A bill to add a new title XX to the Social Security Act to provide for a minimum annual income of $3,750 in the case of single individuals and $5,000 in the case of married couples.

Provides, under the Social Security Act, for a minimum annual income of $3,750 in the case of single individuals and $5,000 in the case of married couples aged 62 and over. Sets forth provisions governing determination of annual income and payment of benefits.