HR 4799 · 95th Congress · Social Welfare
A bill to amend title II of the Social Security Act to increase to $5,000 the amount of outside earnings which (subject to further increases under the automatic adjustment provisions) is permitted an individual each year without any deductions from benefits thereunder, and to provide that earnings in excess of that figure will reduce benefits by only one-third of the excess (rather than by one-half as at present).
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-03-10)
Plain Language Summary
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Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to increase to $5,000 the amount of outside earnings which is permitted an individual each year without any deduction from benefits under Title, and to provide that earnings in excess of that figure will reduce benefits by only one third of the excess.…
Summarized by Claude AI · Non-partisan · For informational purposes only