Page:United States Statutes at Large Volume 75.djvu/171

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[75 Stat. 131]
PUBLIC LAW 87-000—MMMM. DD, 1961
[75 Stat. 131]

75 S T A T. ]

PUBLIC LAW 8 7. 6 4 - J U N E 30, 1961

131

Public Law 87-64 AN ACT

j ^ ^ 30

To improve benefits under the old-age, survivors, and disability insurance program by increasing the minimum benefits and aged widow's benefits and by making additional persons eligible for benefits under the program, and for other purposes.

i,gj

[H. R. 6027]

Be it ermcted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may Am°en°dtne'nt^"o^f be cited as the "Social Security Amendments of 1961". i96i. TITLE I—AMENDMENTS TO TITLE II OF THE S O C I A L S E C U R I T Y ACT INCREASE I N MINIMUM

BENEFITS

SEC. 101. (a) The table in section 215(a) of the Social Security Act is amended by striking out all the figures in columns I, II, III, IV, and V down through the line which reads "$13.49

14.00

37.10

38.00

68

69

41

61.50"

$67 69

$40 41

^2 sm. \^i3.

$60.00 61.50".

and inserting in lieu thereof the following: " $13.49

$13.48 14.00

$37.10

$37.00 38.00

$68

(b) The amendment made by subsection (a) shall apply only in the case of monthly insurance benefits under title II of the Social Security Act for months beginning on or after the effective date of this title, '»2 USC 4oi-425. and in the case of lump-sum death payments under such title with respect to deaths on or after such effective date. REDUCED B E N E F I T S FOR M E N AT AGE 6 2

SEC. 102. (a) Section 202 of the Social Security Act is amended by 42 USC 402. striking out "retirement age" and "retirement age (as defined in section 2 1 6 (a)) " each place they appear therein and inserting in lieu thereof "age 62". (b)(1) Subsections (q) and (r) of section 202 of such Act are amended to read as follows: "Adjustment of Old-Age, Wife's, or Husband's Insurance Benefit Amounts in Accordance With Age of Beneficiary "(q)(1) If the first month for which an individual is entitled to an old-age, wife's, or husband's insurance benefit is a month before the month in which such individual attains age 65, the amount of such benefit for each month shall, subject to the succeeding paragraphs of this subsection, be reduced by— " (A) % of 1 percent of such amount if such benefit is an oldage insurance benefit, or 2%g of 1 percent of such amount if such benefit is a wife's or husband's insurance benefit; multiplied by " (B)(i) the number of months in the reduction period for such benefit (determined under paragraph (5)), if such benefit is for a month before the month m Vhich such individual attains age 65, or "(ii) the number of months in the adjusted reduction period for such benefit (determined under paragraph (6)), if such benefit is for the month in which such individual attains age 65 or for any other month thereafter.