.

What's happening now February 13, 2009

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1