,i #aag? ,,congress #a/ ,session ,h4 ,r4 #ciba ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #ae1 #bjba,mrs4 ,walorski introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d title ,,ii ( ! ,social ,security ,act to repeal ! retirem5t e>n+s te/1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,s5ior ,citiz5s' ,fre$om to ,"w ,act ( #bjba4 #b4 ,repeal ( ! ,retirem5t ,e>n+s ,te/ 7a7 ,9 g5]al ,subsections 7b71 7c77#a71 7d71 7f71 7h71 7j71 & 7k7 ( section #bjc ( ! ,social ,security ,act 7#db ,u4,s4,c4 #djc7 are repeal$4 7b7 ,con=m+ am5dm5ts ,section #bjc ( su* ,act 7z am5d$ by subsection 7a77 is fur!r am5d$-- 7#a7 by r$esignat+ subsections 7c71 7e71 7g71 & 7l7 z subsections 7b71 7c71 7d71 & 7e71 respectively2 7#b7 9 subsection 7b7 7z s r$esignat$7-- 7,a7 by /rik+ ,noncov]$ ,"w ,outside ! ,unit$ ,/ates or2 7,b7 by r$esignat+ p>agraphs 7#b71 7#c71 & 7#d7 z p>agraphs 7#a71 7#b71 & 7#c71 respectively2 7,c7 by /rik+ p>agraphs 7#b71 7#c71 & 7#d7 (2 & 7,d7 by /rik+ ! la/ s5t5ce2 7#c7 9 subsection 7c7 7z s r$esignat$71 by /rik+ subsections 7c7 & 7d7 & ins]t+ subsection 7b72 7#d7 9 subsection 7d7 7z s r$esignat$71 by /rik+ subsection 7c7 ea* place x appe>s & ins]t+ subsection 7b72 & 7#e7 9 subsection 7e7 7z s r$esignat$71 by /rik+ subsection 7g7 or 7h77#a77;,a7 & ins]t+ subsection 7d74 7c7 ,additional con=m+ am5dm5ts 7#a7 ,provisions relat+ to b5efits t]m9at$ ^u deportation ,section #bjb7n77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #djb7n77#a77 is am5d$ by /rik+ ,section #bjc7;b71 7c71 & 7d7 & ins]t+ ,section #bjc7;b74 7#b7 ,provisions relat+ to exemptions f r$uctions bas$ on e>ly retirem5t ,section #bjb7q7 ( su* ,act 7#db ,u4,s4,c4 #djb7q77 is am5d$-- 7,a7 9 p>agraph 7#e77;,b71 by /rik+ section #bjc7;c77#b7 & ins]t+ section #bjc7;b77#a72 & 7,b7 9 p>agraph 7#g77;,a71 by /rik+ d$uctions "u section #bjc7;b71 #bjc7;c77#a71 #bjc7;d77#a71 or #bbb7;b7 & ins]t+ d$uctions on acc\nt ( "w "u section #bjc 7z 9 effect on ! day be=e ! date ( ! enactm5t ( ! ,s5ior ,citiz5s' ,fre$om to ,"w ,act ( #bjba7 or d$uctions "u section #bbb7;b74 7#c7 ,provisions relat+ to exemptions f r$uctions bas$ on disreg>d ( c]ta9 entitlem5ts to *ild's insurance b5efits ,section #bjb7s7 ( su* ,act 7#db ,u4,s4,c4 #djb7s77 is am5d$-- 7,a7 9 p>agraph 7#a71 by /rik+ p>agraphs 7#b71 7#c71 & 7#d7 ( section #bjc7;c7 & ins]t+ p>agraphs 7#a71 7#b71 & 7#c7 ( section #bjc7;b72 & 7,b7 9 p>agraph 7#c71 by /rik+ ,! la/ s5t5ce ( subsection 7c7 ( section #bjc1 subsection 7f77#a77;,c7 ( section #bjc1 & subsections & ins]t+ ,subsections4 7#d7 ,provisions relat+ to susp5sion ( ali5s' b5efits ,section #bjb7t77#g7 ( su* ,act 7#db ,u4,s4,c4 #djb7t77#g77 is am5d$ by /rik+ ,subsections 7b71 7c71 & 7d7 & ins]t+ ,subsection 7b74 7#e7 ,provisions relat+ to r$uctions 9 b5efits bas$ on maximum b5efits ,section #bjc7;a77#c77;,b77iii7 ( su* ,act 7#db ,u4,s4,c4 #djc7;a77#c77;,b77iii77 is am5d$ by /rik+ & subsections 7b71 7c71 & 7d7 & ins]t+ & subsection 7b74 7#f7 ,provisions relat+ to p5alties = misrepres5tations conc]n+ e>n+s = p]iods subject to d$uctions on acc\nt ( "w ,section #bjh7;a77#a77;,c7 ( su* ,act 7#db ,u4,s4,c4 #djh7;a77#a77;,c77 is am5d$ by /rik+ "u section #bjc7;f7 ( ?is title = purposes ( d$uctions f b5efits & ins]t+ "u section #bjc 7z 9 effect on ! day be=e ! date ( ! enactm5t ( ! ,s5ior ,citiz5s' ,fre$om to ,"w ,act ( #bjba7 = purposes ( d$uctions f b5efits on acc\nt ( "w4 7#g7 ,provisions tak+ into acc\nt e>n+s 9 det]m9+ b5efit computation ye>s ,clause 7,i7 9 ! next to la/ s5t5ce ( section #bae7;b77#b77;,a7 ( su* ,act 7#db ,u4,s4,c4 #dae7;b77#b77;,a77 is am5d$ by /rik+ no e>n+s z describ$ 9 section #bjc7;f77#e7 9 su* ye> & ins]t+ no wages1 & no net e>n+s f self-employm5t 79 excess ( net loss f self-employm5t71 9 su* ye>4 7#h7 ,provisions relat+ to r\nd+ ( b5efits ,section #bae7;g7 ( su* ,act 7#db ,u4,s4,c4 #dae7;g77 is am5d$ by /rik+ & any d$uction "u section #bjc7;b74 7#i7 ,provisions def9+ income = purposes ( ,,ssi ,section #afab7;a7 ( su* ,act 7#db ,u4,s4,c4 #achb;a7a77 is am5d$-- 7,a7 9 p>agraph 7#a77;,a71 by /rik+ z det]m9$ "u section #bjc7;f77#e77;,c7 & ins]t+ z def9$ 9 ! la/ two s5t5ces ( ?is subsection2 & 7,b7 by add+ at ! end 7aft] & bel[ p>agraph 7#b77;,h77 ! foll[+3 ,= purposes ( p>agraph 7#a77;,a71 ! t]m wages means wages z def9$ 9 section #bji1 b comput$ )\t reg>d to ! limitations z to am\nts ( remun]ation specifi$ 9 p>agraphs 7#a71 7#f77;,b71 7#f77;,c71 7#g77;,b71 & 7#h7 ( section #bji7;a74 ,9 mak+ ! computation "u ! prec$+ s5t5ce1 7,a7 s]vices :i* d n con/itute employm5t z def9$ 9 section #baj1 p]=m$ )9 ! ,unit$ ,/ates by an individual z an employee or p]=m$ outside ! ,unit$ ,/ates 9 ! active milit>y or naval s]vices ( ! ,unit$ ,/ates1 %all be deem$ to be employm5t z s def9$ if ! remun]ation = su* s]vices is n includible 9 comput+ ! individual's net e>n+s or net loss f self-employm5t = purposes ( title ,,ii1 & 7,b7 ! t]m wages %all be deem$ n to include 7i7 ! am\nt ( any paym5t made to1 or on behalf (1 an employee or any ( 8 or h] dep5d5ts 7includ+ any am\nt paid by an employ] = insurance or annuities1 or into a fund1 to provide = any su* paym5t7 on acc\nt ( retirem5t1 or 7ii7 any paym5t or s]ies ( paym5ts by an employ] to an employee or any ( 8 or h] dep5d5ts ^u or aft] ! t]m9ation ( ! employee's employm5t relation%ip because ( retirem5t aft] atta9+ an age specifi$ 9 a plan ref]r$ to 9 section #bji7;a77#aa77;,b7 or 9 a p5sion plan ( ! employ]4 4 7d7 ,repeal ( d$uctions on acc\nt ( "w "u ! ,railroad ,retirem5t ,program 7#a7 ,9 g5]al ,section #b ( ! ,railroad ,retirem5t ,act ( #aigd 7#de ,u4,s4,c4 #bca;a7 is am5d$-- 7,a7 by /rik+ subsection 7f72 & 7,b7 by /rik+ subsection 7g77#b7 & by r$esignat+ subsection 7g77#a7 z subsection 7g74 7#b7 ,con=m+ am5dm5ts 7,a7 ,section #c7;f77#a7 ( su* ,act 7#de ,u4,s4,c4 #bca;b7f77#a77 is am5d$ 9 ! fir/ s5t5ce by /rik+ be=e any r$uctions "u ! provisions ( section #b7;f7 ( ?is ,act14 7,b7 ,section #d7;g77#b7 ( su* ,act 7#de ,u4,s4,c4 #bca;c7g77#b77 is am5d$-- 7i7 9 clause 7i71 by /rik+ %all1 be=e any d$uctions "u section #b7;g7 ( ?is ,act1 & ins]t+ %all2 & 7ii7 9 clause 7ii71 by /rik+ any d$uctions "u section #b7;g7 ( ?is ,act & be=e4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply ) respect to taxable ye>s end+ aft] ,decemb] #ca1 #bjba4