Page:United States Statutes at Large Volume 97.djvu/106

 97 STAT. 74 PUBLIC LAW 98-21 —APR. 20, 1983 tenth of 1 percent) by which the SSA average wage index for the year immediately preceding such calendar year exceeds such mdex for the year immediately preceding the most recent prior calendar year which included a base quarter under subpara- ^aph (A)(ii) or, if later, which included a cost-of-living computa- tion quarter; "(F) the term 'OASDI fund ratio*, with respect to any calendar year, means the ratio of— "(i) the combined balance in the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund as of the beginning of such year, 42 USC 401. including the taxes transferred under section 201(a) on the first day of such year and reduced by the outstanding amount of any loan (including interest thereon) theretofore made to either such Fund from the Federal Hospital Insur- ance Trust Fund under section 201(1), to "(ii) the total amount which (as estimated by the Secre- tary) will be paid from the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund during such calendar year for ml purposes authorized by section 201 (other than payments of interest on, or repayments of, loans from the Federal Hospital Insurance Trust Fund under section 201(1)), but excluding any transfer payments between such trust funds and reduc- ing the amount of any transfers to the Railroad Retirement Account by the amount of any transfers into either such trust fund from that Account; "(G) the term *SSA average wage index', with respect to any calendar year, means the average of the total wages reported to the Secretary of the Treasury or his delegate as determined for purposes of subsection (b)(3)(A)(ii); and". 42 USC 415. (b) Section 215(i)(2)(A)(ii) of such Act is amended by striking out "by the same percentage" and all that follows down through the semicolon, in the sentence immediately following subdivision (III), and inserting in lieu thereof "by the applicable increase percent- age;". (c) Section 215(i) of such Act is further amended by adding at the end thereof the following new paragraph: "(5)(A)If- "(i) with respect to any calendar year the 'applicable increase percentage' was determined under clause (ii) of paragraph (I)(C) rather than under clause (i) of such paragraph, and the increase becoming effective under paragraph (2) in such year was accord- ingly determined on the basis of the wage increase percentage rather than the CPI increase percentage (or there was no such increase becoming effective under paragraph (2) in that year because the wage increase percentage was less than 3 percent), and "(ii) for any subsequent calendar year in which an increase under paragraph (2) becomes effective the OASDI fund ratio is greater than 32.0 percent, then each of the amounts described in subdivisions (I), (ID, and (m) of paragraph (2)(A)(ii), as increased under paragraph (2) effective with the month of December in such subsequent calendar year, shall be further increased (effective with such month) by an additional percentage, which shall be determined under subparagraph (B) and shall apply as provided in subparagraph (C).

�