Many of TSCL’s supporters are older and less affluent. And some of them are “Notch Victims,” individuals who receive lower Social Security benefits because they were born between the years of 1917 and 1926.
Just years before they retired these individuals learned they would have significantly lower benefits than they expected because of amendments to the Social Security Act that were signed into law in 1977 and which have compounded over time.
For many years TSCL has led the fight to provide additional compensation to those affected.
We are pleased and grateful that Rep. Grace Meng (D-N.Y.) has once again introduced legislation, H.R. 3839, to remedy this situation. It would allow workers who reach age 65 after 1981 and before 1992 to choose either lump sum payments over four years totaling $5,000 or an improved benefit computation formula under a new 10-year rule governing the transition to the changes in benefit computation rules enacted in the Social Security Amendments of 1977.
