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1956 - Social Security Amendments of 1956, Pub. L. 84–880; 1958 - Social Security Amendments of 1958, Pub. L. 85–840; 1960 - Social Security Amendments of 1960, Pub. L. 86–778; 1961 - Social Security Amendments of 1961, Pub. L. 87–64; 1965 - Social Security Amendments of 1965, Pub. L. 89–97; 1966 - Tax Adjustment Act of 1966, Pub. L ...
Under the 1983 amendments to Social Security, a previously enacted increase in the payroll tax rate was accelerated, additional employees were added to the system, the full-benefit retirement age was slowly increased, and up to one-half of the value of the Social Security benefit was made potentially taxable income.
The bill went to a conference committee at which Mills worked to eliminate practically all of the Senate amendments. The bill went through more than 5// amendments before being passed by majority vote in the House (307–116) on July 27 and in the Senate on July 28 (70–24). [5] The legislation made two amendments to the Social Security Act of
John F. Kennedy. In 1961, JFK amended Social Security to allow workers to opt for early retirement at age 62 — but only men. The amendments also increased the minimum monthly benefit and the ...
April 20 is the 40th anniversary of the 1983 Social Security Amendments, which President Ronald Reagan signed after the bipartisan Greenspan Commission made its recommendations for reform. Congress...
As people grow older, their incomes decline and their healthcare expenses grow. Before Social Security, indigence was a part of old age for millions of elderly Americans, who depended on their...
Historically, the FRA was age 65. The 1983 Amendments to the Social Security Act gradually increased the FRA and, for individuals born in 1960 or later, the FRA is 67. The early retirement age (age 62) has not changed, but the monthly benefit amount paid at the early retirement age is lower if a person has a higher FRA.
The Social Security Amendments of 1983 (Public Law 98-21) provided for the WEP as a means of eliminating the "windfall" of social security benefits received by beneficiaries who also receive a pension based on work not covered by Social Security. [3]