increase in old-age, survivors, and disability insurance benefits

increase in old-age, survivors, and disability insurance benefits Sec. 301. (a) Section 215(a) of the Social Security Act is amended by striking out the table and inserting in lieu thereof the following: table for determining primary insurance amount and maximum family benefits “I II III IV V (Primary insurance benefit under 1939 Act, as modified); (Primary insurance amount under 1958 Act, as modified) (Average monthly wage) (Primary insurance amount) (Maximum family benefits) If an individual’s primary insurance benefit (as determined under subsec. (d)) is— Or his primary Insurance amount (as determined under subsec. (c)) is— Or his average monthly wage (as determined under subsec. (b)) is— The amount referred to In the preceding paragraphs of this subsection shall be— And the maximum amount of benefits payable (as provided In sec. 203(a)) on the basis of his wages and self-employment fir come shall be— At least— But not more than— At least— But not more than— ..... $13.48 $40 .... $67 $44.00 $66.00 $13.49 14.00 41 $68 69 45.00 67.69 14,01 14.43 42 70 70 46,00 89.00 14.49 15.00 43 71 72 47.00 70.50 15.01 15,60 44 73 74 48.00 72.00 15.61 16.20 45 75 76 49.00 73.50 16.21 16,84 46 77 78 50.00 75.00 16.85 17.60 47 79 so 51.01 78.60 17.61 18,40 48 81 81 52.00 78.00 18.41 19.24 49 82 83 53.00 79.50 19.25 20.00 50 84 85 54.00 81.00 20.01 20.64 51 85 87 55.00 82.60 20.65 21.28 52 88 89 56.00 84.00 21.29 21.88 53 90 00 57.00 85.80 21.89 22.28 54 91 92 58.00 87.00 22.29 22.68 55 93 94 69.00 88.50 22.69 23.08 56 95 95 00.90 90.00 23.09 23.44 57 97 97 61.00 91.50 23.45 23.76 58 98 99 62.10 93.20 23.77 24.20 59 100 101 63.20 94.80 24.21 24.80 60 102 102 04.20 96.30 24.61 25.00 61 103 104 65.30 98.00 25.01 25.48 62 105 106 00,40 99.60 25.49 25.92 63 107 107 67.50 101.30 25.93 26.40 64 108 109 08.50 102.80 26.41 26.94 65 110 113 69.60 104.40 26.95 27.46 66 111 118 70.70 108.10 27.47 28.00 67 119 122 71.70 107.60 28 01 28.68 68 123 127 72.80 109.20 28.69 29.25 69 128 132 73.90 110.90 29.26 29.68 70 133 136 74.90 112.40 29.69 30.36 71 137 141 76.00 114.00 30.37 30.92 72 142 146 77.10 116.80 30.93 31.36 73 147 150 78.20 120.00 31.37 32.00 74 151 155 79.20 124.00 32.01 32.60 75 156 160 80.30 128.00 32.61 33.20 76 161 164 81.40 131.20 33.21 33.88 77 165 169 82.40 135.20 33,89 34.50 78 170 174 83.50 135.20 34.51 35.00 79 175 178 84.60 142,40 35.01 35.80 80 179 183 85.60 146.40 35.81 36,40 81 IM 188 86.70 150.40 36.41 37.08 82 189 193 87.80 154.40 3ZO9 37.60 83 194 197 88.90 157.60 37,61 38.20 84 198 202 89.90 161.60 38,21 39,12 85 203 207 91.00 165.60 39.13 39.68 86 208 211 92.10 168.80 39.69 40.33 87 212 216 93.10 172.80 40.34 41.12 88 217 221 94.20 176.80 41.13 41.76 89 222 225 95.30 180.00 41.77 42.44 90 226 230 96,30 184.00 42.45 43.20 91 231 235 97.40 188.00 79 Stat. 362 table for determining primary insurance amount and maximum family benefits “I II III IV V (Primary insurance benefit under 1939 Act, as modified); (Primary insurance amount under 1958 Act, as modified) (Average monthly wage) (Primary insurance amount) (Maximum family benefits) If an individual’s primary insurance benefit (as determined under subsec. (d)) is— Or his primary Insurance amount (as determined under subsec. (c)) is— Or his average monthly wage (as determined under subsec. (b)) is— The amount referred to In the preceding paragraphs of this subsection shall be— And the maximum amount of benefits payable (as provided In sec. 203(a)) on the basis of his wages and self-employment fir come shall be— At least— But not more than— At least— But not more than— $43.21 $43.76 $92 $238 $239 $98.50 $191.20 43.77 44.44 93 240 244 99.60 195.20 44.45 41.88 94 246 249 100.60 199.20 44.89 45.60 95 250 253 101.70 202.40 96 254 258 102.80 206.40 97 259 263 103.80 210,40 98 204 267 104.90 213.60 99 268 272 100.00 217.60 100 273 277 107.00 221.60 101 278 281 108.00 224,80 102 282 286 109.20 223.80 103 287 291 110.30 232,80 104 292 293 111.30 236.00 105 290 300 112.40 240,00 106 301 305 113.50 244.00 107 306 309 114.50 247.20 108 310 314 115.60 251.20 109 315 319 116.70 255.20 110 320 323 117.70 258.40 111 324 323 118.80 262.40 112 329 333 113.90 266.40 113 334 337 121.00 269.60 114 338 342 122.00 273.60 115 343 347 123.10 277.60 118 348 351 124.20 280.00 117 352 356 125.20 284.80 118 357 361 126.30 288.80 119 362 365 127.40 292.00 120 366 370 128.40 296.00 121 371 375 129.50 298.00 122 376 379 130.50 299.60 123 380 384 131.70 301.00 124 385 389 132.70 303.00 125 390 393 133.80 305.20 126 394 398 134.90 307.20 127 399 403 135.90 309.20 404 407 137.00 310.80 408 412 138.00 312.80 413 417 139.00 314,80 418 421 14(100 316.40 422 426 14L00 318.40 427 431 142.00 320.40 432 436 143.00 322.40 437 440 144.00 32AM 441 445 145,00 320,00 446 450 146.00 328.00 461 454 147.00 329.60 455 450 148.00 331.60 460 464 149.00 333.60 465 468 150.00 335.20 469 473 151.00 337.20 474 478 152.00 339.20 479 482 153.00 340.80 483 487 154.00 342.80 488 492 155,00 344.80 493 496 156.00 346,40 497 501 157.00 348.40 602 506 156.00 350.40 507 510 159.00 352.00 511 516 160.00 354.00 516 520 161.00 356.00 521 524 162.00 357.60 525 529 163.00 359.60 530 534 164.00 361.60 535 638 165,00 363.20 539 543 166.00 365,20 544 548 167.00 387.20 549 550 168.00 368.00” 79 Stat. 363 (b) Section 215(c) of such Act is amended to read as follows: “Primary Insurance Amount Under 1958 Act, as Modified “(c) (1) For the purposes of column II of the table appearing in subsection (a) of this section, an individual’s primary insurance amount shall be computed as provided in, and subject to the limitations specified in, (A) this section as in effect prior to the enactment of the Social Security Amendments of 1965, and (B) the applicable provisions of the Social Security Amendments of 1960. “(2) The provisions of this subsection shall be applicable only in the case of an individual who became entitled to benefits under section 202(a) or section 223 before the date of enactment of the Social Security Amendments of 1965 or who died before such date.” (c) Section 203(a) of such Act is amended by striking out paragraphs (2) and (3) and inserting in lieu thereof the following: “(2) when two or more persons were entitled (without the application of section 202(j)(1) and section 223(b)) to monthly benefits under section 202 or 223 for any month which begins after December 1964 and before the enactment of the Social Security Amendments of 1965, on the basis of the wages and self-employment income of such insured individual, such total of benefits for any month occurring after December 1964 shall not be reduced to less than the larger of— “(A) the amount determined under this subsection without regard to this paragraph, or “(B) (i) with respect to the month in which such Amendments are enacted or any prior month, an amount equal to the sum of the amounts derived by multiplying the benefit amount determined under this title (including this subsection. but without the application of section 222(b), section 202(q), and subsections (b), (c), and (d) of this section), as in effect prior to the enactment of such Amendments, for each such person (other than a person who would not be entitled to such benefits for such month without the application of the amendments made by section 306 of the Social Security Amendments of 1965), for such month, by 107 percent and raising each such increased amount, if it is not a multiple of $0.10, to the next higher multiple of $0.10, and “(ii) with respect to any month after the month in which such Amendments are enacted, an amount equal to the sum of the amounts derived by multiplying the benefit amount determined under this title (including this subsection, but without the application of section 222(b), section 202 (q), and subsections (b), (c), and (d) of this section), as in effect prior to the enactment of such Amendments, for each such person (other than a person who would not be entitled to such benefits for such month without the application of the amendments made by section 306 of the Social Security Amendments of 1965) for the month of enactment, by 107 percent and raising each such increased amount, if it is not a multiple of $0.10, to the next higher multiple of $0.10; but in any such case (I) paragraph (1) of this subsection shall not be applied to such total of benefits after the application of subparagraph (B) of this paragraph, and (II) if section 202(k)(2)(A) was applicable in the case of any of such benefits for any such month beginning before the enactment of the Social Secu-79 Stat. 364rity Amendments of 1965, and ceases to apply after such month, the provisions of subparagraph (B) shall be applied, for and after the month in which such section 202(k)(2)(A) ceases to apply, as though paragraph (1) had not been applicable to such total of benefits for such month beginning prior to such enactment.” (d) The amendments made by subsections (a),(b), and (c) of this section shall apply with respect to monthly benefits under title II of the Social Security Act for months after December 1964 and with respect to lump-sum death payments under such title in the case of deaths occurring in or after the month in which this Act is enacted. (e) If an individual is entitled to a disability insurance benefit under section 223 of the Social Security Act for December 1964 on the basis of an application filed after enactment of this Act and is entitled to old-age insurance benefits under section 202(a) of such Act for January 1965, then, for purposes of section 215(a)(4) of the Social Security Act (if applicable) the amount in column IV of the table appearing in such section 215(a) for such individual shall be the amount in such column on the June on which in column II appears his primary insurance amount (as determined under section 215(c) of such Act) instead of the amount in column IV equal to his disability insurance benefit.