To amend title II of the Social Security Act to allow workers who attain age 65 after 1981 and before 1992 to choose either lump sum payments over four years totaling $5,000 or an improved benefit computation formula under a new 10-year rule governing the transition to the changes in benefit computation rules enacted in the Social Security Amendments of 1977, and for other purposes.
Notch Fairness Act of 2019
This bill increases Old-Age, Survivors, and Disability Insurance (OASDI) benefits for certain individuals born between 1917 and 1921, referred to as the Notch years. Currently, these individuals receive lower cost-of-living increases than individuals born in 1916 or earlier, as a result of legislative changes to OASDI benefits enacted in 1977. Under the bill, eligible individuals may elect to (1) recompute and increase their current primary insurance amount according to a specified schedule, or (2) receive lump sum payments over four years totaling $5,000.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1222)
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
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