applicable percentage

(6) For purposes of paragraph (1)(A), the “applicable percentage” is— (A) 1 ⁄ 12 of 1 percent in the case of an individual who first becomes eligible for an old-age insurance benefit in any calendar year before 1979; (B) ¼ of 1 percent in the case of an individual who first becomes eligible for an old-age insurance benefit in any calendar year after 1978 and before 1987; (C) in the case of an individual who first becomes eligible for an old-age insurance benefit in a calendar year after 1986 and before 2005, a percentage equal to the applicable percentage in effect under this paragraph for persons who first became eligible for an old-age insurance benefit in the preceding calendar year (as increased pursuant to this subparagraph), plus 1 ⁄ 24 of 1 percent if the calendar year in which that particular individual first becomes eligible for such benefit is not evenly divisible by 2; and (D) ⅔ of 1 percent in the case of an individual who first becomes eligible for an old-age insurance benefit in a calendar year after 2004.

Source

42 USC § 402(w)(6)

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Scoping language

None identified, default scope is assumed to be the parent (subchapter II) of this section.

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