Page:United States Statutes at Large Volume 97.djvu/139

 PUBLIC LAW 98-21 —APR. 20, 1983 97 STAT. 107 42 USC 13951. TRUST FUND TRUSTEES REPORTS SEC. 154. (a) The next to last sentence of section 201(c) of the Social Security Act is amended by striking out "Such report shall also 42 USC 401. include" and inserting in lieu thereof the following: "Such report shall include an actuarial opinion by the Chief Actuary of the Social Security Administration certifying that the techniques and method- ologies used are generally accepted within the actuarial profession and that the assumptions and cost estimates used are reasonable: Provided, That the certification shall not refer to economic assump- tions underlying the Trustee's report, and shall also include". (b) Section 18170?) of such Act is amended by inserting immedi- ately before the last sentence the following new sentence: "Such report shall also include an actuarial opinion by the Chief Actuarial Officer of the Health Care Financing Administration certifying that the techniques and methodologies used are generally accepted within the actuarial profession and that the assumptions and cost estimates used are reasonable: Provided, That the certification shall not refer to economic assumptions underlying the Trustee's report.". (c) Section 18410b) of such Act is amended by inserting immedi- ately before the last sentence the following new sentence: "Such report shall also include an actuarial opinion by the Chief Actuarial Officer of the Health Care Financing Administration certifying that the techniques and methodologies used are generally accepted within the actuarial profession and that the assumptions and cost estimates used are reasonable: Provided, That the certification shall not refer to economic assumptions underlying the Trustee's report.". (d) Notwithstanding sections 201(c)(2), 18170b)(2), and 1841(b)(2) of 42use40i note the Social Security Act, the annual reports of the Boards of Trustees of the Trust Funds which are required in the calendar year 1983 under those sections may be filed at any time not later than forty- five days after the date of the enactment of this Act. (e) The amendments made by this section shall take effect on the date of the enactment of this Act. 42 USC 1395t. Effective date. 42 USC 401 note. TITLE II—ADDITIONAL PROVISIONS RELATING TO LONG- TERM FINANCING OF THE SOCIAL SECURITY SYSTEM INCREASE IN RETIREMENT AGE SEC. 201. (a) Section 216 of the Social Security Act is amended by adding at the end thereof the following new subsection: 42 USC 416. "Retirement Age "(1)(1) The term 'retirement age' means— "(A) with respect to an individual who attains early retire- ment age (as defined in paragraph (2)) before January 1, 2000, 65vearsofage; (B) with respect to an individual who attains early retire- ment age after December 31, 1999, and before January 1, 2005, 65 years of age plus the number of months in the age increase factor (as determined under paragraph (3)) for the calendar year in which such individual attains early retirement age; "(C) with respect to an individual who attains early retire- ment age after December 31, 2004, and before January 1, 2017, 66 years of age;

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