Public Law 98-21

E1032596

Public Law 98-21 is the 1983 U.S. federal statute that significantly reformed Social Security to address its financial solvency and adjust benefits and taxation.

All labels observed (1)

Label Occurrences
Public Law 98-21 canonical 2

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Social Security reform law ⓘ
United States federal statute ⓘ
affectedProgram Disability Insurance ⓘ
Hospital Insurance (Medicare Part A) ⓘ
linked to: Medicare Part A

Old-Age and Survivors Insurance ⓘ
aimedTo improve financial solvency of Social Security ⓘ
prevent near-term exhaustion of Social Security trust funds ⓘ
alsoKnownAs 1983 Social Security reforms ⓘ
congressNumber 98th United States Congress ⓘ
country United States ⓘ
createdProvision changes in benefit computation for certain workers ⓘ
changes in cost-of-living adjustment timing ⓘ
changes in coverage rules for state and local government employees ⓘ
changes in windfall benefits rules ⓘ
coverage of certain nonprofit organization employees under Social Security ⓘ
coverage of federal civilian employees under Medicare ⓘ
coverage of members of Congress under Social Security ⓘ
coverage of newly hired federal employees under Social Security ⓘ
delayed cost-of-living adjustments for Social Security benefits ⓘ
temporary interfund borrowing among Social Security trust funds ⓘ
enactedBy United States Congress ⓘ
hasComponent amendments to the Internal Revenue Code ⓘ
amendments to the Social Security Act ⓘ
hasTitle Social Security Amendments of 1983 ⓘ
informedBy recommendations of the National Commission on Social Security Reform ⓘ
introducedPayrollTaxChange accelerated scheduled payroll tax increases ⓘ
increased Social Security payroll tax rates ⓘ
introducedTaxationOfBenefits federal income taxation of a portion of Social Security benefits ⓘ
taxation of up to 50 percent of Social Security benefits for higher-income beneficiaries ⓘ
jurisdiction United States federal government ⓘ
legalCitation Public Law 98-21 ⓘ
longTermEffect extended solvency of Social Security trust funds ⓘ
gradual increase in full retirement age from 65 to 67 ⓘ
increased share of Social Security benefits subject to federal income tax for some beneficiaries ⓘ
modifiedBenefitFormula adjustments to early retirement reductions ⓘ
changes to delayed retirement credit ⓘ
gradual increase in normal retirement age ⓘ
motivatedBy projected insolvency of Social Security trust funds in the early 1980s ⓘ
policyArea federal taxation ⓘ
retirement policy ⓘ
social insurance ⓘ
presidentAtSigning Ronald Reagan ⓘ
primarySubject Medicare ⓘ
Old-Age, Survivors, and Disability Insurance ⓘ
Social Security ⓘ
publicLawNumber 98-21 ⓘ
signedBy Ronald Reagan ⓘ
yearEnacted 1983 ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Public Law 98-21 → legalCitation → Public Law 98-21 ⓘ