S. 804 · 112th Congress
Social Security Solvency and Sustainability Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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Social Security Solvency and Sustainability Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to increase the normal retirement age by specified graduated stages to age 70.
What it does: CRS summary · Introduced in Senate · Apr 13, 2011
Social Security Solvency and Sustainability Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to increase the normal retirement age by specified graduated stages to age 70.
Raises the early retirement age by specified graduated stages to 64 for an individual who attains age 62 after December 31, 2027.
Revises requirements for computation of the age increase factor.
Revises the formula for the maximum age for delayed retirement credit.
Prescribes a formula for progressive indexing of an individual's primary insurance amount.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Social Security Solvency and Sustainability Act
Latest action (Apr 13, 2011): Read twice and referred to the Committee on Finance.
Policy area: Social Welfare · Origin: Senate · Introduced: Apr 13, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.