A bill to amend title II of the Social Security Act to raise (to seven percent for each year of delayed retirement) the amount by which old-age insurance benefits are increased in the case of individuals who delay their retirement beyond age 65.

Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to raise to seven percent for each year of delayed retirement the amount by which an individual's old-age insurance benefits are to be increased on account of delayed retirement.