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   &lt;pre&gt;[Congressional Record Volume 167, Number 104 (Tuesday, June 15, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. SMITH of Nebraska:H.R. 3889.Congress has the power to enact this legislation pursuantto the following:Clause 1 of section 8 of article I of the Constitution, to`provide for the common defense and general welfare of theUnited States.'[Page H2817]&lt;/pre&gt;
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     Rep. Smith, Adrian [R-NE-3]
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     Adrian
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     Smith
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     R
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     NE
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     3
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     Introduced in House
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     2021-08-05T14:58:42Z
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     &lt;p&gt;&lt;strong&gt;Providing Choice for Social Security Retirees Act&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill allows an individual to claim a delayed-retirement credit for Social Security retirement benefits in a partial lump sum.&lt;/p&gt; &lt;p&gt;Under current law, an individual's Social Security retirement benefits are increased by a&amp;nbsp;two-thirds of 1% for each month in which the individual, after attaining full retirement age but prior to attaining age 70,&amp;nbsp;delays claiming those benefits. The bill allows an individual who delays claiming&amp;nbsp;Social Security retirement benefits to instead opt to receive a smaller percentage increase (one-half of 1%) for each applicable month,&amp;nbsp;plus a one-time lump sum payable at the time of the individual's entitlement to the benefits. The amount of this lump sum shall equal the sum of the present values of one-sixth of 1% of the amount of the individual's monthly benefits for each month in the individual's life-expectancy period.&lt;/p&gt;
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   Providing Choice for Social Security Retirees Act
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     Providing Choice for Social Security Retirees Act
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     Official Title as Introduced
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     To amend title II of the Social Security Act to provide an option to claim a delayed retirement credit in a partial lump sum, and for other purposes.
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     Introduced in House
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    Referred to the Subcommittee on Social Security.
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   Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
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   Congressional Research Service, Library of Congress
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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2021-06-15
Social Security Subcommittee
hswm01
1
House committee actions
Referred to the Subcommittee on Social Security.
Committee
H11100
2021-06-15
Ways and Means Committee
hswm00
2
House floor actions
Referred to the House Committee on Ways and Means.
IntroReferral
Intro-H
2021-06-15
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-06-15
9
Library of Congress
Introduced in House
IntroReferral
2021-06-15T14:04:35Z
Referred to
House
Ways and Means Committee
2021-06-15T20:32:48Z
Referred to
Social Security Subcommittee
hswm01
hswm00
Standing
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-06-15
2021-06-15
Referred to the Subcommittee on Social Security.
House
Social Welfare
S001172
3
Adrian
Rep. Smith, Adrian [R-NE-3]
N
Smith
R
NE
2021-06-15
Introduced in House
 <p><strong>Providing Choice for Social Security Retirees Act</strong></p> <p>This bill allows an individual to claim a delayed-retirement credit for Social Security retirement benefits in a partial lump sum.</p> <p>Under current law, an individual's Social Security retirement benefits are increased by a&nbsp;two-thirds of 1% for each month in which the individual, after attaining full retirement age but prior to attaining age 70,&nbsp;delays claiming those benefits. The bill allows an individual who delays claiming&nbsp;Social Security retirement benefits to instead opt to receive a smaller percentage increase (one-half of 1%) for each applicable month,&nbsp;plus a one-time lump sum payable at the time of the individual's entitlement to the benefits. The amount of this lump sum shall equal the sum of the present values of one-sixth of 1% of the amount of the individual's monthly benefits for each month in the individual's life-expectancy period.</p>
2021-08-05T14:58:42Z
00
2021-06-15T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr3889ih/xml/BILLS-117hr3889ih.xml
Providing Choice for Social Security Retirees Act
Providing Choice for Social Security Retirees Act
Display Title
IH
Introduced in House
To amend title II of the Social Security Act to provide an option to claim a delayed retirement credit in a partial lump sum, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Providing Choice for Social Security Retirees Act
Short Title(s) as Introduced
HR
2023-03-08T20:12:49Z
2023-03-08T20:12:49Z
3.0.0
2021-06-15
Social Security Subcommittee
hswm01
1
House committee actions
Referred to the Subcommittee on Social Security.
Committee
H11100
2021-06-15
Ways and Means Committee
hswm00
2
House floor actions
Referred to the House Committee on Ways and Means.
IntroReferral
Intro-H
2021-06-15
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-06-15
9
Library of Congress
Introduced in House
IntroReferral
S001172
3
Adrian
Rep. Smith, Adrian [R-NE-3]
N
Smith
R
NE
2021-06-15
Introduced in House
 <p><strong>Providing Choice for Social Security Retirees Act</strong></p> <p>This bill allows an individual to claim a delayed-retirement credit for Social Security retirement benefits in a partial lump sum.</p> <p>Under current law, an individual's Social Security retirement benefits are increased by a&nbsp;two-thirds of 1% for each month in which the individual, after attaining full retirement age but prior to attaining age 70,&nbsp;delays claiming those benefits. The bill allows an individual who delays claiming&nbsp;Social Security retirement benefits to instead opt to receive a smaller percentage increase (one-half of 1%) for each applicable month,&nbsp;plus a one-time lump sum payable at the time of the individual's entitlement to the benefits. The amount of this lump sum shall equal the sum of the present values of one-sixth of 1% of the amount of the individual's monthly benefits for each month in the individual's life-expectancy period.</p>
2021-08-05T14:58:42Z
00
Providing Choice for Social Security Retirees Act
Providing Choice for Social Security Retirees Act
Display Title
IH
Introduced in House
To amend title II of the Social Security Act to provide an option to claim a delayed retirement credit in a partial lump sum, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Providing Choice for Social Security Retirees Act
Short Title(s) as Introduced
2021-06-15
Referred to the Subcommittee on Social Security.