,,ii #aaf? ,,congress #a/ ,session ,s4 #dgh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #ac1 #bjai,mr4 ,s&]s 7= himself1 ,mrs4 ,gillibr&1 ,mr4 ,m]kley1 ,mr4 ,book]1 & ,ms4 ,h>ris7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to enhance ,social ,security b5efits & ensure ! long-t]m solv5cy ( ! ,social ,security program4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,social ,security ,expansion ,act4 7b7 ,table ( cont5ts ,! table ( cont5ts ( ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,sec4 #b4 ,across-!-bo>d b5efit increase4 ,sec4 #c4 ,computation ( co/-(-liv+ increases4 ,sec4 #d4 ,increase 9 m9imum b5efit = lifetime l[ e>n]s bas$ on ye>s 9 ! work=ce4 ,sec4 #e4 ,ext5d$ b5efit eligibility = *ildr5 :o are full-"t /ud5ts4 ,sec4 #f4 ,payroll tax on remun]ation up to contribution & b5efit base & m ?an #bej1jjj4 ,sec4 #g4 ,tax on net e>n+s f self-employm5t up to contribution & b5efit base & m ?an #bej1jjj4 ,sec4 #h4 ,tax on inve/m5t ga94 ,sec4 #i4 ,social ,security ,tru/ ,fund e/abli%$4 #b4 ,across-!-bo>d b5efit increase 7a7 ,9 g5]al ,section #bae7;a77#a77;,b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;a77#a77;,b77 is am5d$-- 7#a7 by r$esignat+ clause 7iii7 z clause 7iv72 & 7#b7 by ins]t+ aft] clause 7ii7 ! foll[+ new clause3 7iii7 ,= individuals :o initially become eligible = old-age or disability insurance b5efits1 or :o die 7be=e becom+ eligible = su* b5efits7 9 any cal5d> ye> aft] #bjbd1 ea* ( ! am\nts det]m9$ "u clause 7ii7 ( ?is subp>agraph = purposes ( subp>agraph 7,a77i7 %all be increas$ by-- 7,i7 = cal5d> ye> #bjbe1 #a p]c5t2 7,,ii7 = ea* ( cal5d> ye>s #bjbf ?r\gh #bjch1 ! p]c5t det]m9$ "u ?is clause = ! prec$+ ye> increas$ by #a p]c5tage po9t2 & 7,,iii7 = cal5d> ye> #bjci & ea* ye> !reaft]1 #ae p]c5t4 4 7b7 ,con=m+ am5dm5t ,clause 7iv7 ( section #bae7;a77#a77;,b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;a77#a77;,b771 z r$esignat$ by subsection 7a71 is am5d$ by ins]t+ 7aft] ! application ( clause 7iii71 :5 applicable7 aft] clause 7ii74 #c4 ,computation ( co/-(-liv+ increases 7a7 ,9 g5]al ,section #bae7;i77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77#a77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,h7 ! t]m ,consum] ,price ,index means ! ,consum] ,price ,index = ,eld]ly ,consum]s 7,,cpi-,e1 z publi%$ by ! ,bureau ( ,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor74 4 7b7 ,application to pre-#aigi law 7#a7 ,9 g5]al ,section #bae7;i77#a7 ( ! ,social ,security ,act z 9 effect 9 ,decemb] #aigh1 & z appli$ 9 c]ta9 cases "u ! provisions ( su* ,act z 9 effect aft] ,decemb] #aigh1 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ! t]m ,consum] ,price ,index means ! ,consum] ,price ,index = ,eld]ly ,consum]s 7,,cpi-,e1 z publi%$ by ! ,bureau ( ,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor74 4 7#b7 ,con=m+ *ange ,section #bae7;i77#d7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77#d77 is am5d$-- 7,a7 by /rik+ & by section #ijja & ins]t+ 1 section #ijja2 & 7,b7 by ins]t+ & section #c ( ! ,social ,security ,expansion ,act1 aft] #aihf14 7c7 ,no effect on adju/m5ts "u o!r laws ,section #bae7;i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77 is am5d$ by add+ at ! end ! foll[+3 7#f7 ,any provision ( law 7o!r ?an 9 ?is title1 title ,,viii1 or title ,,xvi7 :i* provides = adju/m5t ( an am\nt bas$ on a *ange 9 b5efit am\nts result+ f a det]m9ation made "u ?is subsection %all be appli$ & adm9i/]$ )\t reg>d to ! am5dm5ts made by section #c ( ! ,social ,security ,expansion ,act1 &1 = purposes ( mak+ su* an adju/m5t "u su* a provision1 ?is subsection z 9 effect on ! day be=e ! date ( enactm5t ( su* ,act %all cont9ue to apply4 4 7d7 ,publication ( ,consum] ,price ,index = ,eld]ly ,consum]s ,! ,bureau ( ,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor %all prep>e & publi% ! index au?oriz$ by section #aia ( ! ,old] ,am]icans ,am5dm5ts ,act ( #aihg 7#bi ,u4,s4,c4 #b note7 = ea* cal5d> mon?1 beg9n+ ) ,july ( ! cal5d> ye> foll[+ ! cal5d> ye> 9 :i* ?is ,act is enact$1 & su* index %all be kn[n z ! ,consum] ,price ,index = ,eld]ly ,consum]s4 7e7 ,effective date ,! am5dm5ts made by subsection 7a7 %all apply to det]m9ations made ) respect to co/-(-liv+ computation qu>t]s 7z def9$ 9 section #bae7;i77#a77;,b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77#a77;,b777 end+ on or aft] ,septemb] #cj ( ! second cal5d> ye> foll[+ ! cal5d> ye> 9 :i* ?is ,act is enact$4 #d4 ,increase 9 m9imum b5efit = lifetime l[ e>n]s bas$ on ye>s 9 ! work=ce 7a7 ,9 g5]al ,section #bae7;a77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;a77#a77 is am5d$-- 7#a7 by r$esignat+ subp>agraph 7,d7 z subp>agraph 7,e72 & 7#b7 by ins]t+ aft] subp>agraph 7,c7 ! foll[+ new subp>agraph3 7,d7 7i7 ,effective ) respect to ! b5efits ( individuals :o become eligible = old-age insurance b5efits or disability insurance b5efits 7or die be=e becom+ s eligible7 aft] #bjai1 no prim>y insurance am\nt comput$ "u subp>agraph 7,a7 may be less ?an ! great] (-- 7,i7 ! m9imum mon?ly am\nt comput$ "u subp>agraph 7,c72 or 7,,ii7 9 ! case ( an individual :o has m ?an #aj ye>s ( "w 7z def9$ 9 clause 7iv77,i771 ! alt]native m9imum am\nt det]m9$ "u clause 7ii74 7ii7 7,i7 ,! alt]native m9imum am\nt det]m9$ "u ?is clause is ! applicable p]c5tage ( #a_/ab ( ! annual doll> am\nt det]m9$ "u clause 7iii7 = ! ye> 9 :i* ! am\nt is det]m9$4 7,,ii7 ,= purposes ( subclause 7,i71 ! applicable p]c5tage is ! p]c5tage specifi$ 9 connection ) ! numb] ( ye>s ( "w1 z set =? 9 ! foll[+ table3 ,if ! numb] ( years,the applicable ( "w is3p]c5tage is3#aaf4be p]c5t#abab4ej p]c5t#acah4ge p]c5t#adbe4jj p]c5t#aeca4be p]c5t#afcg4ej p]c5t#agdc4ge p]c5t#ahej4jj p]c5t#aief4be p]c5t#bjfb4ej p]c5t#bafh4ge p]c5t#bbge4jj p]c5t#bcha4be p]c5t#bdhg4ej p]c5t#beic4ge p]c5t#bfajj4jj p]c5t#bgajf4be p]c5t#bhaab4ej p]c5t#biaah4ge p]c5t#cj or m#abe4jj p]c5t4 7iii7 ,! annual doll> am\nt det]m9$ "u ?is clause is-- 7,i7 = cal5d> ye> #bjbj1 ! pov]ty guidel9e = #bjai2 & 7,,ii7 = any cal5d> ye> aft] #bjbj1 ! annual doll> am\nt = #bjbj multipli$ by ! ratio (-- 7aa7 ! national av]age wage index 7z def9$ 9 section #bji7k77#a77 = ! second cal5d> ye> prec$+ ! cal5d> ye> = :i* ! det]m9ation is made1 to 7bb7 ! national av]age wage index 7z s def9$7 = #bjah4 7iv7 ,= purposes ( ?is subp>agraph-- 7,i7 ! t]m ye> ( "w means1 ) respect to an individual1 a ye> to :i* #d qu>t]s ( cov]age h be5 cr$it$ bas$ on su* individual's wages & self-employm5t income2 & 7,,ii7 ! t]m pov]ty guidel9e = #bjai means ! annual pov]ty guidel9e = #bjai 7z updat$ annually 9 ! ,f$]al ,regi/] by ! ,dep>tm5t ( ,heal? & ,human ,s]vices "u ! au?ority ( section #fgc7b7 ( ! ,omnibus ,budget ,reconciliation ,act ( #aiha7 z applicable to a s+le individual4 4 7b7 ,recomputation ,not)/&+ section #bae7;f77#a7 ( ! ,social ,security ,act1 ! ,commission] ( ,social ,security %all recompute prim>y insurance am\nts orig9ally comput$ = mon?s prior to ,novemb] #bjah to ! ext5t necess>y to c>ry out ! am5dm5ts made by ?is section4 7c7 ,con=m+ am5dm5t ,section #bji7k77#a7 ( su* ,act 7#db ,u4,s4,c4 #dji7k77#a77 is am5d$ by ins]t+ #bae7;a77#a77;,e71 aft] #bae7;a77#a77;,d714 #e4 ,ext5d$ b5efit eligibility = *ildr5 :o are full-"t /ud5ts 7a7 ,9 g5]al 7#a7 ,9 g5]al ,section #bjb7;d7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #djb7;d77 is am5d$-- 7,a7 9 p>agraph 7#a7-- 7i7 9 subp>agraph 7,b7-- 7,i7 by /rik+ or 7ii7 & ins]t+ 7ii72 & 7,,ii7 by ins]t+ or 7iii7 0 ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual & 0 a full-"t /ud5t at an educational in/itution & _h n atta9$ ! age ( #bb1 aft] #bb12 7ii7 9 subp>agraph 7,e7-- 7,i7 by /rik+ & 7ii7 & ins]t+ 7ii72 & 7,,ii7 by ins]t+ & 7iii7 is n a full-"t /ud5t at an educational in/itution dur+ any "p ( su* mon? 79 ! case ( a *ild :o is ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual7 be=e ! comma at ! end2 7iii7 9 subp>agraph 7,f71 by /rik+ clauses 7i7 & 7ii7 & ins]t+ ! foll[+3 7i7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to old-age insurance b5efits-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t elem5t>y or second>y s*ool /ud5t1 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #ai1 & 7ii7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t /ud5t at an educational in/itution1 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #bb1 2 & 7iv7 9 subp>agraph 7,g71 by /rik+ clauses 7ii7 & 7iii7 & ins]t+ ! foll[+3 7ii7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to old-age insurance b5efits-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t elem5t>y or second>y s*ool /ud5t1 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #ai1 & 7iii7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t /ud5t at an educational in/itution1 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #bb1 2 7,b7 9 p>agraph 7#f7-- 7i7 9 subp>agraph 7,a7-- 7,i7 by /rik+ or 7ii7 & ins]t+ 7ii72 & 7,,ii7 by ins]t+ or 7iii7 is ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual & is a full-"t /ud5t at an educational in/itution & has n atta9$ ! age ( #bb1 aft] #bb12 & 7ii7 by /rik+ subp>agraphs 7,d7 & 7,e7 & ins]t+ ! foll[+3 7,d7 ! e>li] (-- 7i7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to old-age insurance b5efits-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t elem5t>y or second>y s*ool /ud5t2 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #ai2 & 7ii7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t /ud5t at an educational in/itution2 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #bb2 b only if ! *ild is n "u a disability 7z s def9$7 9 su* e>li] mon?2 or 7,e7 if ! *ild 0 "u a disability 7z s def9$71 ! t]m9ation mon? 7z def9$ 9 p>agraph 7#a77;,g77i771 subject to section #bbc7;e71 or 7if lat]7 ! e>li] (-- 7i7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to old-age insurance b5efits-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t elem5t>y or second>y s*ool /ud5t2 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #ai2 & 7ii7 9 ! case ( a *ild :o is ! *ild ( an individual entitl$ to disability insurance b5efits or ( an individual :o dies a fully or curr5tly insur$ individual-- 7,i7 ! fir/ mon? dur+ no "p ( :i* ! *ild is a full-"t /ud5t at an educational in/itution2 or 7,,ii7 ! mon? 9 :i* ! *ild atta9s ! age ( #bb4 2 & 7,c7 9 p>agraph 7#g71 by add+ at ! end ! foll[+ new p>agraphs3 7,e7 ,! t]m full-"t /ud5t at an educational in/itution means an individual :o is 9 full-"t att5dance z a /ud5t at an elem5t>y s*ool 7b only 9 ! case ( an individual :o has n atta9$ ! age ( #ai7 or a second>y s*ool or an in/itution describ$ 9 section #ajb ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjb71 z det]m9$ by ! ,commission] ( ,social ,security 79 accordance ) regulations prescrib$ by ! ,commission]7 9 ! light ( ! /&>ds & practices ( ! s*ools & in/itutions involv$1 except t no individual %all be consid]$ a full-"t /ud5t at an educational in/itution if ! individual is paid by 8 employ] :ile att5d+ a s*ool or in/itution at ! reque/1 or pursuant to a requirem5t1 ( 8 employ]4 ,an individual %all n be consid]$ a full-"t /ud5t at an educational in/itution = ! purpose ( ?is section :ile t individual is conf9$ 9 a jail1 prison1 or o!r p5al in/itution or correctional facility1 pursuant to ! individual's conviction ( an (f5se 7committ$ aft] ! effective date ( ?is s5t5ce7 :i* con/itut$ a felony "u applicable law4 ,an individual :o is det]m9$ to be a full-"t /ud5t at an educational in/itution %all be deem$ to be su* a /ud5t ?r\gh\t ! mon? ) respect to :i* su* det]m9ation is made4 7,f7 ,except to ! ext5t provid$ 9 su* regulations1 an individual %all be deem$ to be a full-"t /ud5t at a s*ool or educational in/itution dur+ any p]iod ( nonatt5dance at a s*ool or in/itution at :i* he has be5 9 full-"t att5dance if 7i7 su* p]iod is #d cal5d> mon?s or less1 & 7ii7 ! individual %[s to ! satisfaction ( ! ,commission] ( ,social ,security t ! individual int5ds to cont9ue to be 9 full-"t att5dance at a second>y s*ool or in/itution describ$ 9 section #ajb ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjb7 imm$iately foll[+ su* p]iod4 ,an individual :o does n meet ! requirem5t ( clause 7ii7 ) respect to su* p]iod ( nonatt5dance %all be deem$ to h met su* requirem5t 7z ( ! beg9n+ ( su* p]iod7 if he is 9 full-"t att5dance at su* a s*ool or in/itution imm$iately foll[+ su* p]iod4 7,g7 ,a *ild :o atta9s age #bb at a "t :5 ! *ild is a full-"t /ud5t ( an educational in/itution 7z def9$ 9 subp>agraph 7,e7 & )\t application ( subp>agraph 7,f77 b has n 7at su* "t7 complet$ ! requirem5ts =1 or receiv$1 a diploma or equival5t c]tificate f a second>y s*ool 7z def9$ 9 subp>agraph 7,c77i77 or1 if su* *ild is a /ud5t at an educational in/itution describ$ 9 section #ajb ( ! ,high] ,education ,act ( #aife1 a diploma1 degree1 or equival5t degree f su* an in/itution1 %all be deem$ 7= purposes ( det]m9+ :e!r ! *ild's entitlem5t to b5efits "u ?is subsection has t]m9at$ "u p>agraph 7#a77;,f7 & = purposes ( det]m9+ 8 initial entitlem5t to su* b5efits "u clause 7iii7 ( p>agraph 7#a77;,b77 n to h atta9$ su* age until ! fir/ day ( ! fir/ mon? foll[+ ! end ( ! qu>t] or seme/] 9 :i* he is enroll$ at su* "t 7or1 if ! second>y s*ool or educational in/itution 9 :i* he is enroll$ is n op]at$ on a qu>t] or seme/] sy/em1 until ! fir/ day ( ! fir/ mon? foll[+ ! completion ( ! c\rse 9 :i* ! *ild is s enroll$ or until ! fir/ day ( ! ?ird mon? beg9n+ aft] su* "t1 :i*ev] fir/ occurs74 4 7#b7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to *ild's insurance b5efits t are payable = mon?s beg9n+ on or aft] ,janu>y #a1 #bjbj4 7b7 ,railroad ,retirem5t ,act 7#a7 ,section #b7;d7 ( ! ,railroad ,retirem5t ,act ( #aigd 7#de ,u4,s4,c4 #bcb7b77;d77 is am5d$-- 7,a7 9 clause 7iii7 ( p>agraph 7#a71 by /rik+ w be less ?an n9ete5 ye>s ( age & a full-"t elem5t>y or second>y s*ool /ud5t & ins]t+ w be less ?an #bb ye>s ( age & a full-"t /ud5t at an educational in/itution 7z def9$ 9 section #bjb7;d77#g77;,e7 ( ! ,social ,security ,act72 & 7,b7 9 p>agraph 7#d7-- 7i7 by /rik+ 7def9+ ! t]ms full-"t elem5t>y or second>y s*ool /ud5t & elem5t>y or second>y s*ool72 7ii7 by /rik+ n9ete5 & ins]t+ #bb2 7iii7 by /rik+ full-"t elem5t>y or second>y s*ool /ud5t & ins]t+ full-"t /ud5t at an educational in/itution2 7iv7 by /rik+ subp>agraph 7,a7 ( p>agraph 7#g7 ( section #bjb7;d7 ( ! ,social ,security ,act & )\t ! application ( subp>agraph 7,b7 & ins]t+ subp>agraph 7,e7 ( section #bjb7;d77#g7 ( ! ,social ,security ,act1 )\t reg>d to subp>agraph 7,f7 ( su* section2 7v7 by /rik+ a diploma or equival5t c]tificate f a second>y s*ool 7z def9$ 9 section #bjb7;d77#g77;c77i7 ( ! ,social ,security ,act7 & ins]t+ a diploma1 degree1 or equival5t c]tificate f a second>y s*ool or educational in/itution describ$ 9 section #bjb7;d77#g77;,e7 ( ! ,social ,security ,act2 & 7vi7 by /rik+ elem5t>y or second>y s*ool 9 :i* he is enroll$ & ins]t+ s*ool or in/itution 9 :i* ! *ild is enroll$4 7#b7 ,section #e7;c77#g7 ( ! ,railroad ,retirem5t ,act ( #aigd 7#de ,u4,s4,c4 #bce7;c77#g77 is am5d$-- 7,a7 by /rik+ full-"t elem5t>y or second>y s*ool /ud5t & ins]t+ full-"t /ud5t at an educational in/itution2 & 7,b7 by /rik+ #ai & ins]t+ #bb4 7#c7 ,! am5dm5ts made by ?is subsection %all apply to b5efits "u ! ,railroad ,retirem5t ,act ( #aigd t are payable = mon?s beg9n+ on or aft] ,janu>y #a1 #bjbj4 #f4 ,payroll tax on remun]ation up to contribution & b5efit base & m ?an #bej1jjj 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #caba7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] su* cal5d> ye>4 ! foll[+3 ,! prec$+ s5t5ce %all apply only to cal5d> ye>s = :i* ! contribution & b5efit base 7z s det]m9$7 is less ?an #bej1jjj1 &1 = su* cal5d> ye>s1 only to s mu* ( ! remun]ation paid to su* employee by su* employ] ) respect to employm5t z does n exce$ #bej1jjj44 7b7 ,con=m+ am5dm5t ,p>agraph 7#a7 ( section #caba ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,act7 to & ins]t+ ,act71 or 9 excess ( #bej1jjj1 to4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to remun]ation paid on or aft] ,janu>y #a ( ! fir/ cal5d> ye> t beg9s aft] ! date ( enactm5t ( ?is ,act4 #g4 ,tax on net e>n+s f self-employm5t up to contribution & b5efit base & m ?an #bej1jjj 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #adjb7;b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#a7 9 ! case ( ! tax impos$ by section #adja7;a71 ! excess (-- 7,a7 t "p ( ! net e>n+s f self-employm5t :i* is 9 excess (-- 7i7 an am\nt equal to ! contribution & b5efit base 7z det]m9$ "u section #bcj ( ! ,social ,security ,act7 :i* is effective = ! cal5d> ye> 9 :i* su* taxable ye> beg9s1 m9us 7ii7 ! am\nt ( ! wages paid to su* individual dur+ su* taxable ye>s1 ov] 7,b7 t "p ( ! net e>n+s f self-employm5t :i* is 9 excess ( ! sum (-- 7i7 ! excess (-- 7,i7 ! net e>n+ f self-employm5t r$uc$ by ! excess 7if any7 ( subp>agraph 7,a77i7 ov] subp>agraph 7,a77ii71 ov] 7,,ii7 #bej1jjj1 r$uc$ by su* contribution & b5efit base1 plus 7ii7 ! am\nt ( ! wages paid to su* individual dur+ su* taxable ye> 9 excess ( su* contribution & b5efit base & n 9 excess ( #bej1jjj2 or 4 7b7 ,phase\t ,subsection 7b7 ( section #adjb ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 ,p>agraph 7#a7 %all apply only to taxable ye>s beg9n+ 9 cal5d> ye>s = :i* ! contribution & b5efit base 7z det]m9$ "u section #bcj ( ! ,social ,security ,act7 is less ?an #bej1jjj44 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to net e>n+s f self-employm5t d]iv$1 & remun]ation paid1 on or aft] ,janu>y #a ( ! fir/ cal5d> ye> t beg9s aft] ! date ( enactm5t ( ?is ,act4 #h4 ,tax on inve/m5t ga9 7a7 ,9 g5]al ,subsection 7a7 ( section #adaa ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ #c4h p]c5t ea* place x appe>s & ins]t+ #aj p]c5t4 7b7 ,con=m+ am5dm5t ,! head+ = *apt] #b;,a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ & ,social ,security aft] ,m$ic>e4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( enactm5t ( ?is ,act4 #i4 ,social ,security ,tru/ ,fund e/abli%$ 7a7 ,9 g5]al ,section #bja7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dja7;a77 is am5d$ to read z foll[s3 7a7 ,!re is h]eby creat$ on ! books ( ! ,treasury ( ! ,unit$ ,/ates a tru/ fund to be kn[n z ! ,social ,security ,tru/ ,fund4 ,! ,social ,security ,tru/ ,fund %all consi/ ( ! securities held by ! ,secret>y ( ! ,treasury = ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ! am\nt /&+ to ! cr$it ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund on ! books ( ! ,treasury on ,janu>y #a ( ! fir/ cal5d> ye> beg9n+ aft] ! date ( ! enactm5t ( section #i ( ! ,social ,security ,expansion ,act1 :i* securities & am\nt ! ,secret>y ( ! ,treasury is au?oriz$ & direct$ to transf] to ! ,social ,security ,tru/ ,fund1 &1 9 addition1 su* gifts & beque/s z may be made z provid$ 9 subsection 7i77#a71 & su* am\nts z may be appropriat$ to1 or deposit$ 91 ! ,social ,security ,tru/ ,fund z h]e9aft] provid$4 ,!re is h]eby appropriat$ to ! ,social ,security ,tru/ ,fund = ! fir/ fiscal ye> t beg9s aft] date ( ! enactm5t ( section #i ( ! ,social ,security ,expansion ,act1 & = ea* fiscal ye> !reaft]1 out ( any moneys 9 ! ,treasury n o!rwise appropriat$1 am\nts equival5t to #ajj p]c5t (-- 7#a7 ! taxes impos$ by *apt] #ba 7o!r ?an sections #caja7;b7 & #caaa7;b77 ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to wages 7z def9$ 9 section #caba ( su* ,code7 report$ to ! ,secret>y ( ! ,treasury pursuant to subtitle ,f ( ! ,int]nal ,rev5ue ,code ( #aihf1 z det]m9$ by ! ,secret>y ( ! ,treasury by apply+ ! applicable rates ( tax "u su* *apt] 7o!r ?an sections #caja7;b7 & #caaa7;b77 to su* wages1 :i* wages %all be c]tifi$ by ! ,commission] ( ,social ,security on ! basis ( ! records ( wages e/abli%$ & ma9ta9$ by su* ,commission] 9 accordance ) su* reports2 7#b7 ! taxes impos$ by *apt] #b 7o!r ?an section #adja7;b77 ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to self-employm5t income 7z def9$ 9 section #adjb ( su* ,code7 report$ to ! ,secret>y ( ! ,treasury on tax returns "u subtitle ,f ( su* ,code1 z det]m9$ by ! ,secret>y ( ! ,treasury by apply+ ! applicable rate ( tax "u su* *apt] 7o!r ?an section #adja7;b77 to su* self-employm5t income1 :i* self-employm5t income %all be c]tifi$ by ! ,commission] ( ,social ,security on ! basis ( ! records ( self-employm5t income e/abli%$ & ma9ta9$ by ! ,commission] ( ,social ,security 9 accordance ) su* returns2 & 7#c7 #fb p]c5t ( ! taxes impos$ "u section #adaa ( ! ,int]nal ,rev5ue ,code ( #aihf4 ,! am\nts appropriat$ by p>agraphs 7#a71 7#b71 & 7#c7 %all be transf]r$ f "t to "t f ! g5]al fund 9 ! ,treasury to ! ,social ,security ,tru/ ,fund1 su* am\nts to be det]m9$ on ! basis ( e/imates by ! ,secret>y ( ! ,treasury ( ! taxes1 specifi$ 9 p>agraphs 7#a71 7#b71 & 7#c71 paid to or deposit$ into ! ,treasury2 & prop] adju/m5ts %all be made 9 am\nts subsequ5tly transf]r$ to ! ext5t prior e/imates 7 9 excess ( or 7 less ?an ! taxes specifi$ 9 su* p>agraphs4 ,all am\nts transf]r$ to ! ,social ,security ,tru/ ,fund "u ! prec$+ s5t5ce %all be inve/$ by ! ,manag+ ,tru/ee 9 ! same mann] & to ! same ext5t z ! o!r assets ( ! ,tru/ ,fund4 ,not)/&+ ! prec$+ s5t5ce1 9 any case 9 :i* ! ,secret>y ( ! ,treasury det]m9es t ! assets ( ! ,tru/ ,fund w\ld o!rwise be inadequate to meet ! ,tru/ ,fund's obligations = any mon?1 ! ,secret>y ( ! ,treasury %all transf] to ! ,tru/ ,fund on ! fir/ day ( su* mon? ! total am\nt :i* w\ld h be5 transf]r$ to ! ,tru/ ,fund "u ?is section z 9 effect on ,octob] #a1 #aiij2 & ! ,tru/ ,fund %all pay int]e/ to ! g5]al fund on ! am\nt s transf]r$ on ! fir/ day ( any mon? at a rate 7calculat$ on a daily basis1 & appli$ aga9/ ! diff]5ce betwe5 ! am\nt s transf]r$ on su* fir/ day & ! am\nt :i* w\ld h be5 transf]r$ to ! ,tru/ ,fund up to t day "u ! proc$ures 9 effect on ,janu>y #a1 #aihc7 equal to ! rate e>n$ by ! inve/m5ts ( ! ,tru/ ,fund 9 ! same mon? "u subsection 7d74 4 7b7 ,requir$ actu>ial analysis ,section #bja7;c7 ( ! ,social ,security ,act is am5d$ by /rik+ ! f\r? s5t5ce 9 ! matt] foll[+ p>agraph 7#e7 & ins]t+ ! foll[+3 ,su* report %all also include actu>ial analysis ( ! b5efit co/ ) respect to disabl$ b5efici>ies & _! auxili>ies1 to retir$ b5efici>ies & _! auxili>ies1 & to survivor b5efici>ies44 7c7 ,bo>d ( ,tru/ees 7#a7 ,bo>d ( ,tru/ees ( ,social ,security ,tru/ ,fund ,section #bja7;c7 ( ! ,social ,security ,act1 z am5d$ by subsection 7b7 ( ?is section1 is fur!r am5d$ 9 ! matt] prec$+ p>agraph 7#a7 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund 7h]e9aft] 9 ?is title call$ ! ,tru/ ,funds7 & ins]t+ ! ,social ,security ,tru/ ,fund 79 ?is title ref]r$ to z ! ,tru/ ,fund74 7#b7 ,cont9uity ( ,bo>d ( ,tru/ees ,! ,bo>d ( ,tru/ees ( ! ,social ,security ,tru/ ,fund creat$ by ! am5dm5t made by subsection 7a7 %all be a cont9u\s body ) ! ,bo>d ( ,tru/ees ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund 9 op]ation prior to ! effective date ( su* am5dm5t4 ,individuals s]v+ z memb]s ( ! ,bo>d ( ,tru/ees ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund z ( ! effective date ( su* am5dm5t %all s]ve ! rema9d] ( _! t]m z memb]s ( ! ,bo>d ( ,tru/ees ( ! ,social ,security ,tru/ ,fund4 7d7 ,con=m+ am5dm5ts relat$ to ,social ,security ,tru/ ,fund 7#a7 ,am5dm5t to section head+ ,! section head+ = section #bja ( ! ,social ,security ,act is am5d$ to read z foll[s3 ,social ,security ,tru/ ,fund4 7#b7 ,bo>d ( ,tru/ees ,section #bja7;c7 ( su* ,act1 z am5d$ by subsections 7b7 & 7c77#a71 is fur!r am5d$-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ ,bo>d ( ,tru/ees ( ! ,tru/ ,funds & ins]t+ ,bo>d ( ,tru/ees ( ! ,tru/ ,fund2 7,b7 9 p>agraph 7#a71 by /rik+ ,tru/ ,funds & ins]t+ ,tru/ ,fund2 7,c7 9 p>agraph 7#b7-- 7i7 by /rik+ ,tru/ ,funds & ins]t+ ,tru/ ,fund2 & 7ii7 by /rik+ _! & ins]t+ its2 7,d7 9 p>agraph 7#c71 by /rik+ ei!r ( ! ,tru/ ,funds & ins]t+ ! ,tru/ ,fund2 7,e7 9 p>agraph 7#e7-- 7i7 by /rik+ manag+ ! ,tru/ ,funds & ins]t+ manag+ ! ,tru/ ,fund2 & 7ii7 by /rik+ ,tru/ ,funds are & ins]t+ ,tru/ ,fund is2 7,f7 9 ! matt] foll[+ p>agraph 7#e71 by /rik+ ,tru/ ,funds ea* place x appe>s & ins]t+ ,tru/ ,fund2 & 7,g7 9 ! second s5t5ce 9 ! matt] foll[+ p>agraph 7#e71 by /rik+ :e!r ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund1 individually & collectively1 are & ins]t+ :e!r ! ,social ,security ,tru/ ,fund is4 7#c7 ,inve/m5ts ,section #bja ( su* ,act is am5d$ 9 subsections 7d7 & 7e7 by /rik+ ,tru/ ,funds ea* place x appe>s & ins]t+ ,tru/ ,fund4 7#d7 ,cr$it+ ( int]e/ & proce$s to ,tru/ ,funds ,section #bja7;f7 ( su* ,act is am5d$-- 7,a7 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund %all be cr$it$ to & =m a "p ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,disability ,insurance ,tru/ ,fund1 respectively & ins]t+ ! ,social ,security ,tru/ ,fund %all be cr$it$ to & =m a "p ( ! ,social ,security ,tru/ ,fund2 7,b7 by /rik+ ei!r ( ! ,tru/ ,funds & ins]t+ ! ,tru/ ,fund2 & 7,c7 by /rik+ su* ,tru/ ,fund & ins]t+ ! ,tru/ ,fund4 7#e7 ,adm9i/rative co/s ,section #bja7;g7 ( su* ,act is am5d$-- 7,a7 9 p>agraph 7#a7-- 7i7 9 subp>agraph 7,a71 by /rik+ ,( ! am\nts au?oriz$ to be made available out ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund "u ! prec$+ s5t5ce & all t foll[s ?r\gh 7,public ,law #ajc-bif742 & 7ii7 9 subp>agraph 7,b77i7-- 7,i7 by /rik+ subclauses 7,,ii7 & 7,,iii7 & ins]t+ ! foll[+3 7,,ii7 ! portion ( su* co/s :i* %\ld h be5 borne by ! ,social ,security ,tru/ ,fund1 2 & 7,,ii7 by r$esignat+ subclauses 7,,iv7 & 7,v7 z subclauses 7,,iii7 & 7,,iv72 7,b7 9 p>agraph 7#b7-- 7i7 by /rik+ ,tru/ ,funds & ins]t+ ,tru/ ,fund2 & 7ii7 by /rik+ ! la/ s5t5ce2 & 7,c7 9 p>agraph 7#d71 by /rik+ ,tru/ ,funds ea* place x appe>s & ins]t+ ,tru/ ,fund4 7#f7 ,b5efit paym5ts ,section #bja7;h7 ( su* ,act is am5d$ to read z foll[s3 7h7 ,all b5efit paym5ts requir$ to be made "u ?is title %all be made only f ! ,social ,security ,tru/ ,fund4 4 7#g7 ,gifts ,section #bja7;i7 ( su* ,act is am5d$-- 7,a7 9 p>agraph 7#a71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund2 & 7,b7 9 p>agraph 7#b77;,b71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund4 7#h7 ,travel exp5ses ,section #bja7;j7 ( su* ,act is am5d$ by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 or ! ,f$]al ,disability ,insurance ,tru/ ,fund 7z det]m9$ appropriate by ! ,commission] ( ,social ,security7 & ins]t+ ! ,social ,security ,tru/ ,fund4 7#i7 ,demon/ration projects ,section #bja7k7 ( su* ,act is am5d$ by /rik+ ! ,f$]al ,disability ,insurance ,tru/ ,fund & ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 z det]m9$ appropriate by ! ,commission] ( ,social ,security & ins]t+ ! ,social ,security ,tru/ ,fund4 7#aj7 ,b5efit *ecks ,section #bja7m7 ( su* ,act is am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ ea* ( ! ,tru/ ,funds & ins]t+ ! ,social ,security ,tru/ ,fund2 7,b7 9 p>agraph 7#c71 by /rik+ "o ( ! ,tru/ ,funds & ins]t+ ! ,tru/ ,fund2 & 7,c7 by /rik+ su* ,tru/ ,fund ea* place x appe>s & ins]t+ ! ,tru/ ,fund4 7#aa7 ,con=m+ repeals 7,a7 ,9 g5]al ,section #bja ( su* ,act is am5d$ by /rik+ subsections 7b71 7l71 & 7n74 7,b7 ,r$esignations ,section #bja ( su* ,act is fur!r am5d$-- 7i7 by r$esignat+ subsections 7c7 ?r\gh 7j7 z subsections 7b7 ?r\gh 7i71 respectively2 7ii7 by r$esignat+ subsection 7k7 z subsection 7j72 & 7iii7 by r$esignat+ subsection 7m7 z subsection 7k74 7,c7 ,ref]5ces to r$esignat$ sections 7i7 ,section #bja7;a7 ( su* ,act1 z am5d$ by subsection 7a7 ( ?is section1 is fur!r am5d$-- 7,i7 by /rik+ subsection 7i77#a7 & ins]t+ subsection 7h77#a72 & 7,,ii7 by /rik+ subsection 7d7 & ins]t+ subsection 7c74 7ii7 ,section #aaca7;b77#a7 ( su* ,act is am5d$ by /rik+ section #bja7;g77#a7 & ins]t+ section #bja7;f77#a74 7e7 ,o!r con=m+ am5dm5ts to ,social ,security ,act 7#a7 ,title ,,ii ,title ,,ii ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dja et seq47 is am5d$-- 7,a7 9 section #bjb7x77#c77;,b77iii71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund1 z appropriate1 & ins]t+ ! ,social ,security ,tru/ ,fund2 7,b7 9 section #bjf7;d77#e71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund1 z appropriate & ins]t+ ! ,social ,security ,tru/ ,fund2 7,c7 9 section #bjf7;e77#c77;,b71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund2 7,d7 9 section #bjh7;b77#e77;,a71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund1 z appropriate & ins]t+ ! ,social ,security ,tru/ ,fund2 7,e7 9 section #bae7;i77#a77;,f7-- 7i7 9 clause 7i7-- 7,i7 by /rik+ ! comb9$ balance 9 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ! balance 9 ! ,social ,security ,tru/ ,fund2 & 7,,ii7 by /rik+ & r$uc$ by ! out/&+ am\nt ( any loan 7includ+ int]e/ !reon7 !ret(ore made to ei!r su* ,fund f ! ,f$]al ,hospital ,insurance ,tru/ ,fund "u section #bja7l72 & 7ii7 9 clause 7ii7-- 7,i7 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund2 & 7,,ii7 by /rik+ 7o!r ?an paym5ts & all t foll[s ?r\gh f t ,acc\nt2 7,f7 9 section #bag7;g77#b71 by ins]t+ aft] ! fir/ s5t5ce ! foll[+3 ,= purposes ( any su* revision ( ! am\nt det]m9$ "u p>agraph 7#a7 t occurs 9 a ye> aft] #bjae1 any ref]5ce 9 su* p>agraph to ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund or ! ,f$]al ,disability ,insurance ,tru/ ,fund %all be deem$ to be a ref]5ce to ! ,social ,security ,tru/ ,fund42 7,g7 9 section #bba7;e7-- 7i7 by /rik+ ,tru/ ,funds ea* place x appe>s & ins]t+ ,tru/ ,fund2 & 7ii7 by /rik+ ! la/ s5t5ce2 7,h7 9 section #bba7;f71 by /rik+ ,tru/ ,funds & ins]t+ ,tru/ ,fund2 7,i7 9 section #bbb7;d7-- 7i7 9 ! section head+1 by /rik+ ,tru/ ,funds & ins]t+ ,tru/ ,fund2 7ii7 9 p>agraph 7#a71 by /rik+ to ! end t sav+s w accrue to ! ,tru/ ,funds z a result ( rehabilitat+ su* individuals1 !re are au?oriz$ to be transf]r$ f ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ to ! end t sav+s w accrue to ! ,tru/ ,fund z a result ( rehabilitat+ su* individuals1 !re are au?oriz$ to be transf]r$ f ! ,social ,security ,tru/ ,fund2 & 7iii7 by am5d+ p>agraph 7#d7 to read z foll[s3 7#d7 ,! ,commission] ( ,social ,security %all det]m9e accord+ to su* me?ods & proc$ures z ! ,commission] may deem appropriate ! total am\nt to be reimburs$ = ! co/ ( s]vices "u ?is subsection4 2 7,j7 9 section #bbh7;g7-- 7i7 9 ! section head+1 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 & 7ii7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 7,k7 9 section #bca7;c71 by /rik+ ,tru/ ,funds ea* place x appe>s & ins]t+ ,tru/ ,fund2 & 7,l7 9 section #bcd7;a77#a71 by /rik+ ,tru/ ,funds & ins]t+ ,tru/ ,fund4 7#b7 ,title ,,vii ,title ,,vii ( ! ,social ,security ,act 7#db ,u4,s4,c4 #ija et seq47 is am5d$-- 7,a7 9 section #gjc7;j71 by /rik+ ,f$]al ,disability ,insurance ,tru/ ,fund1 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 & ins]t+ ,social ,security ,tru/ ,fund2 7,b7 9 section #gjh7;c71 by /rik+ ! ,,oasdi tru/ fund ratio "u section #bja7l71 aft] comput+2 7,c7 9 section #gji-- 7i7 9 subsection 7a71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 & 7ii7 9 subsection 7b7-- 7,i7 9 p>agraph 7#a71 by /rik+ section #bja7l7 or2 & 7,,ii7 9 p>agraph 7#b71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 & 7,d7 9 section #gaj-- 7i7 9 subsection 7a71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 & 7ii7 9 subsection 7b7-- 7,i7 by /rik+ any ,tru/ ,fund specifi$ 9 subsection 7a7 & ins]t+ ! ,social ,security ,tru/ ,fund2 & 7,,ii7 by /rik+ paym5ts f any su* ,tru/ ,fund & ins]t+ paym5ts f ! ,social ,security ,tru/ ,fund4 7#c7 ,title ,,xi ,title ,,xi ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acja et seq47 is am5d$-- 7,a7 9 section #aajf7;b71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund2 7,b7 9 section #aabi7;e77#b77;,a71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund or ! ,f$]al ,disability ,insurance ,tru/ ,fund1 z det]m9$ appropriate by ! ,secret>y & ins]t+ ! ,social ,security ,tru/ ,fund2 7,c7 9 sections #aaca7;b77#b7 & #aadj7;c77#b71 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund2 7,d7 9 section #aade7;c7-- 7i7 by /rik+ p>agraphs 7#a7 & 7#b7 & ins]t+ ! foll[+3 7#a7 ! ,social ,security ,tru/ ,fund2 2 & 7ii7 by r$esignat+ p>agraphs 7#c7 & 7#d7 z p>agraphs 7#b7 & 7#c71 respectively2 & 7,e7 9 section #aadh7;j77#a77;,a7-- 7i7 9 ! fir/ s5t5ce1 by /rik+ ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ! ,social ,security ,tru/ ,fund2 & 7ii7 by /rik+ ! second s5t5ce4 7#d7 ,title ,,xviii ,title ,,xviii ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acie7 is am5d$-- 7,a7 9 section #ahag7;g71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & f ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 7,b7 9 section #ahdj7;a77#b71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund or ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 & 7,c7 9 section #ahda7;f71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & f ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund4 7f7 ,con=m+ am5dm5ts outside ( ,social ,security ,act 7#a7 ,budget 7,a7 ,(f-budget exemption ,section #dje7;a7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fee7;a77 is am5d$ by /rik+ ,f$]al ,old-,age & ,survivors ,insurance & ,f$]al ,disability ,insurance ,tru/ ,funds & ins]t+ ,social ,security ,tru/ ,fund4 7,b7 ,seque/ration exemption ,section #bee7;g77#a77;,a7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7#b ,u4,s4,c4 #ije7;g77#a77;,a77 is am5d$ by /rik+ ,paym5ts to ,social ,security ,tru/ ,funds & ins]t+ ,paym5ts to ! ,social ,security ,tru/ ,fund4 7#b7 ,tax 7,a7 ,taxable wages ,section #caba7l77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund4 7,b7 ,ov]paym5ts 7i7 ,section #fdjb7;d77#c77;,c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund or ! ,f$]al ,disability ,insurance ,tru/ ,fund1 :i*ev] is c]tifi$ to ! ,secret>y z appropriate by ! ,commission] ( ,social ,security & ins]t+ ,social ,security ,tru/ ,fund4 7ii7 ,subsection 7f77#b77;,b7 ( section #cgbj;,a ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund or ! ,f$]al ,disability ,insurance ,tru/ ,fund1 :i*ev] is c]tifi$ to ! ,secret>y ( ! ,treasury z appropriate by ! ,commission] ( ,social ,security & ins]t+ ,social ,security ,tru/ ,fund4 7#c7 ,false claims p5alties ,subsection 7g77#b7 ( section #chjf ( title #ca1 ,unit$ ,/ates ,code1 is am5d$-- 7,a7 9 subp>agraph 7,b7-- 7i7 by /rik+ ,secret>y ( ,heal? & ,human ,s]vices & ins]t+ ,commission] ( ,social ,security2 & 7ii7 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 & 7,b7 9 subp>agraph 7,c7-- 7i7 by /rik+ ,secret>y ( ,heal? & ,human ,s]vices & ins]t+ ,commission] ( ,social ,security2 & 7ii7 by /rik+ ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund4 7#d7 ,railroad ,retirem5t ,bo>d ,section #g ( ! ,railroad ,retirem5t ,act ( #aigd 7#de ,u4,s4,c4 #bca;f7 is am5d$-- 7,a7 9 subsection 7b77#b71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund & ins]t+ ,social ,security ,tru/ ,fund2 7,b7 9 subsection 7c77#b7-- 7i7 by /rik+ ,secret>y ( ,heal?1 ,education1 & ,welf>e ea* "t x appe>s & ins]t+ ,commission] ( ,social ,security2 & 7ii7 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 ! ,f$]al ,disability ,insurance ,tru/ ,fund1 ea* "t x appe>s & ins]t+ ,social ,security ,tru/ ,fund2 & 7,c7 9 subsection 7c77#d71 by /rik+ ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 ! ,f$]al ,disability ,insurance ,tru/ ,fund1 & ins]t+ ,social ,security ,tru/ ,fund4 7g7 ,rule ( con/ruction ,effective beg9n+ on ,janu>y #a ( ! fir/ cal5d> ye> beg9n+ aft] ! date ( ! enactm5t ( ?is section1 any ref]5ce 9 law to ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund or ! ,f$]al ,disability ,insurance ,tru/ ,fund is deem$ to be a ref]5ce to ! ,social ,security ,tru/ ,fund4 7h7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ,janu>y #a ( ! fir/ cal5d> ye> beg9n+ aft] ! date ( ! enactm5t ( ?is section4