A bill to amend title II of the Social Security Act to increase the increment in old-age benefits payable to individuals who delay their retirement beyond age 65.

Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to increase from one-twelfth of one percent to five-ninths of one percent the increment by which an individual's old-age benefits shall be increased because of delayed retirement beyond age 65.