A bill to amend title II of the Social Security Act to make the provisions presently authorizing an increase in old age insurance benefits for individuals who delay their retirement until after they attain age 65 available also to certain individuals who retire and become entitled to benefits before attaining such age but who repay the amount of such benefits.

Provides, under title II of the Social Security Act, (Old-Age, Survivors', and Disability Insurance Benefits), that the provisions presently authorizing an increase in old-age insurance benefits for individuals who delay their retirement until after they attain age 65 shall be available to qualified individuals who retire and become entitled to benefits before attaining such age but who repay the amount of such benefits.