age-62 computation point for men

age-62 computation point for men Sec. 104. (a) Section 214(a)(1) of the Social Security Act is amended by striking out “before—” and all that follows down through “except” and inserting in lieu thereof the following: “before the year in which he died or (if earlier) the year in which he attained age 62, except”. (b) Section 215(b)(3) of such Act is amended by striking out “before—” and all that follows down through “For” and inserting in lieu thereof the following: “before the year in which he died, or if it occurred earlier but after 1960, the year in which he attained age 62. For”. (c) Section 223(a) (2) of such Act is amended— (1) by striking out “(if a woman) or age 65 (if a man)”, (2) by striking out “in the case of a woman” and inserting in lieu thereof “in the case of an individual”, and (3) by striking out “she” and inserting in lieu thereof “he”. (d) Section 223(c) (1) (A) of such Act is amended by striking out “(if a woman) or age 65 (if a man)”. (e) Section 227(a) of such Act is amended by striking out “so much of paragraph (1) of section 214(a) as follows clause (C)” and inserting in lieu thereof “paragraph (1) of section 214(a)”. (f) Section 227 (b) of such Act is amended by striking out “so much of paragraph (1) thereof as follows clause (C)” and inserting in lieu thereof “paragraph (1) thereof”. 86 Stat. 1341 (g) Sections 209(i) and 216(i) (3) (A), of such Act are amended by striking out “(if a woman) or age 65 (if a man)”. (h) Section 303(g) (1) of the Social Security Amendments of 1960 is amended— (1) by striking out “Amendments of 1965 and 1967” and inserting in lieu thereof “Amendments of 1965, 1967, 1969, and 1972 (and by Public Law 92–5)”; and (2) by striking out “Amendments of 1967” wherever it appears and inserting in lieu thereof “Amendments of 1972”. (i) Paragraph (9) of section 3121(a) of the Internal Revenue Code of 1954 (relating to definition of wages) is amended to read as follows: “(9) any payment (other than vacation or sick pay) made to an employee after the month in which he attains age 62, if such employee did not work for the employer in the period for which such payment is made;”. (j) (1) The amendments made, by this section (except the amendment made by subsection (i), and the amendment made by subsection (g) to section 209 (i) of the Social Security Act) shall apply only in the case of a man who attains (or would attain) age 62 after December 1974. The amendment made by subsection (i), and the amendment made by subsection (g) to section 209 (i) of the Social Security Act, shall apply only with respect to payments after 1974. (2) In the ease of a man who attains age 62 prior to 1975, the number of his elapsed years for purposes of section 215(b) (3) of the Social Security Act shall be equal to (A) the number determined under such section as in effect on September 1, 1972, or (B) if less, the number determined as though he attained age 65 in 1975, except that monthly benefits under title II of the Social Security Act for months prior to January 1973 payable on the basis of his wages and self-employment income shall be determined as though this section had not been enacted. (3) (A) In the ease of a man who attains or will attain age 62 in 1973, the figure “65” in sections 214(a) (1), 223(c) (1) (A), and 216(i) (3) (A) of the Social Security Act shall be deemed to read “64”. (B) In the case of a man who attains or will attain age 62 in 1974, the figure “65” in sections 214(a)(1), 223(c)(1)(A), and 216(i)(3) (A) of the Social Security Act shall be deemed to read “63”.