,,ii #aahth ,,congress #b;d ,session ,s4 #ejag ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #aa1 #bjbd,mr4 ,schatz introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to improve the retirement security of ,american families by increasing ,social ,security benefits for current and future beneficiaries while making ,social ,security stronger for future generations4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,safeguarding ,american ,families and ,expanding ,social ,security ,act of #bjbd4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4,sec4 #b4 ,determination of taxable wages and self-employment income above contribution and benefit base after #bjbd4,sec4 #c4 ,adjustments to primary insurance amount formula and inclusion of surplus earnings for benefit determinations4,sec4 #d4 ,increase in benefit amounts for long-term eligible individuals4,sec4 #e4 ,computation of cost-of-living increases for ,social ,security benefits2 consumer price index for elderly consumers4,sec4 #f4 ,deemed wages for caregivers of dependent relatives4,sec4 #g4 ,increase in minimum benefit for lifetime low earners based on years in the workforce4,sec4 #h4 ,elimination of disability waiting period for disability insurance benefits and surviving spouse benefits4,sec4 #i4 ,tax on investment gain4,sec4 #aj4 ,holding ,,ssi1 ,medicaid1 and ,,chip beneficiaries harmless4 #b4 ,determination of taxable wages and self-employment income above contribution and benefit base after #bjbd 7a7 ,determination of taxable wages above contribution and benefit base after #bjbd 7#a7 ,amendments to the ,internal ,revenue ,code of #aihf ,section #caba of the ,internal ,revenue ,code of #aihf is amended-- 7,a7 in subsection 7a77#a71 by inserting the applicable percentage 7determined under subsection 7c77#a77 of before that part of the remuneration2 and 7,b7 in subsection 7c71 by striking 7c7 ,included and excluded service4--,for purposes of this chapter1 if and inserting the following3 7c7 ,special rules for wages and employment 7#a7 ,applicable percentage of remuneration in determining taxable wages ,for purposes of subsection 7a77#a71 the applicable percentage for a calendar year shall be equal to-- 7,a7 for #bjbe1 #hj percent2 7,b7 for #bjbf through #bjbh1 the applicable percentage under this paragraph for the previous year1 decreased by #bj percentage points2 and 7,c7 for #bjbi and each year thereafter1 #j percent4 7#b7 ,included and excluded service ,for purposes of this chapter1 if 4 7#b7 ,amendments to the ,social ,security ,act ,section #bji of the ,social ,security ,act 7#db ,u4,s4,c4 #dji7 is amended-- 7,a7 in subsection 7a77#a7-- 7i7 in subparagraph 7,i7-- 7,i7 by inserting and before #bjbe after #aigd2 and 7,,ii7 by inserting and after the semicolon2 7ii7 by adding at the end the following new subparagraph3 7,j7 ,the applicable percentage 7determined under subsection 7l77 of that part of remuneration which1 after remuneration 7other than remuneration referred to in the succeeding subsections of this section7 equal to the contribution and benefit base 7determined under section #bcj7 with respect to employment has been paid to an individual during any calendar year after #bjbd with respect to which such contribution and benefit base is effective1 is paid to such individual during such calendar year2 2 and 7,b7 by adding at the end the following new subsection3 7l7 ,for purposes of subsection 7a77#a77;,j71 the applicable percentage for a calendar year shall be equal to-- 7#a7 for #bjbe1 #hj percent2 7#b7 for #bjbf through #bjbh1 the applicable percentage under this subsection for the previous year1 decreased by #bj percentage points2 and 7#c7 for #bjbi and each year thereafter1 #j percent4 4 7#c7 ,effective date ,the amendments made by this subsection shall apply with respect to remuneration paid in calendar years after #bjbd4 7b7 ,determination of taxable self-,employment income above contribution and benefit base after #bjbd 7#a7 ,amendments to the ,internal ,revenue ,code of #aihf ,section #adjb of the ,internal ,revenue ,code of #aihf is amended-- 7,a7 in subsection 7b77#a71 by striking that part of the net earnings and all that follows through minus and inserting the following3 an amount equal to the applicable percentage 7as determined under subsection 7d77#b77 of that part of the net earnings from self-employment which is in excess of the difference 7not to be less than zero7 between 7i7 an amount equal to the contribution and benefit base 7as determined under section #bcj of the ,social ,security ,act7 which is effective for the calendar year in which such taxable year begins1 and2 and 7,b7 in subsection 7d7-- 7i7 by striking 7d7 ,employee and wages4--,the term and inserting the following3 7d7 ,rules and definitions 7#a7 ,employee and wages ,the term 2 and 7ii7 by adding at the end the following3 7#b7 ,applicable percentage of net earnings from self-employment in determining taxable self-employment income ,for purposes of subsection 7b77#a71 the applicable percentage for a taxable year beginning in any calendar year referred to in such subsection shall be equal to-- 7,a7 for #bjbe1 #hj percent2 7,b7 for #bjbf through #bjbh1 the applicable percentage under this paragraph for the previous year1 decreased by #bj percentage points2 and 7,c7 for #bjbi and each year thereafter1 #j percent4 4 7#b7 ,amendments to the ,social ,security ,act ,section #baa of the ,social ,security ,act 7#db ,u4,s4,c4 #daa7 is amended-- 7,a7 in subsection 7b7-- 7i7 in paragraph 7#a77;,i7-- 7,i7 by striking or after the semicolon2 and 7,,ii7 by inserting and before #bjbe after #aigd2 7ii7 by redesignating paragraph 7#b7 as paragraph 7#c72 and 7iii7 by inserting after paragraph 7#a7 the following3 7#b7 ,for any taxable year beginning in any calendar year after #bjbd1 an amount equal to the applicable percentage 7as determined under subsection 7l77 of that part of net earnings from self-employment which is in excess of the difference 7not to be less than zero7 between-- 7,a7 an amount equal to the contribution and benefit base 7as determined under section #bcj7 that is effective for such calendar year1 and 7,b7 the amount of the wages paid to such individual during such taxable year2 or 2 and 7,b7 by adding at the end the following3 7l7 ,for purposes of subsection 7b77#b71 the applicable percentage for a taxable year beginning in any calendar year referred to in such paragraph shall be equal to-- 7#a7 for #bjbe1 #hj percent2 7#b7 for #bjbf through #bjbh1 the applicable percentage under this subsection for the previous year1 decreased by #bj percentage points2 and 7#c7 for #bjbi and each year thereafter1 #j percent4 4 7#c7 ,effective date ,the amendments made by this subsection shall apply with respect to taxable years beginning after calendar year #bjbd4 #c4 ,adjustments to primary insurance amount formula and inclusion of surplus earnings for benefit determinations 7a7 ,increase in percentage factor for lowest portion of earnings used ,to determine primary insurance amounts ,section #bae7;a77#a77;,a77i7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dae7;a77#a77;,a77i77 is amended by striking #ij percent and inserting #ie percent4 7b7 ,inclusion of surplus average indexed monthly earnings in determination of primary insurance amounts 7#a7 ,in general ,section #bae7;a77#a77;,a7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dae7;a77#a77;,a77 is amended-- 7,a7 in clauses 7i71 7ii71 and 7iii71 by inserting basic before average indexed monthly earnings each place it appears2 7,b7 in clause 7ii71 by striking and at the end2 7,c7 in clause 7iii71 by adding and at the end2 and 7,d7 by inserting after clause 7iii7 the following new clause3 7iv7 #e percent of the individual's surplus average indexed monthly earnings1 4 7#b7 ,bend point adjustments ,section #bae7;a77#a77;,b7 of such ,act 7#db ,u4,s4,c4 #dae7;a77#a77;,b77 is amended-- 7,a7 in clause 7i71 by inserting ,for individuals who initially become eligible for old-age or disability insurance benefits1 or who die 7before becoming eligible for such benefits71 in the calendar year #bjbe1 the amount established for purposes of clause 7ii7 of subparagraph 7,a7 shall be #f1cjj4 after the period2 7,b7 in clause 7ii7-- 7i7 by redesignating subclauses 7,i7 and 7,,ii7 as items 7aa7 and 7bb71 respectively2 7ii7 by striking ,for individuals and inserting 7,i7 ,subject to subclause 7,,ii71 for individuals2 and 7iii7 by adding at the end the following new subclause3 7,,ii7 ,for individuals who initially become eligible for old-age or disability insurance benefits1 or who die 7before becoming eligible for such benefits71 in any calendar year after #bjbe1 the amount established for purposes of clause 7ii7 of subparagraph 7,a7 shall equal the product of the amount established with respect to calendar year #bjbe under clause 7i7 of this subparagraph and the quotient obtained by dividing-- 7aa7 the national average wage index 7as defined in section #bji7k77#a77 for the second calendar year preceding the calendar year for which the determination is made1 by 7bb7 the national average wage index 7as so defined7 for #bjbc4 2 7,c7 by redesignating clause 7iii7 as clause 7iv72 and 7,d7 by inserting after clause 7ii7 the following new clause3 7iii7 ,for individuals who initially become eligible for old-age or disability insurance benefits1 or who die 7before becoming eligible for such benefits7 in any calendar year after #bjbi1 the amount determined under clause 7ii7 of this subparagraph for purposes of subparagraph 7,a77i7 for such calendar year shall be increased by-- 7,i7 for calendar year #bjcj1 #a percent2 7,,ii7 for each of calendar years #bjca through #bjdc1 the percent determined under this clause for the preceding year increased by #a percentage point2 and 7,,iii7 for calendar year #bjdd and each year thereafter1 #ae percent4 4 7#c7 ,recomputation of benefits for existing beneficiaries ,section #bae7;f7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dae7;f77 is amended by adding at the end the following new paragraph3 7#aj7 ,recomputation of primary insurance amount for individuals who became eligible for benefits before #bjbe 7,a7 ,the ,commissioner of ,social ,security shall recompute the primary insurance amounts applicable to beneficiaries whose benefits are based on a primary insurance amount that was computed under this section effective prior to ,january #bjbe4 ,such recomputation shall be effective ,january #bjbe4 7,b7 ,in recomputing the primary insurance amount applicable to a beneficiary under this paragraph1 the ,commissioner of ,social ,security shall calculate the primary insurance amount of the individual under subsection 7a77#a7 as in effect on the date that such primary insurance amount was initially computed1 except that the ,commissioner shall substitute for the amount that applied under subparagraph 7,b77ii7 of such subsection on such date an amount equal to the product of-- 7i7 the amount that applied under such subparagraph on such date2 and 7ii7 the ratio of-- 7,i7 #f1cjj2 to 7,,ii7 #f1jjb4 7,c7 ,each amount determined under subparagraph 7,b7 shall be rounded to the nearest #a1 except that any amount so established which is a multiple of #j4ej but not of #a shall be rounded to the next higher #a4 7,d7 ,if a primary insurance amount applicable to a beneficiary1 as recomputed under this paragraph1 is lower than the primary insurance amount applicable to such beneficiary as it was originally computed1 such higher primary insurance amount shall continue to apply to such beneficiary4 4 7c7 ,basic ,,aime and surplus ,,aime 7#a7 ,basic ,,aime ,section #bae7;b77#a7 of such ,act 7#db ,u4,s4,c4 #dae7;b77#a77 is amended-- 7,a7 by inserting basic before average2 and 7,b7 in subparagraph 7,a71 by striking paragraph 7#c7 and inserting paragraph 7#c77;,a7 and by inserting before the comma the following3 to the extent such total does not exceed the contribution and benefit base for the applicable year4 7#b7 ,surplus ,,aime 7,a7 ,in general ,section #bae7;b77#a7 of such ,act 7as amended by paragraph 7#a77 is amended-- 7i7 by redesignating subparagraphs 7,a7 and 7,b7 as clauses 7i7 and 7ii71 respectively2 7ii7 by striking ,an individual's and inserting 7,a7 ,an individual's2 and 7iii7 by adding at the end the following new subparagraph3 7,b7 7i7 ,an individual's surplus average indexed monthly earnings shall be equal to the quotient obtained by dividing-- 7,i7 the total 7after adjustment under paragraph 7#c77;,b77 of such individual's surplus earnings 7determined under clause 7ii77 for such individual's benefit computation years 7determined under paragraph 7#b771 by 7,,ii7 the number of months in those years4 7ii7 ,for purposes of clause 7i7 and paragraph 7#c77;,b71 an individual's surplus earnings for a benefit computation year are the total of such individual's wages paid in and self-employment income credited to such benefit computation year1 to the extent such total 7before adjustment under paragraph 7#c77;,b77 exceeds the contribution and benefit base for such year4 4 7,b7 ,conforming amendment ,the heading for section #bae7;b7 of such ,act is amended by striking ,average ,indexed ,monthly ,earnings and inserting ,basic ,average ,indexed ,monthly ,earnings2 ,surplus ,average ,indexed ,monthly ,earnings4 7#c7 ,adjustment of surplus earnings for purposes of determining surplus ,,aime ,section #bae7;b77#c7 of such ,act 7#db ,u4,s4,c4 #dae7;b77#c77 is amended-- 7,a7 in subparagraph 7,a7-- 7i7 by striking subparagraph 7,b7 and inserting subparagraph 7,c72 and 7ii7 by inserting and determination of basic average indexed monthly income under paragraph 7#a77;,a7 after paragraph 7#b72 7,b7 by redesignating subparagraph 7,b7 as subparagraph 7,c72 and 7,c7 by inserting after subparagraph 7,a7 the following new subparagraph3 7,b7 ,for purposes of determining under paragraph 7#a77;,b7 an individual's surplus average indexed monthly earnings1 the individual's surplus earnings for a benefit computation year shall be deemed to be equal to the product of-- 7i7 the individual's surplus earnings for such year 7as determined without regard to this subparagraph71 and 7ii7 the quotient described in subparagraph 7,a77ii74 4 7d7 ,effective date ,the amendments made by this section shall apply with respect to individuals who initially become eligible 7within the meaning of section #bae7;a77#c77;,b7 of the ,social ,security ,act7 for old-age or disability insurance benefits under title ,,ii of the ,social ,security ,act1 or who die 7before becoming eligible for such benefits71 in any calendar year after #bjbi4 #d4 ,increase in benefit amounts for long-term eligible individuals 7a7 ,in general ,section #bjb of the ,social ,security ,act 7#db ,u4,s4,c4 #djb7 is amended by adding at the end the following new subsection3 7aa7 ,increase in benefit amounts for long-,term eligible individuals 7#a7 ,in general ,the amount of a monthly benefit which is payable to an individual for a month under subsections 7a7 through 7h7 or section #bbc7;a7 7as determined without regard to this subsection7 shall be increased by #e percent if the individual is a long-term eligible individual during any part of such month4 7#b7 ,long-term eligible individual defined 7,a7 ,in general ,the term long-term eligible individual means an individual who-- 7i7 is entitled to a monthly benefit under subsections 7a7 through 7h7 or section #bbc7;a72 and 7ii7 has attained #hb years of age or #bdj benefit months 7as defined in subparagraph 7,b771 whichever is earlier4 7,b7 ,benefit month 7i7 ,in general ,for purposes of subparagraph 7,a71 the term benefit month means a month for which an individual-- 7,i7 has attained age #ai2 and 7,,ii7 is entitled to a monthly benefit under subsections 7a7 through 7h7 of section #bjb or section #bbc7;a74 7ii7 ,exclusions ,such term excludes any month in which an individual is-- 7,i7 entitled to a benefit under this section or section #bbc7;a7 that is not payable or reduced to zero by application of subsection 7k71 7n71 7t71 7u71 7v71 or 7x7 of this section2 or 7,,ii7 subject to a penalty under section #aabi;,a4 7#c7 ,disregard of increase for purposes of family maximum ,the amount of any increase under this subsection to a monthly benefit amount of a long-term eligible individual shall be disregarded for purposes of applying section #bjc7;a74 4 7b7 ,conforming amendments 7#a7 ,section #bjb of the ,social ,security ,act 7#db ,u4,s4,c4 #djb7 is amended-- 7,a7 in subsection 7a71 by striking subsection 7q7 and subsection 7w7 and inserting subsections 7q71 7w71 and 7aa72 7,b7 in subsections 7b77#b7 and 7c77#b71 by striking subsections 7k77#e7 and 7q7 and inserting subsections 7k77#e71 7q71 and 7aa72 7,c7 in subsection 7d77#b71 by striking ,such child's each place it appears and inserting ,subject to subsection 7aa71 such child's2 7,d7 in subsections 7e77#b77;,a7 and 7f77#b77;,a71 by inserting subsection 7aa71 after subsection 7q712 7,e7 in subsection 7g77#b71 by striking ,such mother's or father's and inserting ,subject to subsection 7aa71 such mother's or father's2 and 7,f7 in subsection 7h77#b77;,a71 by inserting subsection 7aa7 and before subparagraphs 7,b7 and 7,c74 7#b7 ,section #bbc7;a77#b7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dbc7;a77#b77 is amended-- 7,a7 in the matter preceding subparagraph 7,a71 by striking section #bjb7q7 and inserting subsections 7q7 and 7aa7 of section #bjb2 and 7,b7 in subparagraph 7,b71 by striking clause 7ii7 and inserting subdivision 7ii7 or 7iii7 of the matter following subparagraph 7,e74 7c7 ,effective date ,the amendments made by this section shall apply to benefits payable for months in any calendar year after #bjbi4 #e4 ,computation of cost-of-living increases for ,social ,security benefits2 consumer price index for elderly consumers 7a7 ,computation of cost-of-,living increases 7#a7 ,in general ,section #bae7;i7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77 is amended-- 7,a7 in paragraph 7#a77;,g71 by inserting before the period the following3 1 and1 with respect to any monthly insurance benefit payable under this title1 effective for adjustments under this subsection to the primary insurance amount on which such benefit is based 7or to any such benefit under section #bbg or #bbh71 the applicable ,consumer ,price ,index shall be the ,consumer ,price ,index for ,elderly ,consumers and such primary insurance amount shall be adjusted under this subsection using such ,index2 and 7,b7 in paragraph 7#d7-- 7i7 by striking and by section #ijja and inserting 1 by section #ijja2 and 7ii7 by striking #aihf1 and inserting #aihf1 and by section #e7;a7 of the ,safeguarding ,american ,families and ,expanding ,social ,security ,act of #bjbd14 7#b7 ,conforming amendments in applicable former law ,section #bae7;i77#a77;,c7 of the ,social ,security ,act1 as in effect in ,december #aigh and applied in certain cases under the provisions of such ,act in effect after ,december #aigh1 is amended by inserting before the period the following3 1 and1 with respect to any monthly insurance benefit payable under this title1 effective for adjustments under this subsection to the primary insurance amount on which such benefit is based 7or to any such benefit under section #bbg or #bbh71 the applicable ,consumer ,price ,index shall be the ,consumer ,price ,index for ,elderly ,consumers and such primary insurance amount shall be adjusted under this subsection using such ,index4 7#c7 ,effective date ,the amendments made by this subsection shall apply to determinations made by the ,commissioner of ,social ,security under section #bae7;i77#b7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77#b77 with respect to cost-of-living computation quarters ending on or after ,september #cj1 #bjbe4 7b7 ,consumer price index for elderly consumers 7#a7 ,in general ,the ,bureau of ,labor ,statistics of the ,department of ,labor shall prepare and publish an index for each calendar month to be known as the ,consumer ,price ,index for ,elderly ,consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the ,united ,states who have attained early retirement age 7as defined under section #baf7l77#b7 of the ,social ,security ,act 7#db ,u4,s4,c4 #daf7l77#b77 for purposes of an old-age1 wife's1 or husband's insurance benefit74 7#b7 ,effective date ,paragraph 7#a7 shall apply with respect to calendar months ending on or after ,june #cj of the calendar year in which this ,act is enacted4 7#c7 ,authorization of appropriations ,there are authorized to be appropriated such sums as are necessary to carry out the provisions of this subsection4 #f4 ,deemed wages for caregivers of dependent relatives 7a7 ,in general ,title ,,ii of the ,social ,security ,act is amended by adding after section #bcd 7#db ,u4,s4,c4 #dcd7 the following new section3 #bce4 ,deemed wages for caregivers of dependent relatives 7a7 ,definitions ,for purposes of this section-- 7#a7 7,a7 ,subject to subparagraph 7,b71 the term qualifying month means1 in connection with an individual1 any month-- 7i7 beginning after the date of enactment of the ,safeguarding ,american ,families and ,expanding ,social ,security ,act of #bjbd2 and 7ii7 during which such individual was engaged for not less than #hj hours in providing care to a dependent relative without monetary compensation4 7,b7 ,the term qualifying month does not include any month ending after the date on which such individual attains retirement age 7as defined in section #baf7l774 7,c7 ,for purposes of subparagraph 7,a77ii71 assistance provided to a family caregiver of an eligible veteran under section #agbj;,g of title #ch1 ,united ,states ,code1 shall not be considered monetary compensation for providing care to such eligible veteran4 7#b7 ,the term dependent relative means1 in connection with an individual-- 7,a7 a child1 grandchild1 sibling1 niece1 or nephew 7of such individual or such individual's spouse or domestic partner71 or a child to which the individual or the individual's spouse or domestic partner is standing in loco parentis1 who is under the age of #af2 or 7,b7 a child1 grandchild1 niece1 or nephew 7of such individual or such individual's spouse or domestic partner71 a child to which the individual or the individual's spouse or domestic partner is standing in loco parentis1 a parent1 grandparent1 sibling1 aunt1 or uncle 7of such individual or his or her spouse or domestic partner71 or such individual's spouse or domestic partner1 if such child1 grandchild1 niece1 nephew1 parent1 grandparent1 sibling1 aunt1 uncle1 spouse1 or domestic partner is a chronically dependent individual4 7#c7 7,a7 ,the term chronically dependent individual means an individual who-- 7i7 is dependent on a daily basis on verbal reminding1 physical cueing1 supervision1 or other assistance provided to the individual by another person in the performance of at least two of the activities of daily living 7described in subparagraph 7,b77 or instrumental activities of daily living 7described in subparagraph 7,c772 and 7ii7 without the assistance described in clause 7i71 could not perform such activities of daily living or instrumental activities of daily living4 7,b7 ,the activities of daily living referred to in subparagraph 7,a7 means basic personal everyday activities1 including-- 7i7 eating2 7ii7 bathing2 7iii7 dressing2 7iv7 toileting2 and 7v7 transferring in and out of a bed or in and out of a chair4 7,c7 ,the instrumental activities of daily living referred to in subparagraph 7,a7 means activities related to living independently in the community1 including-- 7i7 meal planning and preparation2 7ii7 managing finances2 7iii7 shopping for food1 clothing1 or other essential items2 7iv7 performing essential household chores2 7v7 communicating by phone or other form of media2 and 7vi7 traveling around and participating in the community4 7b7 ,deemed ,wages of ,caregiver 7#a7 7,a7 ,for purposes of determining entitlement to and the amount of any monthly benefit for any month beginning after the date of enactment of ,safeguarding ,american ,families and ,expanding ,social ,security ,act of #bjbd1 or entitlement to and the amount of any lump-sum death payment in the case of a death after such month1 payable under this title on the basis of the wages and self-employment income of any individual1 and for purposes of section #baf7;i77#c71 such individual shall be deemed to have been paid during each qualifying month 7in addition to wages or self-employment income actually paid to or derived by such individual during such month7 at an amount per month equal to-- 7i7 in the case of a qualifying month during which no wages or self-employment income were actually paid to or derived by such individual-- 7,i7 #ej percent of the national average wage index 7as defined in section #bji7k77#a77 for the second calendar year preceding the calendar year in which such month occurs2 or 7,,ii7 if the dependent relative to which the individual provided care during such month was1 at any time during such month1 a child under the age of #f or a chronically dependent individual1 #ajj percent of the national average wage index 7as defined in section #bji7k77#a77 for the second calendar year preceding the calendar year in which such month occurs2 7ii7 in the case of a qualifying month in which an individual engages in employment or any trade or business carried on by the individual or by a partnership of which the individual is a member for not more than #hj hours1 #ej percent of the national average wage index 7as defined in section #bji7k77#a77 for the second calendar year preceding the calendar year in which such month occurs2 and 7iii7 in the case of any other qualifying month1 the excess of the amount determined under clause 7i7 over #a_/b of the wages or self-employment income actually paid to or derived by such individual during such month4 7,b7 ,in any case in which there are more than #abj qualifying months for an individual1 only the last #fj of such months shall be taken into account for purposes of this section4 7#b7 ,paragraph 7#a7 shall not be applicable in the case of any monthly benefit or lump-sum death payment if a larger such benefit or payment1 as the case may be1 would be payable without its application4 7c7 ,rules and regulations 7#a7 ,not later than one year after the date of the enactment of this section1 the ,commissioner of ,social ,security shall promulgate such regulations as are necessary to carry out this section and to prevent fraud and abuse with respect to the benefits under this section1 including regulations establishing procedures for the application and certification requirements described in paragraph 7#b74 7#b7 ,a qualifying month shall not be taken into account under this section with respect to an individual unless-- 7,a7 the individual submits to the ,commissioner of ,social ,security an application for benefits under this section that includes-- 7i7 the name and identifying information of the dependent relative with respect to whom the individual was engaged in providing care during such month2 7ii7 if the dependent relative is not a child under the age of #af1 documentation from the physician of the dependent relative explaining why the dependent relative is a chronically dependent individual2 and 7iii7 such other information as the ,commissioner may require to verify the status of the dependent relative2 and 7,b7 for every qualifying month or period of up to #ab consecutive qualifying months that occurs after the first period of #ab consecutive qualifying months1 the individual certifies1 in such form and manner as the ,commissioner shall require1 that the information provided in the individual's application for benefits under this section has not changed4 4 7b7 ,conforming amendment ,section #bji7k77#a7 of such ,act 7#db ,u4,s4,c4 #dji7k77#a77 is amended-- 7#a7 by striking and before #bcj7;b77#b7 the first time it appears2 and 7#b7 by inserting and #bce7;b77#a77;,a77i71 after #aigg714 #g4 ,increase in minimum benefit for lifetime low earners based on years in the workforce 7a7 ,in general ,section #bae7;a77#a7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dae7;a77#a77 is amended-- 7#a7 by redesignating subparagraph 7,d7 as subparagraph 7,e72 and 7#b7 by inserting after subparagraph 7,c7 the following new subparagraph3 7,d7 7i7 ,effective with respect to the benefits of individuals who become eligible for old-age insurance benefits or disability insurance benefits 7or die before becoming so eligible7 after #bjbd1 no primary insurance amount computed under subparagraph 7,a7 may be less than the greater of-- 7,i7 the minimum monthly amount computed under subparagraph 7,c72 or 7,,ii7 in the case of an individual who has more than #aj years of work 7as defined in clause 7iv77,i771 the alternative minimum amount determined under clause 7ii74 7ii7 7,i7 ,the alternative minimum amount determined under this clause is the applicable percentage of #a_/ab of the annual dollar amount determined under clause 7iii7 for the year in which the amount is determined4 7,,ii7 ,for purposes of subclause 7,i71 the applicable percentage is the percentage specified in connection with the number of years of work1 as set forth in the following table3 ,if the number of years,the applicable of work is3percentage is3#aaf4be percent#abab4ej percent#acah4ge percent#adbe4jj percent#aeca4be percent#afcg4ej percent#agdc4ge percent#ahej4jj percent#aief4be percent#bjfb4ej percent#bafh4ge percent#bbge4jj percent#bcha4be percent#bdhg4ej percent#beic4ge percent#bfajj4jj percent#bgajf4be percent#bhaab4ej percent#biaah4ge percent#cj or more#abe4jj percent4 7iii7 ,the annual dollar amount determined under this clause is-- 7,i7 for calendar year #bjbe1 the poverty guideline for #bjbd2 and 7,,ii7 for any calendar year after #bjbe1 the annual dollar amount for #bjbe multiplied by the ratio of-- 7aa7 the national average wage index 7as defined in section #bji7k77#a77 for the second calendar year preceding the calendar year for which the determination is made1 to 7bb7 the national average wage index 7as so defined7 for #bjbc4 7iv7 ,for purposes of this subparagraph-- 7,i7 the term year of work means1 with respect to an individual1 a year to which #d quarters of coverage have been credited based on such individual's wages and self-employment income2 and 7,,ii7 the term poverty guideline for #bjbc means the annual poverty guideline for #bjbc 7as updated annually in the ,federal ,register by the ,department of ,health and ,human ,services under the authority of section #fgc7b7 of the ,omnibus ,budget ,reconciliation ,act of #aiha7 as applicable to a single individual4 4 7b7 ,recomputation ,notwithstanding section #bae7;f77#a7 of the ,social ,security ,act1 the ,commissioner of ,social ,security shall recompute primary insurance amounts originally computed for months prior to ,november #bjbd to the extent necessary to carry out the amendments made by this section4 7c7 ,conforming amendment ,section #bji7k77#a7 of such ,act 7#db ,u4,s4,c4 #dji7k77#a77 is amended by inserting #bae7;a77#a77;,e71 after #bae7;a77#a77;,d714 #h4 ,elimination of disability waiting period for disability insurance benefits and surviving spouse benefits 7a7 ,elimination of waiting period for disability insurance benefits ,section #bbc of the ,social ,security ,act 7#db ,u4,s4,c4 #dbc71 as amended by section #d7;b77#b71 is amended-- 7#a7 in subsection 7a7-- 7,a7 in paragraph 7#a71 in the matter following subparagraph 7,e7-- 7i7 by striking disability insurance benefit 7i7 for each month and all that follows through 1 or 7iii7 and inserting disability insurance benefit2 and 7ii7 by striking 1 but only if and all that follows through under such disability2 and 7,b7 in paragraph 7#b71 by striking as though he had attained age #fb in-- and all that follows through such disability insurance benefits1 and inserting as though the individual had attained age #fb in the first month for which the individual becomes entitled to such disability insurance benefits12 and 7#b7 in subsection 7c7-- 7,a7 in the subsection header1 by striking ,definitions of ,insured ,status and ,waiting ,period and inserting ,definition of ,insured ,status2 and 7,b7 by striking paragraph 7#b74 7b7 ,elimination of waiting period for surviving spouse and surviving divorced spouse benefits ,section #bjb of the ,social ,security ,act 7#db ,u4,s4,c4 #djb7 is amended-- 7#a7 in subsection 7e7-- 7,a7 in paragraph 7#a71 in the matter following subparagraph 7,d71 by striking beginning with-- and all that follows through on such basis terminated1 and inserting beginning with the first month in which she becomes so entitled to such insurance benefits2 7,b7 by striking paragraph 7#e72 and 7,c7 by redesignating paragraphs 7#f7 through 7#h7 as paragraphs 7#e7 through 7#g72 and 7#b7 in subsection 7f7-- 7,a7 in paragraph 7#a71 in the matter following subparagraph 7,d71 by striking beginning with-- and all that follows through on such basis terminated1 and inserting beginning with the first month in which he becomes so entitled to such insurance benefits2 7,b7 by striking paragraph 7#e72 and 7,c7 by redesignating paragraphs 7#f7 through 7#h7 as paragraphs 7#e7 through 7#g74 7c7 ,effective date ,the amendments made by this section shall apply with respect to applications for benefits filed on or after the date of the enactment of this ,act4 #i4 ,tax on investment gain 7a7 ,in general ,subsection 7a7 of section #adaa of the ,internal ,revenue ,code of #aihf is amended by striking #c4h percent each place it appears and inserting #f4h percent4 7b7 ,conforming amendment ,the heading for chapter #b;,a of the ,internal ,revenue ,code of #aihf is amended by inserting and ,social ,security after ,medicare4 7c7 ,trust funds 7#a7 ,technical amendments ,section #bja of the ,social ,security ,act 7#db ,u4,s4,c4 #dja7 is amended-- 7,a7 in subsection 7a7-- 7i7 by striking clause each place it appears and inserting paragraph2 and 7ii7 in the flush text at the end1 by striking clauses each place it appears and inserting paragraphs2 and 7,b7 in subsection 7g77#b71 by striking clause each place it appears and inserting paragraph4 7#b7 ,federal ,old-age and ,survivors ,insurance ,trust ,fund ,subsection 7a7 of section #bja of the ,social ,security ,act 7#db ,u4,s4,c4 #dja71 as amended by paragraph 7#a71 is amended-- 7,a7 in paragraph 7#d71 by striking the period at the end and inserting 2 and2 7,b7 by inserting after paragraph 7#d7 the following new paragraph3 7#e7 #dd4a percent of the taxes imposed under section #adaa of the ,internal ,revenue ,code of #aihf4 2 and 7,c7 in the flush matter at the end1 by striking paragraphs 7#c7 and 7#d7 each place it appears and inserting paragraphs 7#c71 7#d71 and 7#e74 7d7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjbd4 #aj4 ,holding ,,ssi1 ,medicaid1 and ,,chip beneficiaries harmless ,for purposes of determining the income of an individual to establish eligibility for1 and the amount of1 benefits payable under title ,,xvi of the ,social ,security ,act1 eligibility for medical assistance under the ,state plan under title ,,xix 7or a waiver of such plan71 or eligibility for child health assistance under the ,state child health plan under title ,,xxi 7or a waiver of the plan71 the amount of any benefit to which the individual is entitled under title ,,ii of such ,act shall be deemed not to exceed the amount of the benefit that would be determined for such individual under such title as in effect on the day before the date of the enactment of this ,act4