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

increase in old-age, survivors, and disability insurance benefits Sec. 101. (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 1965 Act) (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 income shall be— At least— But not more than— At least— But not more than— $15. 60 $48. 00 ......................................... $74 $55. 00 $82. 50 or less $15. 61 16. 20 49. 00 $75 76 55. 40 83. 10 16. 21 16. 84 50. 00 77 78 56. 50 84. 80 16. 85 17. 60 51. 00 79 80 57. 70 86. 60 17. 61 18. 40 52. 00 81 81 58. 80 88. 20 18. 41 19. 24 53. 00 82 S3 59. 90 89. 90 19. 25 20. 00 54. 00 84 85 61. 10 91. 70 20. 01 20. 64 55. 00 86 87 62. 20 93. 30 20. 65 21. 28 56. 00 88 89 63. 30 95. 00 21. 29 21. 88 57. 00 90 90 64. 50 90. 80 21. 89 22. 28 58. 00 91 92 65. 60 98. 40 22. 29 22. 68 50. 00 93 94 66. 70 100. 10 22. 69 23. 08 60. 00 95 96 67. 80 101. 70 23. 09 23. 44 61. 00 97 97 69. 00 103. 50 23. 45 23. 76 62. 10 98 99 70. 20 105. 30 23. 77 24. 20 63. 20 100 101 71. 50 107. 30 24. 21 24. 60 64. 20 102 102 72. 60 108. 90 24. 61 25. 00 65. 30 103 104 73. 80 110. 70 25. 01 25. 48 66. 40 105 106 75. 10 112. 70 25. 49 25. 92 67. 50 107 107 76. 30 114. 50 25. 93 28. 40 68. 50 108 109 77. 50 116. 30 26. 41 26. 94 69. 60 110 113 78. 70 118. 10 26. 95 27. 46 70. 70 114 118 79. 90 119. 90 27. 47 28. 00 71. 70 119 122 81. 10 121. 70 28. 01 28. 68 72. 80 123 127 82. 30 123. 50 81 Stat. 825 table for determining primary insurance amount and maximum family benefits—Continued “I II III IV V (Primary insurance benefit under 1939 Act, as modified) (Primary insurance amount under 1965 Act) (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 income shall be— At least— But not more than— At least— But not more than— $28. 69 $29. 25 $73. 90 $128 $132 $83. 60 $125. 40 29. 26 29. 68 74. 90 133 136 84. 70 127. 10 29. 69 30. 36 76. 00 137 141 85. 90 128. 90 30. 37 30. 92 77. 10 142 146 87. 20 130. 80 30. 93 31. 36 78. 20 147 150 88. 40 132. 60 31. 37 32. 00 79. 20 151 155 89. 50 134. 30 32. 01 32. 60 80. 30 156 160 90. 80 136. 20 32. 61 33. 20 81. 40 161 164 92. 00 138. 00 33. 21 33. 88 82. 40 165 169 93. 20 139. 80 33. 88 34. 50 83. 50 170 174 94. 40 141. 60 34. 31 35. 00 84. 60 175 178 95. 60 143. 40 35. 01 35. 80 85. 60 179 183 90. 80 146. 40 35. 81 36. 40 86. 70 184 188 98. 00 150. 40 36. 41 37. 08 87. 80 189 193 99. 30 154. 40 37. 09 37. 60 88. 90 194 197 100. 50 157. 60 37. 61 38. 20 89. 90 198 202 101. 60 161. 60 38. 21 39. 12 91. 00 203 207 102. 90 165. 60 39. 13 39. 68 92. 10 208 211 104. 10 168. 80 39. 69 40. 33 93. 10 212 216 105. 20 172. 80 40. 34 41. 12 94. 20 217 221 106. 50 176. 80 41. 13 41. 76 96. 30 222 225 107. 70 180. 00 41. 77 42. 44 96. 30 226 230 108. 90 184. 00 42. 45 43. 20 97. 40 231 235 110. 10 188. 00 43. 21 43. 76 98. 50 236 239 111. 40 191. 20 43. 77 44. 44 99. 60 240 244 112. 60 195. 20 44. 45 44. 88 100 60 245 249 113. 70 199. 20 44. 89 45. 60 101. 70 250 253 115. 00 202. 40 102. 80 254 258 116. 20 206. 40 103. 80 259 263 117. 30 210. 40 104. 90 264 267 118. 60 213. 60 106. 00 268 272 119. 80 217. 60 107. 00 273 277 121. 00 221. 60 108. 10 278 281 122. 20 224. 80 109. 20 282 286 123. 40 228. 80 110. 30 287 291 124. 70 232. 80 111. 30 292 295 125. 80 236. 00 112. 40 296 300 127. 10 240. 00 113. 50 301 305 128. 30 244. 00 114. 50 306 309 129. 40 247. 20 115. 60 310 314 130. 70 251. 20 116. 70 315 319 131. 90 255. 20 117. 70 320 323 133. 00 258. 40 118. 80 324 328 134. 30 262. 40 110. 90 329 333 135. 50 266. 40 121. 00 334 337 136. 80 269. 60 122. 00 338 342 137. 90 273. 00 123. 10 343 347 139. 10 277. 60 124. 20 348 351 140. 40 280. 80 125. 20 352 356 141. 50 284. 80 126. 30 357 361 142. 80 288. 80 127. 40 362 365 144. 00 292. 00 128. 40 366 370 145. 10 296. 00 129. 50 371 375 146. 40 300. 00 130. 60 376 379 147. 60 303. 20 131. 70 380 384 148. 90 307. 20 132. 70 385 389 150. 00 311. 20 133. 80 390 393 151. 20 314. 40 134. 90 394 398 152. 50 318. 40 135. 90 399 403 153. 60 322. 40 137. 00 404 407 154. 90 325. 60 138. 00 408 412 156. 00 329. 60 139. 00 413 417 157. 10 333. 60 140. 00 418 421 158. 20 336. 80 141. 00 422 426 159. 40 340. 80 142. 00 427 431 160. 50 344. 80 143. 00 432 436 161. 60 348. 80 144. 00 437 440 162. 80 350. 40 145. 00 441 445 163. 90 352. 40 146. 00 446 450 165. 00 354. 40 147. 00 451 454 166. 20 356. 00 148. 00 455 459 167. 30 358. 00 149. 00 460 464 168. 40 360. 00 150. 00 465 468 169. 50 361. 60 151. 00 469 473 170. 70 363. 60 81 Stat. 826 table for determining primary insurance amount and maximum family benefits—Continued “I II III IV V (Primary insurance benefit under 1939 Act, as modified) (Primary insurance amount under 1965 Act) (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 income shall be— At least— But not more than— At least— But not more than— $152. 00 $474 $478 $171. 80 $365. 60 163. 00 479 482 172. 90 367. 20 154. 00 483 487 174. 10 369. 20 155. 00 488 492 175. 20 371. 20 156. 00 493 496 176. 30 372. 80 157. 00 497 501 177. 50 374. 80 158. 00 502 506 178. 60 376. 80 159. 00 507 510 179. 70 378. 40 160. 00 511 515 180. 80 380. 40 161. 00 516 520 182. 00 382. 40 162. 00 521 524 183. 10 384. 00 163. 00 525 529 184. 20 386. 00 164. 00 530 534 185. 40 388. 00 165. 00 535 538 186. 50 389. 60 166. 00 539 543 187. 60 391. 60 167. 00 544 548 188. 80 393. 60 168. 00 549 553 189. 90 395. 60 554 556 191. 00 396. 80 557 560 192. 00 398. 40 561 563 193. 00 399. 60 564 567 194. 00 401. 20 568 570 195. 00 402. 40 571 574 196. 00 404. 00 575 577 197. 00 405. 20 578 581 198. 00 406. 80 582 584 199. 00 408. 00 585 588 200. 00 400. 60 589 591 301. 00 410. 80 592 595 202. 00 412. 40 596 598 203. 00 413. 60 599 602 204. 00 415. 20 603 605 205. 00 416. 40 606 609 206. 00 418. 00 610 612 207. 00 419. 20 613 616 208. 00 420. 80 617 620 209. 00 422. 40 621 623 210. 00 423. 60 624 627 211. 00 425. 20 628 630 212. 00 426. 40 631 634 213. 00 428. 00 635 637 214. 00 429. 20 638 641 215. 00 430. 80 642 644 216. 00 432. 00 645 648 217. 00 433. 60 649 650 218. 00 434. 40”. (b) Section 203(a) of such Act is amended by striking out paragraph (2) 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 the month of February 1968 on the basis of the wages and self-employment income of such insured individual, such total of benefits for such month or any subsequent month shall not be reduced to less than the larger of— “(A) the amount determined under this subsection without regard to this paragraph, or “(B) 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 February 1968, for each such person for February 1968, by 113 percent and 81 Stat. 827raising 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 or benefits after the application of subparagraph (B), and (ii) if section 202(k)(2)(A) was applicable in the case of any such benefits for the month of February 1968, and ceases to apply after such month, the provisions of subparagraph (B) shall be applied, for and after the month in which section 202(k)(2)(A) ceases to apply, as though paragraph (1) had not been applicable to such total of benefits for February 1968, or”. (c) (1) Section 215(b)(4) of such Act is amended to read as follows: “(4) The provisions of this subsection shall be applicable only in the case of an individual— “(A) who becomes entitled, after January 1968, to benefits under section 202(a) or section 223; or “(B) who dies after January 1968 without being entitled to benefits under section 202(a) or section 223; or “(C) whose primary insurance amount is required to be recomputed under subsection (f)(2).” (2) Section 215(b)(5) of such Act is repealed. (d) Section 215(c) of such Act is amended to read as follows: “Primary Insurance Amount Under 1965 Act “(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 on the basis of the law in effect prior to the enactment of the Social Security Amendments of 1967. “(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 month of February 1968, or who died before such month.” (e) The amendments made by this section shall apply with respect to monthly benefits under title II of the Social Security Act for months after January 1968 and with respect to lump-sum death payments under such title in the case of deaths occurring after January 1968. (f) If an individual was entitled to a disability insurance benefit under section 223 of the Social Security Act for the month of January 1968 and became entitled to old-age insurance benefits under section 202(a) of such Act for the month of February 1968, or who died in such month, 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 line 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 the primary insurance amount on which his disability insurance benefit is based.