S 1876
112th Congress
Senate
Economics and Public Finance
Aging
Consumer affairs
Inflation and prices
Social security and elderly assistance
Consumer Price Index for Elderly Consumers Act
Introduced: November 16, 2011
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2011
Read twice and referred to the Committee on Finance.
Nov 16, 2011
Sponsor introductory remarks on measure. (CR S7599-7600)
Nov 16, 2011
Introduced in Senate
Plain-English summary
Consumer Price Index for Elderly Consumers Act - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers (CPI) that indicates changes over time in expenditures for consumption which are typical for individuals who have attained early retirement.
Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to provide for the use of such new CPI in the computation of cost-of-living increases for Social Security benefits.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1