HR 649 113th Congress House Social Welfare Census and government statistics Inflation and prices Self-employed Social security and elderly assistance Wages and earnings

Protecting and Preserving Social Security Act

Introduced: February 13, 2013 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 23, 2013

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Feb 19, 2013

Referred to the Subcommittee on Social Security.

Feb 13, 2013

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Feb 13, 2013

Introduced in House

Plain-English summary Congressional Research Service

Protecting and Preserving Social Security Act - Directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish for each calendar month a Consumer Price Index for Elderly Consumers (CPI-EC) that indicates changes over time in consumption expenditures typical for individuals in the United States age 62 or older.

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to make the CPI-EC the applicable Consumer Price Index (CPI) for computation of cost-of-living increases in OASDI benefits for such individuals.

Amends the Internal Revenue Code to prescribe special rules for the determination of wages and self-employment income above the contribution and benefit base after 2013.

Amends SSA title II to include surplus average indexed monthly earnings (AIME) in the determination of primary OASDI amounts.

What's happening now April 23, 2013

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Committees of jurisdiction 4