To amend title II of the Social Security Act to eliminate the earnings test for individuals who have attained age 67 and to accelerate benefit increases under the delayed retirement credit over a period capped at attainment of age 67.

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) remove the limitation on the amount of outside income which beneficiaries who have attained age 67 may earn without incurring a reduction in benefits; (2) make the increase in the retirement credit currently scheduled for 2005 effective for benefits for months after December 1991; and (3) cap such credit at age 67.