H. Res. 12580--Byrd Amendment to Social Security

Text of an amendment to provisions of the Social Security Act offered in 1960 by Senator Robert C. Byrd and supported by Senator Frank E. Moss, to lower retirement age under the Federal Old-Age, Survivors, and Disability Insurance system. Also two letters from Senator Byrd to Senator Moss and a press release from the office of Senator Moss on his support of the amendment.

A. WILLIS ROBERTSON, VA" CHAIRMAN J. W. FULBRIGHT, ARK. HOMER E. CAPEHART, IND. JOHN SPARKMAN, ALA. WALLACE F. BENNElT, UTAH J. ALLEN FREAR, JR., gEL. PRESCOTT BUSH, CONN. PAUL H. DOUGLAS, ILL. J. GLENN BEALL, MO. JOSEPH S. CLARK, PA. JACOB K. JAVITS, N.Y. WILLIAM PROXMIRE, WIS. ROBERT C. BYRD, W. VA. HARRISON A. WILLIAMS, JR., N.J. EDMUND S. MUSKIE, MAINE COMMITTEE ON BANKING AND CURRENCY J. H. YINGLING, CHIEF OF STAFF MATTHEW HALE, CHIEF COUNSEL June NEe'D JUL 30, 1960 The Honorable Frank E. Moss United States Senate Washington, D. C. Dear Ted: enclosing a statement which I made yesterday during hearings conducted by the Senate Finance I am Committee. My statement is in support of the amend­ ment, which you have joined me in co-sponsoring, to amend the Social Security Act so as to permit men to I receive actuarially reduced benefits at age 62. thank you for joining with me in co-sponsoring this amendment. With highest personal RCB:jr Enclosure esteem. 11960 A. WILLIS W. ROBERTSON, VA., CHAIRMAN FULBRIGHT, ARK. SPARKMAN, ALA. HOMER E. CAPEHART, IND. WALLACE F. BENNETT, UTAH FREAR, JR., DEL. PRESCOTT BUSH, CONN. PAUL H. DOUGLAS, ILL. J. GLENN BEALL, MD. JOSEPH S. CLARK, PA. JACOB K. JAVITS, N.Y. WILLIAM PROXMIRE, WIS. ROBERT C. BYRD, W. VA. HARRISON A. WILLIAMS, JR., N.J. EDMUND S. MUSKIE, MAINE • JOHN J. ALLEN J. H. YINGLING, CHIEF OF STAFF" MATTHEW HALE, CHIEF COUNSEL Moss Dea.r Frank: Please note the enclosed memorandum and have a. member of your staff call my office if you wish to be listed as a. co-sponsor of the amendment; I have proposed to H.R. 12580. With highest personal RC!:pwc Enclosure • 1 have offered ment for case of at men a amendment to H.R. an to prior to the month in which the individual attains the age of 65 would be reduced centum multiplied permit retire­ The old-age insurance benefit, in the age 62. for any month man, 12580 by 5/9 of 1 per by the number of months in the period beginning with the month for which such individual is entitled to age insurance benefit and ending with the month preceding the Under my month in which the individual would attain age 65. amendment, a old­ an husband's insurance benefit for an individual apply­ ing before attaining the age of 65 would be reduced by 25/36 of 1 per centum multiplied by the number of months in the period beginning with the month for which such individual is entitled to a husband's insurance benefit and ending with the month preceding the month in which the individual would attain age 65. In other to man apply for old-age insurance benefits or husband's insur­ benefits, whichever the case may be, ance the words, my amendment would mal(e it possible for a case for women under the present law. at age 62 just as is The benefits would be on am informed that the adoption of my amendment would not involve any an actuarially reduced basis as in the case of women, significant additional cost to the social and would therefore not necessitate I am further informed that be eligible amendment. for new additional approximately 1.8 million men would job opportunities would be created for possible by the amendment. 1 have asked that the amendment be held for additional co-sponsors. co-sponsor, is 3957. payroll tax. by virtue of the opportunity for retirement of older workers made Monday security program voluntary retirement under the provisions of my Thus, younger workers an I at the desk until If you wish to beeome please notify my office by telephone. a My extension -:; ·f ,-. j IN THE SENATE OF THE UNITED STAT:B;S JUNE 24, 1960 Referred to the Committee on Finance and ord-ere-d to be printed AMENDMENT' Intended to be proposed by Mr. BYRD of West Virginia to the. bill (H.R. 12580) to extend and improve 'coverge undgi _ -- the Federal Old-Age; Survivors, and Disability .Insuranee­ System and. to remove hardships and inequiti_e, _ impro,: the financing of the trust funds, and provide disability bene­ fits to additional individuals under such system; t'o provi8l­ grants to States formedical care for aged individuals of lo income; to amend the public assistance and maternal- and, ' •• .1; chiid welfare provisions of the Social Security Act; - . - improve such t " unemployment compensation provisions ana- for other purposes, .viz : On page 8Gf: the Act; to of between lines 3 and 4, insert the followingnewsection: 1 2 S]flc. 211. (a) Section 216 (a) of the Social, Security A'1., is amended to read as follows: 6-24-60-0 . . - . 2 1 "Retirement Age " 2 3 " (1) in the case of a man, age sixty-two or 4 " (2) in the case of a woman, age sixty." 5 Subsections (b) (q), (r), and (s) of section 202 of 6 such Act are amended to read as follows: '7 "Adjustment of Old-Age, Wife's, and Husband's Insurance 8 Benefit Amounts in Accordance With Age of Beneficiary a 9 (q) (1) The old-age insurance, bene-fit of any individual 10 for any month prior to the month in which such individual 11 attains the age of sixty-five shall be reduced by- 12 " 13 " 14, J' ..\00 1'"" .... ../_ l'- ---. : -- multiplied by (B) the 'humber equal to the number of months in surance benefltand ending with the last day- of the:inonth , 17 18 . five-ninths of 1 per centum, ,:._fr which such individual is entitled -to an old-age in--' 16:-";' (A) ,the period beginning with the first day, qf the first month ", - f". .. (a) The term 'retirement age' means- before the month in which such .individual would attain the age of sixty-five. , ............ , '_" 1;9;, ': (2,} The wife'sor husband's insurance benefit of any 20',; individual for any month after the month " , 21 " "II j preceding the oritlf' in, which such individual attains retirement age and .,.:" •• L.., _ ,:> P{:Jjto' the rnenth in which such individual attains the age ' 23 ofsity:five' shall be reduced by-' 24·>/, '\i: <>':. 25 "'(A)' twenty-five thirty-sixths of 1 'per' centum, multiplied by 3 " 1 (B) the the number equal to the number' of. .months period begining with the first day of "te: first 2 III 3 month for which such individual is entitled to such ,'Yif:s 4 Dr husband's 5 ending with the last day of the month before the .month 6 in which such individual would attain the age of sixty- 7 five, except that in no event shall such period start ear- 8 lier than the first day of the month in which such incy,j.- 9 vidual attains retirement age. (as the case may be) insurance be.Ilefi! and 10 In the case of an individual entitled to wife's insurance bef 11 fits, 12 apply to the benefit for any month in; which such individual} 13 has in her care 14 the preceding provisions of this paragraph shall nb;t (individually or jointly with the individual on whose wages and self-employment 15· benefit is based) ance , a inc?ine. her wife's insur- child .cntitled to child's jnsuranee 16 'benefits on the basis of such wages and self-employment in- 17 come. 18 in clause 19 . 20 (B) of the first sentence of. this .paragraph, if (in the case of an individual entitled to 'wife's .insurunce ben.fits. such individual does not have in such month such a' cild itt 21 . 22· (With respect, to any month in the .period specified her care (individually or jointly with the. individual on whose wages and self-employment. income -her wife's: insur.. 23' ance 24 a 25 benefit is based), she shall. be deemed to ha:Y..e::"Sll(h: child in. her care ill such ;m9nthJo_:r_tli PM.rtH2$es::_Oi th preceding sentence unless there is in effect fQf': .61t month . 4 1 . a certificate filed by her with the Secretary, in accordance 2 with receive ·wife's insurance benefits reduced as provided in tills 3 4 . 5 sentence shall be effective for purposes of such sentence" for the month in which it is (i) filed, and for ,7· not any month thereafter, if in such month she does 8 have such a child in her care (individually or jointly 9 with the individual on whose wages and self-employment 10. income her wife's insurance benefit is based), and . " 11 ··12 '" Any certificate filed pursuant to the preceding subsection. -'6 - regulations prescribed by him, in which she elects to (ii) for the period of one or more consecutive months (not exceeding twelve) immediately preceding 13 the month in which such certificate is filed which is 14 -designated by her (not including as part of such period '15 any month in which she had such 16' (individually or jointly with the individual on whose 1'Z wages and self-employment income her wife's insurance 18 . benefit is based) ) a child in her care . 19 If such a certificate is. filed, the period referred to in clause 20. (B): of the- first sentence of this paragraph shall commence 21 with the' first 22 individual is entitled 23 which occurs after the month preceding the month in whieh 24 she attains retirement age, and (iii) for which such certificate 25 is. effecti ve. day of the first month (i) to a for which such wife's insurance. benefit, (ii) 1 " (3) In the case of any individual who is entitled to an, 2 old-age insurance benefit to which paragraph (1) is app¥,..· 3 ble and who, for the first month for which such individual 4 is so entitled 5 month occurring before the month in which such individual 6 attains the age of sixty-five, is entitled to a wife's or hus- 7 band's insurance benefit to which paragraph 8 ble, the amount of such wife's or husband's insurance benefit. 9 for any month prior to the month in which such individual 10 attains the age of 11 provided in paragraph (2), be reduced by the sum of-' (but not for any prior month) or for any lMe: .- " 12 (2) is applica- sixty-five shall, in lieu of the reduction (A). an amount equal to the amount by which 13 such old-age insurance benefit for such 'month is reduced 14 under paragraph " 15 (B) " 16 (1), plus an amount equal to- (i) the number equal to the number of months. 17 specified in clause (B) 18 plied by _ of paragraph ( 2), multi- "(ii) twenty-five thirty-sixths of 1 per centum, 19 and further multiplied by 20 21 "(iii) the excess of such wife's or husband's 22 insurance benefit 23 duction under this subsection 'Over the old-age insur- 24 ance benefit 25 " (as the case may be) prior to re- prior to reduction under this subsection. (4) In the case of any individual who is or was entitled 6 1 ; -toa wife'sor husband's insurance benefit to which paragraph -:2:"(2Vis applicable and who, for any month after the first . >3::·:montfi-f6r which such individual is or was so entitled (hut ··:4G.: ner for such first-month or any earlier month) OCCUITfng . : ;.5"" hefore- the month in which such individual attains' the age ··"6= of sixty-five, is entitled to an old-age insurance benefit, the .df >a.mount of such old-age insurance benefit for any month prior - ': -,8 :. .. ::9: to the month in' -\vhich such individual attains the age of 'sity-five :shail, in lieu of the reduction provided in paragraph lfL-:;fry, be: reduced by the sum oI11 e- .. -:_; ::" - ,. (A( an amount equal to the amount by which such 12'';-:' c. -wife's :13 ;. - ::. . or benefit is'- reduced under paragraph (2) for such month 14 (or, if such individual is not entitled to a wife's or 15 husband's insurance benefit for such ?lIL' _,.--:.:_. 'amoiint· ·17:' -_ . 18 reduced for the last month for which such individual was , plus "(P) if the old-age insurance benefit for such month prior to reduction under this subsection exceeds such - wife's ·,22 23 an - 20 :21 month, by equal tothe amount by which such benefit was entitled to such a benefit) 19 < husband's (as the case may be) insurance benefit -. or husband's prior to (as the case may be) insurance reduction under this subsection, an amount equal to- .2:t: ., : '_.:- :. ,." '. (i) the number equal to the number of 7 1 months specified in clause (B) (:t-) of paragraph , .' 2 multiplied by - " 3 4,- five-ninths of 1 per centum, and" further (ii) multiplied by " 5 .. . the (iii) excess of such old-age' insurance 6 benefit over such wife's or husband's' (as tke cse 7 may be) insurance benefit. " 8 9 an In the case of any individual who is entitled --to (5) old-age insurance benefit for the month in which such 10 individual attains the age of sixty-five or any month there- 11 after, such benefit for such month shall, if such individual 12 was also entitled to such benefit for anyone or more montlis 13 prior 14 the age of 15 month 16 reduced as 17 shall be subtracted, from the number specified in clause 18 of such para:graph-- the to was month such individual which in attained sixty-five and such benefit for any such prior reduced under paragraph (1) .or' ( 4), be provided in such paragraph" except that there - 19 " (A) (B) the number equal to the number of months reduced under' such para- -20 for 'which such benefit 21 graph, but for which such benefit was subject to deduc- 22 tions under paragraph was (1) or (2) of section 203 (b)' that, in the case of any such benefit reducd 23 and except 24 uder paragraph (4), there' also- -shall be' subtraoted fr6fu - .. - - .. ',' .. '- . - .. -­ 8 1 t!!fr,jRn:tbr. apecified in clause (B) of paragraph ( 2), for 2 the purpose of computing the amount referred to in clause 'It;?.:·lJ:A;)_:_:_::{.,p.agraph· (4)" 4 5", ;. .6. , .". U'' ..... .: insurance benefit 7 was reduced under such paragraph (2), but for which such benefit was subject to de due- .,8 - tions under paragraph t ·9 . ' '_' - ·11· (1) or (2) of section 203 (b) under section 203 (e), or under seetion 222 (b) . 10, . the number equal to the number of months 'for which the wife's or husband's (as the case may be) I. , (B) , , (0)- in case of a wife's insurance benefit, the num­ ber equal to the number of months. occurring after the , 12,._ . first month for which such benefit was reduced under 1:3 paragrapl:! (_2_) in _which such individual had in her care .1* _(inividual1y or jointly with the individual on whose .15 wages and self-employment income such benefit is based) - 16 " a 17 - benefits, and. " 18 19 ,20 child of such individual entitled to child's insurance (D) the number equal to the number of months for which such wife's or husband's . insurance benefit was (as the case may be) reduced under such paragraph .21-? (2),'but in or after which' such individual's entitlement 22", to wife' s or husband's insurance benefits was terminated 3 . because such individual's spouse ceased to be under . , . ,24.) •. : 25 , i8a"bility, IT9t including in such number of months any month after such termination in which such individual. 9 1 was 2 Such subtraction shall be' made, only if the total of such 3 'months specified. in clauses .: 4 . entitled to. wife's or husband's insurance benefits. (A), (13 ) )' (C) " aha (D) ;jo.f the preceding sentence is not less' thanthtee.· For purposes 5 of clauses 6 husband's insurance benefit -o£,'an individual shall 7 considered terminated for any reason 'prior to the' month'-"in 8 which such individual attains the .age. of sixty five. and (::8) (C) ''0£ this paragraph,.' the wife's 'or not 'be .. .. 9 " ( 6)' In the case 'of any individual who, is entitled to' a 10 wife's or husband's insurance benefit for the" month in which 11 sueh individual attains the age of" sixty-five 12 thereafter, such benefit for such month shall, if such hi- 13 dividual was also entitled to. such benefit for anyone o.r more 14 months prior to the month in which such individual attained OJ!" any month - :5 , .. the age of sixty-five and such. benefit for any' such prior . 16 month .was reduced under paragraph. 17 duced as provided in such paragraph, except hat there shall 18 be subtracted from the number specified in .clause 19 such paragraph- . (B)' of j : .. ": "(A) the number equal to. the number ·o.f months 20 for which such benefit 21 22 (2) 'o.f'. (3'), be re- . was reduced under", such" .pare- graph, but for which such benefit was subject to dedue- 23 tions under section 203 (b ).. 24 203 (c) , or under section 222 (·b) , A. H. R: 125802;- . (1)., 'or (2), under', section . . , - , 10 " 1 (B) in case of a wife's insurance benefit, the num- 2 ber equal to the number of months, occurring after the 3 first month for which such benefit was reduced under 4: such paragraph, in which such individual had in her care 5 (individually or jointly with the individual on whose 6 wages 7 based) a child of such individual entitled to child's in- 8 suranee " 9 and self-employment income such benefit is benefits, and (0) the number equal to the number of months 1Q for which such wife's 11 be ) 12 graph, but in or after which such individual's entitle- 13 ment to wife's 14 15 insurance benefit or or husband's was (as the case may reduced under such para- husband's insurance benefits was ter- ruinated because such individual's spouse ceased to be . . under a disability, not including in such number of 16 months any month after such termination in which such 17 individual was entitled to wife's or husband's insurance 18 benefits, 19 and except 20 under paragraph 21 the number specified in clause (B) _2Q the purpose of computing the amount referred to in clause 23 that, in the case of any such benefit reduced ( 3), there also shall be subtracted from (A) of paragraph ( 3 ) - 24 25 " of paragraph (1), for - (D) the number equal to the number of months for which the old-ae insurance benefit was reduced 11 1 under such paragraph 2 was 3 (1) but for which such benefit subject to deductions under paragraph (1) or (2) of section 203 (b) . 4 Such subtraction shall be made 5 months. 6 the preceding sentence is not less than three. " rz only if the total of such specified in clauses ( A), (B), (0), and (D) of (7) In the case of an individual who is entitled to an 8 old-age insurance benefit to which paragraph (5) 9 cable and who, for the month in which such individual at- 10 tains the age of sixty-five 11 for any later month, is entitled to a wife's or husband's in- 12 surance is appli- (but not for any prior month) or benefit the amount of such wife's or husband's in- 13 surance benefit for 14 equal to the amount by which the old-age insurance benefit 15 is reduced under paragraph 16 " any month shall be reduced by an amount (5) for such month. (8) In the case of an individual who is or was entitled 17 to 18 graph (2) was applicable and who, for the month in which 19 such individual attains the age of sixty-five 20. prior month) 21 age insurance benefit, the amount of such old-age insurance 2 benefit for any month shall be reduced 23 to the amount by which the wife's or husband's 24 . 25 a wife's husband's insurance benefit to which para- or or (but not for any for any later month, is entitled to an old- by an amount equal (as the case may be) insurance benefit is reduced under paragraph for such month (6) (or, if such individual is not entitled to a 12 wife's or husband's insurance benefit for such month, by '1 (i) equal to the amount by which suoh benefit for 2 an 3 the last month for which such individual was entitled thereto 4 was 5 amount by which such benefit would' have been reduced un- 6 der paragraph 7 attained tlie age of sixty-five if entitlement to such benefit 8 had not terminated before such month) amount 9 reduced, " (9) or The (ii ) (6) if smaller, an amount equal to the for the month in which such individual . shall be preceding paragraphs applied to 10 old-age 11 husband's insurance benefits after reduction under section 12 203 (a.) and application of section 215 (g). 13 of any reduction 14 paragraph (2), under clause (A) 15 graph (3), or under clause (A) or clause (B), of paragraph 16 (4) 17 next lower multiple of_$0.10. 18 19 20 . insurance benefits, wife's insurance benefits, and If the amount computed under paragraph (1), or clause (B) under of para- is not a multiple of $0.10, it shall be .reduced to the "Presumed Filing of Application by Individual Eligible for Old-Age and Wife's or Husband's Insurance Benefits " (r) Any individual who becomes entitled to an old:' 21 age insurance benefit for any month prior to the month' in 22 which such individual attains the age of sixty-five and who is 23 eligible for a wife's or husband's insurance benefit for the 24 same 25 such month for wife's month shall be deemed to have filed an applicationin or husband's (as the. case may be l 13 1 insurance benefits. Any individual who becomes entitled to _ _ 2 a 3 to the month in which such 4 sixty-five and who is eligible for an old-age insurance benefit 5 for the same month shall be deemed, unless wife's or husband's insurance benefit for any month prior individual attains the age of _ (in the case of 6 an 7 dividual has in such month in her care -( individua1ly or jointly 8 with the individual 9 income her wife's insurance benefits individual entitled to wife's insurance benefits) such in- 10' entitled to on whose wages and child's insurance benefits are self-employment based) . a child the basis of such on 11 wages and self-employment income, to have filed an applica- 12 tion in such month for old-age insurance benefits. 13 poses of this subsection an individual shall be deemed eligible 14 for a benefit for a month if, upon filing application therefor 15 in such month, such individual would have been entitled to 16 such benefit for such month. For pur- "Disability Insurance Beneficiary 17 ,18 " 19 insurance 20 insurance benefit for a month before the month in which such 21 individual attains the age of sixty-five, 22 to 23 'husband's insurance benefit for a month before the month in 24 which such individual attains the age of sixty-five which' is 25 reduced under the provisions of subsection an (s) (1) If any individual becomes entitled to a widow's benefit, widower's insurance benefit, or or- parent's becomes entitled old-age insurance benefit wife's insurance benefit, or (q), such individ- 14 1 2 , ual may not ance benefits under this title.' .' 3· . thereafter become entitled to disability insur­ "(2'} .If an individual would, but for the 'provisions 'of . [k ) (2) (B), be entitled for any month to a dis- 4: subsection 5. ability insurance benefit and to a wife's or husband's in- 6 surance 7 'such wife's or husband's insurance benefit (as, the case may 8 be j' for such month only to the extent it exceeds such dis­ '9 . ( q) shall be applicable' to ability insurance benefit for such month. " ,10'" 11 benefit, subsection (3) . The entitlement of any individual to .. disability insurance benefits shall terminate with the month before the month in which such individual becomes entitled to old- 12 . 13 age insurance benefits." 14 . So (c) much of such section 202 (b) (1) as follows amended by striking out "she becomes en- .15 clause 16 tided to an old-age or disability insurance benefit based on 17 a 18 one-half of an' old-age or disability insurance benefit of her 19 husband.", ,20 (C) is .. primary .lnsurance amount which is 'equal to or exceeds , ' .. '. (d) (1)', Clause (D) of subsection (c) (1) of such .21 section 20'2 is amended by striking out "or he becomes en- 22 titled to' an old-age or disability insurance benefit equal to 23' or 24 his' wife," . 2;· ,. exceeding one-half of the primary insurance amount of . :{2), 8ubsecti6n· (c) .:( 3 ),' of such section 202, is amended '15 . 1 by' striking out "Such" and inserting in lieu thereof "Except 2 as .provided in subsection -(q) 3 4 ( e) such". . (3) of such Act' is amended' to read as follows: " 5 . Subsection 202 (j) , (3) 'Notwithstanding the provisions of paragraph (1'), individual may, at his option, waive entitlement to oid- 6 an 7 age insurance 8 band's insurance benefits for any- one 9 months which occur- -: " 10 (A) benefits, wife's insurance benefits, more or or hus- consecutive --- , after the month before the 'month in which - ' -,II such individual attains retirement age, " 12_ attains the age of sixty-five, and 13 14 " 15 - (B) prior to the month in which such individual (C) prior to the month in which such individual files application for such benefits; , 16 and, in such case, such individual shall not be considered "as 17 entitled to such benefits for any 'such month ormonths before ·18 he filed such application. 19 .have waived such entitlement for any such month for which 20 such benefit would, under the second sentence of paragraph 21 (1), be 'reduced to zero." - An individual-shall be deemed to 22 (f) Section 3121 (a) (9) of the Internal Revenue Code 23 of 1954 is amended by striking out "65" and inserting in lieu 24 thereof "62", and by striking out "62" and inserting in lieu 25 . thereof "60" .: 16 1 (g) (1) The amendment made by subsection (a) shall 2 apply only in the case of lump-sum death payments under 3 section 202 4 deaths 5 monthly benefits under title II of such Act for months after 6 October 1960 on the basis of applications filed after the date 7 of enactment of this Act. 8 (i) of the Social Security Act with respect to occurring after October 1960, and in the (2) Social Security Act 10 subsectionj of (3) (B) of the (but subject to paragraph (1) of this For purposes of section 215 (b) 9 case e-- 11 (A) (i) a woman who attains the age of sixty prior 12 to November 1960 and who was not eligible for old-age 13 insurance benefits under section 202 of such Act 14 effect prior to the enactment of this Act) for any month 15 prior 16 attained the age of sixty in 1960 or, if earlier, the year 17 in which she died; and 18 to (ii) November a man 1960 shall be (as in deemed to have who attains the age of sixty-two prior 19 to November 1960 and who was not eligible for old-age 20 insurance benefits under section 20'2 of such Act 21 effect prior to the enactment of this Act) for any month 22 prior to November 1960 shall be deemed to have at­ 23 24 25 . (as in tained the age of sixty-two in 1960 or, if earlier, the year in which he died; (B) an individual shall not, by reason of the amend- 17 1 ment made 2 insured individual before November 1960 or the month 3 in which he died, whichever month is the earlier; and 4 ( 0) the amendment made by subsection (a) shall by subsection (a), be deemed to be a fully 5 not be applicable in the case of 6 eligible for old-age insurance benefits under such section 7 202 for any month prior to November 1960. any individual who was 8 An individual shall, for purposes of this 9 deemed eligible for old-age insurance benefits under section 10 11 12 13 14 15 16 17 18 paragraph, be 202 of the Social Security Act for any month if he was or would have been, upon filing application therefor in such month, entitled to such benefits for such month. (3) For purposes of section 209 (i) amendment made by subsection (a) of such Act, the shall apply only with respect to remuneration paid after October 190. (h) (1) The amendments made by subsections (b ) through (e) shall take effect November 1, 1960, and shall be applicable with respect to monthly benefits under title II 19 of the Social Security Act for months after October 1960. 20 (2) The amendment made by subsection (f) shall be 21 effective with respect to remuneration 22 1960. paid after October 86TH CONGRESS 2n SESSION H. R. 12580 AMENDMENT Intended to be proposed by Mr. BYRD of West Vir­ ginia to the bill (H.R. 12580) to extend and im­ prove coverage under the Federal Old-Age, Sur­ vivors, and Disability Insurance System and to remove hardships and inequities, improve the financing of the trust funds, and provide disability benefits to additional individuals under such sys­ tem; to provide grants to States for medical care for aged individuals of low income; to amend the public assistance and maternal and child welfare provisions of the Social Security Act; to improve the unemployment compensation provisions of such Act; and for other purposes. JUNE 24, 1960 Referred to the Committee on Finance and ordered to be printed FROM: MOSS (D-Utah) The Office of SENATOR FRANK z; FOR IMMEDIATE RELEASE WASHINGTON Senator Frank E. Moss (D-Utah) has announced his support of an amendment to the Old Age and Survivors Insurance provisions, of the Social Security Act which would allow a man to retire at 62 on reduced benefits rather than at 65 with full benefits. At the present time women may retire at 62 with s a reduced pen- ion, and, passage of the amendment would give men the same privilege. The size of the reduction would be worked out on an actuarial basis. "This amendment is both humanitat-ian and sensible," Senator Moss said. will want to do so "I am confident that people who are able to work in order to draw their full retirement. On the other hand, people who are not able to work can stop when they need to and have something to live on. " The Senator said the amendment would not add any significant amount to the cost of government, and would not require an additional payroll tax. He said approximately 1. 8 minion men would be eligible for retirement unde r the provis ions of the amendment. "I beHeve active should be strongly that people who are well and encouraged and permitted to work as long as their situation warranted," 1the Senator said. "But peoJ:lle who become ill or suffer some should be allowed to retire earlier. This the can do limitation under this amendment without added cost because receive PR 415 a reduced retirement payment. __ they " 6-28 60 ...