Social Security Equity Act of 2019

Bill: 116-hr-5529
Sponsor: full_name: Rep. Smith, Adam [D-WA-9]
Introduced: 2019-12-19
Policy area: Social Welfare
Subjects: Social security and elderly assistance

Wages and earnings
Latest action: action_date: 2019-12-19
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-12-19
action_desc: Introduced in House
text: <p><b>Social Security Equity Act of 201</b><b>9</b></p> <p>This bill expands the exception to the windfall elimination provision (WEP) of the Old Age, Survivors, and Disability Insurance (OASDI) program. (The WEP reduces OASDI benefits for those who receive pensions for certain non-covered employment.)</p> <p>Specifically, the bill (1) lowers the required number of years of coverage required to be exempt from the WEP from 30 to 25 years, (2) changes how partial exemptions are calculated for individuals who have more than 20 but less than 25 years of coverage, and (3) reduces the dollar amount an individual must earn to qualify for a year of coverage.</p>

tv_txt: I 116th CONGRESS 1st Session H. R. 5529 IN THE HOUSE OF REPRESENTATIVES December 19, 2019 Mr. Smith of Washington introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend title II of the Social Security Act to expand the exception to the windfall elimination provision based on years of coverage.

1. Short title This Act may be cited as the Social Security Equity Act of 2019 . 2. Expansion of the exception to the windfall elimination provision based on years of coverage (a) Reduction in the number of years of coverage required (1) In general Section 215(a)(7)(D) of the Social Security Act ( 42 U.S.C. 415(a)(7)(D) ) is amended by striking 30 each place it appears and inserting 25 . (2) Partial exemptions Section 215(a)(7)(D) of the Social Security Act ( 42 U.S.C. 415(a)(7)(D) ) is further amended by striking the table and inserting the following: If the number of such The applicable  individual’s years of coverage  (as so defined) is: percent is: 24 80 23 70 22 60 21 50. (b) Reduction of the dollar amount required To constitute a year of coverage Section 215(a)(7)(D) of the Social Security Act ( 42 U.S.C. 415(a)(7)(D) ) is amended by striking the reference to 15 percent therein shall be deemed to be a reference to 25 percent and inserting each of the references to 25 percent and the reference to 15 percent therein shall each be deemed to be a reference to 12.5 percent . (c) Effective date (1) In general The amendments made by this section shall apply with respect to monthly insurance benefits payable for any month beginning after the date of the enactment of this Act. (2) Recomputation of primary insurance amounts Notwithstanding section 215(f) of the Social Security Act, the Commissioner of Social Security shall recompute primary insurance amounts originally computed for months prior to the date of the enactment of this Act to the extent necessary to carry out the amendment made by this section.