In general— Section 215(a)(7)(D) of the Social Security Act (42 U.S.C. 415(a)(7)(D)) is amended by striking “30” each place it appears and inserting “25”.
Partial exemptions— Section 215(a)(7)(D) of the Social Security Act (42 U.S.C. 415(a)(7)(D)) is further amended by striking the table and inserting the following:
Reduction of the dollar amount required To constitute a year of coverage— Section 215(a)(7)(D) of the Social Security Act (42 U.S.C. 415(a)(7)(D)) is amended by striking “the reference to “15 percent” therein shall be deemed to be a reference to “25 percent”” and inserting “each of the references to “25 percent” and the reference to “15 percent” therein shall each be deemed to be a reference to “12.5 percent””.
Effective date— The amendments made by subsection (a) shall apply with respect to primary insurance amounts computed or recomputed on or after the date of the enactment of this Act.