A bill to provide for a study by the Secretary of Health and Human Services to develop recommendations for correcting the disparities in the computation of social security benefits (commonly referred to as the "notch problem") which were caused by the enactment (in 1977) of the present formula for computing primary insurance amounts under title II of the Social Security Act.

Directs the Secretary of Health and Human Services to conduct a study of the benefit disparities caused by the 1977 changes in the social security benefit formula. Directs the Secretary to report the results of the study to the Congress and the Congressional Budget Office. Directs the Director of the Congressional Budget Office to report to the Congress that Office's conclusions and recommendations regarding the Secretary's report.