A bill to amend title II of the Social Security Act to provide that the combined earnings of a husband and wife during the period of their marriage shall be divided equally and shared between them for benefit purposes, so as to recognize the economic contribution of each spouse to the marriage and assure that each spouse will have social security protection in his or her own right.
Social Security Equity Act of 1982 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that the combined earnings of a married couple, which are attributable to the period of their marriage, shall be shared equally between them for purposes of determining the eligibility for, and amount of, OASDI benefits to which each spouse is or may become separately entitled.
Credits the survivor of the marriage with 100 percent of the combined total wages for the period of the marriage.
Declares that this Act shall not apply in specified cases where it would result in a reduction of OASDI benefits.
Sets forth certain age and marriage requirements with which married couples must comply in order for this Act to apply.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance requested executive comment from OMB; Treasury Department; Health and Human Services Department.
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