Sec. 4. Increase in benefit amounts for long-term eligible individuals
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Section 202 of the Social Security Act ( 42 U.S.C. 402 ) is amended by adding at the end the following new subsection: The amount of a monthly benefit which is payable to an individual for a month under subsections
(a)through
(h)or section 223(a) (as determined without regard to this subsection) shall be increased by 5 percent if the individual is a long-term eligible individual during any part of such month. The term long-term eligible individual means an individual who— is entitled to a monthly benefit under subsections
(a)through
(h)or section 223(a); and has attained 82 years of age or 240 benefit months (as defined in subparagraph (B)), whichever is earlier. For purposes of subparagraph (A), the term benefit month means a month for which an individual— has attained age 19; and is entitled to a monthly benefit under subsections
(a)through
(h)of section 202 or section 223(a). Such term excludes any month in which an individual is— entitled to a benefit under this section or section 223(a) that is not payable or reduced to zero by application of subsection (k), (n), (t), (u), (v), or
(x)of this section; or subject to a penalty under section 1129A. The amount of any increase under this subsection to a monthly benefit amount of a long-term eligible individual shall be disregarded for purposes of applying section 203(a). . Section 202 of the Social Security Act ( 42 U.S.C. 402 ) is amended— in subsection (a), by striking subsection
(q)and subsection
(w)and inserting subsections (q), (w), and
(aa); in subsections (b)(2) and (c)(2), by striking subsections (k)(5) and
(q)and inserting subsections (k)(5), (q), and
(aa); in subsection (d)(2), by striking Such child's each place it appears and inserting Subject to subsection (aa), such child's ; in subsections (e)(2)(A) and (f)(2)(A), by inserting subsection (aa), after subsection (q), ; in subsection (g)(2), by striking Such mother's or father's and inserting Subject to subsection (aa), such mother's or father's ; and in subsection (h)(2)(A), by inserting subsection
(aa)and before subparagraphs
(B)and
(C). Section 223(a)(2) of the Social Security Act ( 42 U.S.C. 423(a)(2) ) is amended— in the matter preceding subparagraph (A), by striking section 202(q) and inserting subsections
(q)and
(aa)of section 202 ; and in subparagraph (B), by striking clause
(ii)and inserting subdivision
(ii)or
(iii)of the matter following subparagraph
(E). The amendments made by this section shall apply to benefits payable for months in any calendar year after 2026.
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