,i #aac? ,,congress #a/ ,session ,h4 ,r4 #aafj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #ad1 #bjac ,mrs4 ,lummis 7= h]self1 ,mr4 ,h>ris1 & ,mr4 ,la,malfa7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d title ,,ii ( ! ,social ,security ,act to set ! retirem5t b5efits age = today's six-ye>-olds at age #gj4 #a4 ,%ort title ,?is ,act may be cit$ z ,alex's ,law4 #b4 ,increase 9 ! full retirem5t age & ! e>ly retirem5t age 7a7 ,9 g5]al ,section #baf7l7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #daf7l77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 by /rik+ e>ly retirem5t age ea* place x appe>s & ins]t+ ! applicable ref]5ce age2 7,b7 by /rik+ ! age increase factor 7z det]m9$ "u p>agraph 7#c77 ea* place x appe>s & ins]t+ ! fir/ age increase factor 7z det]m9$ "u p>agraph 7#c77;,a772 7,c7 9 subp>agraph 7,a71 by /rik+ p>agraph 7#b7 & ins]t+ p>agraph 7#d72 7,d7 9 subp>agraph 7,d71 by /rik+ & aft] ! semicolon2 7,e7 9 subp>agraph 7,e71 by /rik+ #fg ye>s ( age4 & ins]t+ & be=e ,janu>y #a1 #bjbc1 #fg ye>s ( age22 & 7,f7 by ins]t+ aft] subp>agraph 7,e7 ! foll[+3 7,f7 ) respect to an individual :o atta9s ! applicable ref]5ce age aft] ,decemb] #ca1 #bjbb1 & be=e ,janu>y #a1 #bjfi1 #fg ye>s ( age plus ! numb] ( mon?s 9 ! second age increase factor 7z det]m9$ "u p>agraph 7#c77;,b77 = ! cal5d> ye> 9 :i* su* individual atta9s ! applicable ref]5ce age2 & 7,g7 ) respect to an individual :o atta9s ! applicable ref]5ce age aft] ,decemb] #ca1 #bjfh1 #gj ye>s ( age4 2 & 7#b7 by /rik+ p>agraphs 7#b7 & 7#c7 & ins]t+ ! foll[+3 7#b7 ,! t]m e>ly retirem5t age means-- 7,a7 9 ! case ( an old-age1 wife's1 or husb&'s insurance b5efit-- 7i7 ) respect to an individual :o atta9s ! applicable ref]5ce age be=e ,janu>y #a1 #bjbc1 #fb ye>s ( age2 & 7ii7 ) respect to an individual :o atta9s ! applicable ref]5ce age aft] ,decemb] #ca1 #bjbb1 & be=e ,janu>y #a1 #bjfi1 #fb ye>s ( age 79 ! case ( an old-age1 wife's1 or husb&'s insurance b5efit71 plus ! numb] ( mon?s 9 ! second age increase factor 7z det]m9$ "u p>agraph 7#c77;,b77 = ! cal5d> ye> 9 :i* su* individual atta9s ! applicable ref]5ce age2 & 7iii7 ) respect to an individual :o atta9s ! applicable ref]5ce age aft] ,decemb] #ca1 #bjfh1 #fe ye>s ( age2 & 7,b7 9 ! case ( a wid['s or wid[]'s insurance b5efit1 #b ye>s less ?an ! age provid$ "u subp>agraph 7,a74 7#c7 7,a7 ,! fir/ retirem5t age increase factor = any individual :o atta9s ! applicable ref]5ce age 9 a cal5d> ye> )9 ! #e-ye> p]iod consi/+ ( ! cal5d> ye>s #bjjj ?r\gh #bjjd or ! cal5d> ye>s #bjag ?r\gh #bjba %all be equal to #b_/ab ( ! numb] ( mon?s 9 ! p]iod beg9n+ ) ,janu>y ( ! fir/ cal5d> ye> 9 su* p]iod & end+ ) ,decemb] ( ! ye> 9 :i* ! individual atta9s ! applicable ref]5ce age4 7,b7 ,! second retirem5t age increase factor = any individual :o atta9s ! applicable ref]5ce age 9 ! #df-ye> p]iod consi/+ ( ! cal5d> ye>s #bjbc ?r\gh #bjfh %all be equal to #c_/dg ( ! numb] ( mon?s 9 ! p]iod beg9n+ ) ,janu>y #bjbc & end+ ) ,decemb] ( ! ye> 9 :i* ! individual atta9s ! applicable ref]5ce age4 ,9 any case 9 :i* ! second age increase factor = any cal5d> ye> is n a :ole numb] ( cal5d> mon?s1 su* factor %all be deem$ to be equal to ! next l[] :ole numb] ( cal5d> mon?s4 7#d7 ,! t]m applicable ref]5ce age means #fb ye>s ( age 79 ! case ( an old-age1 wife's1 or husb&'s insurance b5efit7 & #fj ye>s ( age 79 ! case ( a wid['s or wid[]'s insurance b5efit74 4 7b7 ,con=m+ ext5sion ( maximum age = entitlem5t to delay$ retirem5t cr$it ,section #bjb7w77#b77;,a7 ( su* ,act 7#db ,u4,s4,c4 #djb7w77#b77;,a77 is am5d$-- 7#a7 by /rik+ prior to ! mon? 9 :i* su* individual atta9$ age #gj1 & & ins]t+ prior to ! lat] (--2 & 7#b7 by add+ at ! end ! foll[+3 7i7 ! mon? 9 :i* su* individual w\ld atta9 age #gj1 or 7ii7 ! mon? :i* ends #c ye>s aft] ! end ( ! mon? 9 :i* su* individual atta9$ retirem5t age 7z def9$ 9 section #baf7l771 & 4 7c7 ,con=m+ increase 9 numb] ( elaps$ ye>s = purposes ( det]m9+ prim>y insurance am\nt ,section #bae7;b77#b77;,b77iii7 ( su* ,act 7#db ,u4,s4,c4 #dae7;b77#b77;,b77iii77 is am5d$ by /rik+ age #fb & ins]t+ e>ly retirem5t age4 7d7 ,/udy relat+ to additional con=m+ am5dm5ts 7#a7 ,9 g5]al ,z soon z practicable aft] ! date ( ! enactm5t ( ?is ,act1 ! ,commission] ( ,social ,security1 9 consultation ) ! ,secret>y ( ! ,treasury & ! ,secret>y ( ,heal? & ,human ,s]vices1 %all conduct a /udy ( ! additional te*nical & con=m+ am5dm5ts to title ,,ii ( ! ,social ,security ,act & o!r relevant provisions ( law relat+ to ! age ( a b5efici>y or applicant = b5efits :i* are necess>y to effectively c>ry out ! programs provid$ = "u su* title & o!r provisions1 tak+ into acc\nt ! am5dm5ts made by ?is section4 7#b7 ,report ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,commission] %all transmit to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate a report ( ! results ( ! /udy conduct$ pursuant to p>agraph 7#a74 ,! ,commission] %all include 9 su* report su* recomm5dations = legislative & adm9i/rative *anges z ! ,commission]1 9 consultation ) ! ,secret>y ( ! ,treasury & ! ,secret>y ( ,heal? & ,human ,s]vices1 det]m9es to be appropriate4