H.R.63 - Notch Baby Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Emerson, Jo Ann [R-MO-8] (Introduced 01/07/2003)|
|Committees:||House - Ways and Means|
|Latest Action:||01/16/2003 Referred to the Subcommittee on Social Security. (All Actions)|
This bill has the status Introduced
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Summary: H.R.63 — 108th Congress (2003-2004)All Bill Information (Except Text)
Notch Baby Act of 2003 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act with respect to the benefit computation formula for individuals affected by the changes in benefit computation rules enacted in the Social Security Amendments of 1977 who reached age 65 during the ten year period after 1981 and before 1992.
Introduced in House (01/07/2003)
Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 60 percent to ten percent keyed to the year an individual became eligible for such benefits between 1979 and 1989.