Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
116-hr-6554116th Congress
To increase the exempt amount applicable for the retirement earnings test for months in 2020, and for other purposes.
Sponsored By: Representative Walorski, Jackie [R-IN-2]
Unknown
Summary
This bill temporarily increases the income limit for individuals who are younger than full retirement age to receive Old-Age, Survivors, and Disability Insurance benefits without reductions. Specifically, the bill increases the limit on income earned during 2020 to the contribution and benefit base (i.e., the maximum amount subject to the Social Security payroll tax, set at $137,700 for 2020).
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Walorski, Jackie [R-IN-2]
IN • R
Cosponsors
Rep. Smucker, Lloyd [R-PA-11]
PA • R
Sponsored 7/20/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov