Sec. 3104. Increase in benefits starting 20 years after initial eligibility
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Section 215 of the Social Security Act ( 42 U.S.C. 415 ), as amended by this Act, is amended by adding at the end the following new subsection: Notwithstanding the preceding provisions of this section, in the case of an individual who is a 20-year beneficiary, the primary insurance amount of the individual (as determined before the application of this subsection) shall be increased for months beginning with the first month for which the individual attains such status by the amount equal to the applicable percentage of the applicable average primary insurance amount.
For purposes of this subsection, the term 20-year beneficiary means an individual who has been eligible for old-age insurance benefits or disability insurance benefits under this title for at least 240 months. For purposes of paragraph (1), the term applicable average primary insurance amount means, with respect to a 20-year beneficiary, the primary insurance amount determined by the Commissioner of Social Security that would apply to an individual of the same age as the age at which the 20-year beneficiary first attains such status, if the individual had earnings for each calendar year in which the individual would have attained ages 20 through the year prior to the age of eligibility, respectively, equal to the national average earnings for all such individuals for each such year.
For purposes of paragraph (1), the applicable percentage is— for each month occurring during the first 12-month period for which an individual is a 20-year beneficiary, 1 percent; for each month occurring during the second 12-month period for which an individual is such a beneficiary, 2 percent; for each month occurring during the third 12-month period for which an individual is such a beneficiary, 3 percent; for each month occurring during the fourth 12-month period for which an individual is such a beneficiary, 4 percent; and for each month occurring thereafter, 5 percent. .
The amendments made by this section shall apply to benefits payable for months beginning after December 31, 2013.
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Sec. 3104
Increase in benefits starting 20 years after initial eligibility
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