US HB1067 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 73-46)
Status: Introduced on February 13 2009 - 25% progression, died in committee
Action: 2009-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 13 2009 - 25% progression, died in committee
Action: 2009-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Notch Fairness Act of 2009 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise the formula for the computation of minimum Old Age Insurance benefits for individuals who reached age 65 in or after 1979, and to whom applies the 15-year transition period for the changes in benefit computation rules enacted in the Social Security Amendments of 1977. Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 55% to 5% and keyed to the year an individual became eligible for such benefits between 1979 and 1988. Allows such beneficiaries, in the alternative, to receive lump sum payments over four years totaling $5,000.
Title
Notch Fairness Act of 2009
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2009-02-13 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB81 (Related) 2009-01-06 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/1067/all-info |
| Text | https://www.congress.gov/111/bills/hr1067/BILLS-111hr1067ih.pdf |
