S 1251 · 97th Congress · Social Welfare
A bill to amend title II of the Social Security Act to increase the amount that a recipient may earn before being subject to a reduction in benefits on account of work.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB; Treasury Department; Health and Human Services Department.(1981-06-15)
Plain Language Summary
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Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase to $7,000 the amount which a beneficiary aged 65 or over may earn during each of taxable years 1981 and 1982 without a reduction in benefits. Provides that the amount which a beneficiary under the age of 65 may earn without a reduction in benefits shall be $5,200 for each of such years.…
Summarized by Claude AI · Non-partisan · For informational purposes only