Page:United States Statutes at Large Volume 90 Part 2.djvu/1055

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PUBLIC LAW 94-000—MMMM. DD, 1976

PUBLIC LAW 94-547—OCT. 18, 1976

90 STAT. 2523

Public Law 94-547 94th Congress An Act To amend the Railroad Retirement Act of 1974 with respect to the computation of annuity amounts in certain cases, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) section 204(a) of Public Law 93-445 is amended— (1) By striking out paragraph (1) and inserting in lieu thereof the following: "(1) that portion of the individual's annuity as is provided under section 3(a) of the Railroad Retirement Act of 1974 shall initially be in an amount equal to (A) the amount determined under clause (i) of section 3(a)(6) of the Railroad Retirement Act of 1937 for the purpose of computing the last increase in the amount of such individual's annuity as computed under the provisions of section 3(a), and that part of section 3(e) which preceded the first proviso, of the Railroad Retirement Act of 1937 or (B), if less in a case where such individual is not entitled to an annuity amount provided under paragraph (3) of this subsection, the amount of the annuity under section 2(a) of the Railroad Retirement Act of 1937 (before any reduction on account of age and without regard to section 2(d) of such Act) which such individual would have received for the month of January 1975 if this Act had not been enacted: Provided, however, That such annuity amount shall be subject to reduction in accordance with the provisions of section 3(m) of the Railroad Retirement Act of 1974 in the same manner as other annuity amounts provided under section 3(a) of the Railroad Retirement Act of 1974;" and (2) By inserting "no greater than" after "paragraph shall be" in the proviso to paragraph (2). (b) Section 204 of Public Law 93-445 is further amended by adding at the end thereof the following new subsection: "(d) The annuity amount provided an individual by paragraph (1) of this subsection as increased from time to time shall be deemed to be the primary insurance amount of such individual for purposes of computing the annuity of the spouse of such individual under section 4(a) of the Railroad Retirement Act of 1974.". (c) Section 206 of Public Law 93-445 is amended by striking out paragraph (1) and inserting in lieu thereof the following: "(1) that portion of the spouse's annuity as is provided under section 4(a) of the Railroad Retirement Act of 1974 shall initially be in an amount equal to (A) the amount determined under clause (i) of section 3(a)(6) of the Railroad Retirement Act of 1937 for the purpose of computing the last increase in the amount of such spouse's annuity as computed under the provisions of section 2 of the Railroad Retirement Act of 1937 or (B), if less in a case where such spouse is not entitled to an annuity amount provided by paragraph (3) of this section, the amount of the annuity under section 2(e) or 2(h) of the Railroad Retirement Act of 1937 (before any reduction on account of age and without regard to section 2(d) of such Act) which such spouse would

Oct. 18, 197e> [H.R. 14041]

Railroad Retirement Act of 1974, amendment. Annuity amounts. 45 USC 231 note. 45 USC 231b. 45 USC 228c.

45 USC 228c.

45 USC 231 note.

45 USC 231c. 45 USC 231 note.