Bill Summary & Status
107th Congress (2001 - 2002)
S.AMDT.765



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{link: 'http://hdl.loc.gov/loc.uscongress/legislation.107samdt765',title: 'THOMAS - Bill Summary and Status - S.AMDT.765' }

S.AMDT.765
Amends: H.R.1836
Sponsor: Sen Reid, Harry [NV] (submitted 5/22/2001) (proposed 5/22/2001)

AMENDMENT PURPOSE:
To amend title II of the Social Security Act to allow workers who attain age 65 after 1981 and before 1992 to choose either lump sum payments over four years totaling $5,000 or an improved benefit computation formula under a new 10-year rule governing the transition to the changes in benefit computation rules enacted in the Social Security Amendments of 1977.

TEXT OF AMENDMENT AS SUBMITTED: CR S5472-5473

STATUS:

COSPONSORS(4):