Pub. L. 107-90, tit. I, sec. 102

RETIREMENT AGE RESTORATION.

EnactedYear: 2001Length: 259 wordsOfficial source
SEC. 102. RETIREMENT AGE RESTORATION. (a) Employee Annuities.—Section 3(a)(2) of the Railroad Retirement Act of 1974 (45 U.S.C. 231b(a)(2)) is amended by inserting after “(2)” the following new sentence: “For purposes of this subsection, individuals entitled to an annuity under section 2(a)(1)(ii) of this Act shall, except for the purposes of recomputations in accordance with section 215(f) of the Social Security Act, be deemed to have attained retirement age (as defined by section 216(1) of the Social Security Act).”. (b) Spouse and Survivor Annuities.—Section 4(a)(2) of the Railroad Retirement Act of 1974 (45 U.S.C. 231c(a)(2)) is amended by striking “if an” and all that follows through “section 2(c)(1) of this Act” and inserting “a spouse entitled to an annuity under section 2(c)(1)(ii)(B) of this Act”. (c) Conforming Repeals.—Sections 3(a)(3), 4(a)(3), and 4(a)(4) of the Railroad Retirement Act of 1974 (45 U.S.C, 231b(a)(3), 231c(a)(3), and 231c(a)(4)) are repealed. (d) Effective Dates.—115 STAT. 880 (1) Generally.—Except as provided in paragraph (2), the amendments made by this section shall apply to annuities that begin to accrue on or after January 1, 2002. (2) Exception.—The amount of the annuity provided for a spouse under section 4(a) of the Railroad Retirement Act of 1974 (45 U.S.C. 231c(a)) shall be computed under section 4(a)(3) of such Act, as in effect on December 31, 2001, if the annuity amount provided under section 3(a) of such Act (45 U.S.C. 231b(a)) for the individual on whose employment record the spouse annuity is based was computed under section 3(a)(3) of such Act, as in effect on December 31, 2001.
Pub. L. 107-90, tit. I, sec. 102: RETIREMENT AGE RESTORATION. | Justis AI