notch baby

notch′ ba`by

a person who was born in the U.S. between 1917 and 1921 and as a retiree received lower cost-of-living increases in Social Security than others after Congress readjusted Social Security benefits in 1977.
[1985–90; Amer.]
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References in periodicals archive ?
Take an average Notch Baby. Say he or she has paid in enough dollars, over fifty years, to pay a pension for two years, and his or her employers have matched that.