3.0.0 17 2019-11-15T21:59:21Z 2019-11-15T21:59:21Z Senate S S 2008-11-20 110 ssfi00 Finance Committee Senate Standing Referred to 2008-11-20T19:31:46Z Notch Baby Act of 2007 110 288 HR 2007-01-18 Referred to the Subcommittee on Social Security. Related bill CRS Notch Fairness Act of 2007 110 368 HR 2007-01-18 Referred to the Subcommittee on Social Security. Related bill CRS 2008-11-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-11-20 Introduced in Senate IntroReferral 10000 9 Library of Congress V000127 Sen. Vitter, David [R-LA] David Vitter R LA N Social Welfare Old age, survivors and disability insurance Social security beneficiaries Social Welfare 00 2008-11-20 Introduced in Senate 2008-12-01T17:15:10Z Notch Fairness Act of 2008 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act with respect to the benefit computation formula for individuals affected by the changes in benefit computation rules enacted in the Social Security Amendments of 1977 who became eligible (at age 62) for (early retirement) old-age insurance benefits after 1978 and before 1989 (and reached age 65 for full-retirement benefits after 1981 and before 1992).

Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 55% to 5% keyed to the year an individual became eligible for (early retirement) benefits between 1978 and 1989.

Provides for an election to receive such payments in a lump sum.


]]> Notch Fairness Act of 2008 Short Titles as Introduced Notch Fairness Act of 2008 Display Title Notch Fairness Act of 2008 Official Title as Introduced A bill to amend title II of the Social Security Act to allow workers who attain age 65 after 1981 and before 1992 to choose either lump sum payments over four years totaling $5,000 or an improved benefit computation formula under a new 10-year rule governing the transition to the changes in benefit computation rules enacted in the Social Security Amendments of 1977, and for other purposes. Introduced in Senate 2008-11-20T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s17is/xml/BILLS-110s17is.xml 2008-11-20 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.