Page:United States Statutes at Large Volume 97.djvu/160

 97 STAT. 128 PUBLIC LAW 98-21 —APR. 20, 1983 TREATMENT OF CONTRIBUTIONS UNDER SIMPUFIED EMPLOYEE PENSIONS SEC. 328. (a) Subparagraph (D) of section 3121(a)(5) of the Internal 26 USC 3121. Revenue Code of 1954 (defining wages) is amended by striking out "section 219" and inserting in lieu thereof "section 219(b)(2)". 42 USC 409. (b) Subsection (e) of section 209 of the Social Security Act, (as amended by section 324(c)(2) of this Act) is further amended by striking out the semicolon at the end thereof and inserting in lieu thereof the following: ", or (8) under a simplified employee pension 26 USC 408. (as defined in section 408(k) of the Internal Revenue Code of 1954) if, at the time of the payment, it is reasonable to believe that the employee will be entitled to a deduction under section 2190t))(2) of such Code for such payment;". (c) Subparagraph (D) of section 330603)(5) of the Internal Revenue 26 USC 3306. Code of 1954 is amended by striking out "section 219" and inserting in lieu thereof "section 219a)X2)". Effective dates. ((i)(i) Except as provided in paragraph (2), the amendments made 26 USC 3121 by this section shall apply to remuneration paid after December 31, note. 1983 (2) The amendments made by subsection (c) shall apply to remu- neration paid after December 31, 1984. PART C—OTHER AMENDMENTS TECHNICAL AND CONFORMING AMENDMENTS TO MAXIMUM FAMILY BENEFIT PROVISIONS 42 USC 403. SEC. 331. (a)(1) Section 203(a)(3)(A) of the Social Security Act is amended by striking out clause (ii) and inserting in lieu thereof the following: "(ii) an amount (I) initially equal to the product of 1.75 and the primary insurance amount that would be computed under 42 USC 415. section 215(a)(l), for January of the year determined for pur- poses of this clause under the following two sentences, with respect to average indexed monthly earnings equal to one- twelfth of the contribution and benefit base determined for that 42 USC 430. year under section 230, and (II) thereafter increased in accord- ance with the provisions of section 215(i)(2)(A)(ii). The year established for purposes of clause (ii) shall be 1983 or, if it occurs later with respect to any individual, the year in which occurred the month that the application of the reduction provisions contained in this subparagraph began with respect to benefits pay- able on the basis of the wages and self-employment income of the insured individual. If for any month subsequent to the first month for which clause (ii) applies (with respect to benefits payable on the basis of the wages and self-employment income of the insured individual) the reduction under this subparagraph ceases to apply, then the year determined under the preceding sentence shall be redetermined (for purposes of any subsequent application of this subparagraph with respect to benefits payable on the basis of such wages and self-employment income) as though this subparagraph had not been previously applicable.". (2) Section 203(a)(7) of such Act is amended by striking out every- thing that follows "shall be reduced to an amount equal to" and inserting in lieu thereof "the amount determined in accordance with the provisions of paragraph (3)(A)(ii) of this subsection, except that for this purpose the references to subparagraph (A) in the last two

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