US Congress Senate Bill 81 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2009 - 25% progression, died in chamber
Action: 2009-01-06 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

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.

Notch Fairness Act of 2009

Sen. David Vitter [R-LA]

Date	Chamber	Action
2009-01-06		Read twice and referred to the Committee on Finance.

HB1067 (Related) 2009-02-13 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/81/all-info
Text	https://www.congress.gov/111/bills/s81/BILLS-111s81is.pdf