Read twice and referred to the Committee on Finance.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Feb 22, 2000
Retired Americans Right of Employment Act II (RARE Act II) - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to repeal the limitation on the amount of outside income which beneficiaries who have attained early retirement age may earn (earnings test) without incurring a reduction in benefits. Provides for the use of all years of earnings in benefit computation, actuarial adjustment for early retirement; and acceleration of increase in delayed retirement credit.Amends the Internal Revenue Code to allow a nonrefundable credit against income tax for qualified individuals who have attained early retirement age.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Feb 10, 2026. Consult Congress.gov for the current record.
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