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Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Social Security Eligibility Act of
1994''.

SEC. 2. PHASED IN 5-YEAR INCREASE IN AGE FOR ELIGIBILITY FOR OASDI
BENEFITS BY THE YEAR 2013.

(a) Definitions.--Section 216(l) of the Social Security Act (42
U.S.C. 416(l)) is amended to read as follows:

''Normal Retirement Age; Early Retirement Age

''(l)(1) The term 'normal retirement age' means--
''(A) with respect to an individual who attains (or would
attain) the reference age (as defined in paragraph (3)(A))
before January 1, 1995, 65 years of age;
''(B) with respect to an individual who attains (or would
attain) the reference age after December 31, 1994, and before
January 1, 2013, 65 years of age plus the number of months in
the age increase factor (as determined under paragraph (3)(B))
for the calendar in which such individual attains the reference
age; and
''(C) with respect to an individual who attains (or would
attain) the reference age after December 31, 2012, 70 years of
age.
''(2) The term 'early retirement age' means 3 years less than
normal retirement age.
''(3) For purposes of paragraphs (1) and (2)--
''(A) the term 'reference age' means 62 years of age in the
case of an old-age, wife's, or husband's insurance benefit, and
60 years of age in the case of a widow's or widower's insurance
benefit, and
''(B) the age increase factor for any individual shall be
equal to /12\ of the number of months in the period beginning
with January 1999 and ending with December of the year in which
the individual attains the reference age.''.
(b) Additional Amendments.--
(1) Retirement age redesignated normal retirement age.--
(A) Title II of such Act is further amended--
(i) in subsections (a), (b), (c), (d), (e),
(f), (q), (r), and (w) of section 202 (42
U.S.C. 402),
(ii) in subsections (c) and (f) of section
203 (42 U.S.C. 403),
(iii) in section 215(f)(5) (42 U.S.C.
415(f)(5)), and
(iv) in section 223(a) (42 U.S.C. 423(a)),
by striking ''retirement age (as defined in section
216(l))'' each place it appears and inserting ''normal
retirement age (as defined in section 216(l)(1))''.
(B) Subsections (h) and (i) of section 216 of such
Act (42 U.S.C. 416) are each amended by striking
''retirement age (as defined in subsection (l))'' each
place it appears and inserting ''normal retirement age
(as defined in subsection (l)(1))''.
(2) Age 62 currently designated as early retirement age.--
(A) Title II of such Act is further amended--
(i) in subsections (a), (b), (c), (e), (f),
(h), and (q) of section 202 (42 U.S.C. 402),
(ii) in section 213(a)(2)(A)(ii) of such
Act (42 U.S.C. 413(a)(2)(A)(ii)),
(iii) in section 213(a)(2)(B) of such Act
(the first place it appears) (42 U.S.C.
413(a)(2)(B)),
(iv) in section 214(a)(1) (42 U.S.C.
414(a)(1)),
(v) in subsections (a) and (d)(5) of
section 215 (42 U.S.C. 415), and
(vi) in subsections (a)(2) and (c)(1)(A) of
section 223 (42 U.S.C. 423),
by striking ''age 62'' each place it appears and
inserting ''early retirement age (as defined in section
216(l)(2))''.
(B) Subsections (b)(3)(A), (c)(6)(A), (f)(3)(A),
(g)(6)(A), and (i)(3)(A) of section 216 of such Act (42
U.S.C. 416) are each amended by striking ''age 62''
each place it appears and inserting ''early retirement
age (as defined in subsection (l)(2))''.
(C) Subparagraphs (F) and (G) of section 202(q)(3)
of such Act (42 U.S.C. 402(q)(3)) are each amended by
striking ''the age of 62'' and inserting ''early
retirement age (as defined in section 216(l)(2)).''.
(3) Conforming adjustments to other age references.--
(A) Title II of such Act is further amended--
(i) in subsections (e) and (f) of section
202 (42 U.S.C. 402),
(ii) in subsections (b)(1), (c)(3), and
(d)(1)(C) of section 222 (42 U.S.C. 422), and
(iii) in section 225(a) (42 U.S.C. 425(a)),
by striking ''age 60'' each place it appears and
inserting ''5 years less than normal retirement age (as
defined in section 216(l)(2))''.
(B) Subsections (e)(1)(B)(ii) and (f)(1)(B)(ii) of
section 202 of such Act (42 U.S.C. 402) is further
amended by striking ''age 50'' each place it appears
and inserting ''15 years less than normal retirement
age (as defined in section 216(l)(1))''.
A:
Social Security Eligibility Act of 1994 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to increase the retirement age for OASDI benefits to age 67 by the year 2004 and to age 70 by the year 2013.