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This document describes minor changes: Social Security Tax rates on Virgin Islands income, Social Security Disability Changes (Benefits during Appeal, Periodic Reviews, Reconsiderations), and Offsets related to public pensions. 1983 - Social Security Amendments of 1983, Pub. L. 98–21
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]
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 father of the social safety net, FDR signed the Social Security Bill into law on Aug. 14, 1935. He had called on Congress to craft a social insurance policy just 14 months before the bill ...
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...
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.
P.L. 98-21 Enacted 04/20/83 Social Security Amendments of 1983; P.L. 98-67 Enacted 08/05/83 Interest and Dividend Tax Compliance Act of 1983; P.L. 98-76 Enacted 08/12/83 Railroad Retirement Solvency Act of 1983; P.L. 98-135 Enacted 10/24/83 Federal Supplemental Compensation Amendments of 1983; P.L. 98-213 Enacted 12/08/83; P.L. 98-216 Enacted ...
In a ceremony on the South Lawn, President Reagan signs a bill to avert Social Security insolvency in 1983. Looking on are a range of figures, including Alan Greenspan, far left, Senator Robert ...